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$ 279,000
Est. payment /mo
Price Dropped by $21K
222 W Madison ST Pontiac, IL 61764
5,806 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 5,806 sqft
Price per Sqft $48
MLS Listing ID 12285308
Year Built 1900
Annual Tax Amount $5,346
Tax Year 2023
Lot Dimensions 30 X 120
Property Sub-Type Office/Tech
Property Description
*Investment Opportunity Alert in Pontiac, Illinois!** Discover an outstanding cash-flowing gem at 222 W Madison St-this impressive 5-unit building promises both charm and potential. Situated in a strategic location, this property is ripe for savvy investors seeking profitable ventures. - **Main Floor:** Spanning approximately 3,235 square feet, the main floor currently secures two reliable tenants. The Front unit yields 850/month, while the Middle unit brings in 750/month, ensuring a steady income stream. The Back unit awaits your vision to unlock further possibilities. - **Upper Floor:** Encompassing 2,571 square feet, the upstairs holds two thriving rental units. The spacious 3-bedroom unit generates 975/month, while the second unit contributes 750/month. - Basement offers ample space, and serves as a blank canvas with untapped potential. This multi-unit offers not only immediate rental income but also growth prospects. Whether you're an experienced investor or new to the market, the possibilities here are endless. Don't miss out on this exceptional investment opportunity. Schedule a showing today and envision the future of your portfolio.
Location
State IL
County Livingston
Area Pontiac
Zoning COMMR
Interior
Cooling Central Individual, Window Unit(s)
Flooring Carpet
Fireplace N
Building
Dwelling Type Office/Tech
Level or Stories 2
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Listed by Kyle Delong • Kyle DeLong Properties