203 W Madison ST, Pontiac, IL 61764
203 W Madison ST, Pontiac, IL 61764
203 W Madison ST, Pontiac, IL 61764
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$200,900
Est. payment /mo
4,320 SqFt
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,320 sqft

Price per Sqft $46

MLS Listing ID 12589327

Year Built 1906

Annual Tax Amount $5,633

Tax Year 2024

Lot Dimensions 40 X 60.87

Property Sub-Type Mixed Use

Property Description

Prime investment opportunity in the heart of downtown Pontiac! This mixed-use commercial building offers the perfect blend of steady income and long-term potential. The main level features two storefronts, each approximately 1,000 square feet. One is currently home to a boutique, while the second will be occupied soon, providing immediate rental income. Upstairs, you'll find a spacious 2,000 square foot apartment with 2 bedrooms and 2 bathrooms. With its generous layout and prime downtown location, the residential unit adds even more value and income potential to this already strong investment. Whether you're looking to expand your portfolio or step into a turnkey property with established tenants, this building is a rare find in a vibrant downtown district.

Location

State IL

County Livingston

Area Pontiac

Zoning COMMR

Interior

Cooling Central Air, Window Unit(s)

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Brick,Glass


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Midwest Real Estate Data (MRED) IDX
Listed by Mark Raube of  Eppel Realty 

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Angela Ketelsen

Angela Ketelsen

+1(815) 980-0144

Agent License ID: 475192585

Agent License ID: 475192585

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203 W Madison ST