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506 W Reynolds Street Pontiac, IL $ 120,000
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$ 120,000 Get more info
506 W Reynolds Street
$ 120,000
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506 W Reynolds Street

Pontiac, IL, 61764
$ 120,000
Bedrooms2 Baths1.0 Sq 2,836

Monthly Estimate*

$ 758

506 W Reynolds Street, Pontiac, IL 61764 - Image 1
506 W Reynolds Street, Pontiac, IL 61764 - Image 2
506 W Reynolds Street, Pontiac, IL 61764 - Image 3
506 W Reynolds Street, Pontiac, IL 61764 - Image 4
506 W Reynolds Street, Pontiac, IL 61764 - Image 5
506 W Reynolds Street, Pontiac, IL 61764 - Image 6
506 W Reynolds Street, Pontiac, IL 61764 - Image 7
506 W Reynolds Street, Pontiac, IL 61764 - Image 8

Multi-Family Home for sale in Pontiac, IL

for $120,000 with 2 bedrooms and 1 full bath. This 2,836 square foot home was built in 1903 on a lot size of 0.32.

This multi-family investment property sits on a large corner lot and offers exceptional opportunity. The downstairs unit is currently rented at $1,200/month plus all utilities and features two bedrooms, two living rooms, a kitchen, and a covered back patio. The upstairs has been fully gutted and is ready for renovation, allowing the next owner to add value. Two garages have been built: a 24x24 garage with a standard two-car door and a 26x36 garage with a 10-foot two-car door. The property also includes solar panels that runs all three buildings and will be turned on soon. They are leased at $70/month for 25 years, providing approximately 125% of the typical energy usage. City approval is in place to tear down the structure and build a duplex, offering even more potential. A prime opportunity awaits!

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Multi-Family Active

Price

$ 120,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,959

Style

Traditional

Lot Size

0.32

Year Built

1903

Town/City

Pontiac

County/Region

Livingston

MLS | Web ID

12740326
Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 6
Architectural Style Traditional
Construction Materials Shake Siding
Year Built 1903
Township Pontiac
Tax Year 2025
Ownership Fee Simple
Community Features Sidewalks Street Lights Street Paved
County Livingston
New Construction N
Property Type Residential Income Two to Four Units
Subdivision Name Not Applicable
Other Structures RV/Boat Storage Second Garage Garage(s)
Total Rooms 5
Status New
Directions From I55 take Exit 197 and go east into Pontiac. Continue on Reynolds St. and head east over the RR tracks. Drive 3 blocks and house is on the south side of the street.
High School Pontiac High School
City Pontiac
High School District 90
MLS Area Pontiac
Elementary School Attendance Centers
Tax Annual Amount 2959.26
Middle/Junior High School Pontiac Junior High School
Standard Status Active
Middle/Junior School District 429
Elementary School District 429
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Interior
Basement Unfinished Full
Total Bedrooms 2
Total Baths 1
Bedrooms Possible 2
Full Baths Building 1
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Garage Door Opener Garage Yes Garage Owned Detached Off Street Driveway Owned
Lot Features Corner Lot
Water Source Public
Total Parking 10
Lot Dimensions 100 x 140
Lot Size Acres 0.32
Waterfront Y/N N
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* Excluded Features
List By
Re/Max Rising

Broker

julie@visionhomesgroup.com

Email

Affordability Calculator

$1,004
Per Month
75%
25%
0%
Monthly Principal & Interest
$758
Monthly Property Taxes
$247
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2997466 Elementary School
2497412 Middle School
Pontiac High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/24/2026$120,000 Listed Price

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506 W Reynolds Street, Pontiac, IL, 61764 is a Multi-Family Home for sale at $120,000 with 2,836 sqft and a lot size of 0.32. 506 W Reynolds Street has 2 bedrooms, 1.0 baths, and was built in 1903. The property's zip code is 61764 which is in Pontiac, IL

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