101 E Madison Street Pontiac, IL ^$ 149,900

101 E Madison Street

^$ 149,900

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101 E Madison Street

Pontiac, IL, 61764

^$ 149,900

Studio Baths0.0 Sq 20,796

Monthly Estimate*

^$ 1,047

101 E Madison Street, Pontiac, IL 61764 - Image 1

101 E Madison Street, Pontiac, IL 61764 - Image 2

101 E Madison Street, Pontiac, IL 61764 - Image 3

101 E Madison Street, Pontiac, IL 61764 - Image 4

101 E Madison Street, Pontiac, IL 61764 - Image 5

101 E Madison Street, Pontiac, IL 61764 - Image 6

101 E Madison Street, Pontiac, IL 61764 - Image 7

101 E Madison Street, Pontiac, IL 61764 - Image 8

101 E Madison Street, Pontiac, IL 61764 - Image 9

101 E Madison Street, Pontiac, IL 61764 - Image 10

101 E Madison Street, Pontiac, IL 61764 - Image 11

Studio

Commercial Property for sale in Pontiac, IL

for $149,900. This 20,796 square foot building was built in 1899 on a lot size of 0.2.

Own a Piece of History in Downtown Pontiac! The 3-Story "Rathbun Building" on the corner of Main & Madison St. is being offered for sale & presents numerous possibilities for a creative investor. 2 Businesses occupy the main floor level & currently provide $27,000/Yr. in rental income. 2nd & 3rd Floors need substantial work but offer massive potential.

Commercial Active

Price

^$ 149,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,403

Style

Commercial

Lot Size

0.2

Year Built

1899

Town/City

Pontiac

County/Region

Livingston

MLS | Web ID

10801802

Features

General

Cooling Central Air Window Unit(s)

Utilities Electric to Site Gas to Site Sanitary Sewer Water to Site

Possession Closing

Zoning COMMR

Year Built 1899

Electric Power - 240V

Tenant Pays Electricity Heat Sewer

Stories 3

Township Pontiac

Property SubType Other

Tax Year 2022

Current Use Commercial

Gross Income 27000

County Livingston

Net Operating Income 20096

Operating Expense 6903

Property Type Commercial Sale Office/Tech

Possible Use Commercial Retail

Status Active

Directions Downtown Pontiac just 1 block off Howard St.

City Pontiac

Total Units 2

MLS Area Pontiac

Lot Size Square Feet 8640

Street Name Madison

Tax Annual Amount 3403.52

Additional Parcels Y/N N

Leasable Area 20796

Days on Market 1302

Standard Status Active

Interior

Flooring Wood

Street Suffix Street

Exterior

Building Area Total 20796

Lot Dimensions 72 X 120

Lot Size Acres 0.2

Frontage Type City Street

Exterior Brick

* Excluded Features

List By

R.E. Dynamics

Broker

dwayman@redynamics.net;dwayman2017@gmail.com

Affordability Calculator

$1,331

Per Month

Monthly Principal & Interest: $1,047
Monthly Property Taxes: $284
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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

Trends
Schools

Commerical listings in Pontiac, IL

Average List Price ^$395,960

Percent of Sale Price 164%

About Pontiac, IL

11,530 Population

-4% Since 2002

^$46,476 Median Income

39.43 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/27/2021	$149,900	-11.82%	Price Down
1/29/2021	$170,000	-5.56%	Price Down
10/21/2020	$180,000	-10.00%	Price Down
7/31/2020	$200,000		Listed Price

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101 E Madison Street, Pontiac, IL, 61764 is a Commercial Property for sale at $149,900 with 20,796 sqft and a lot size of 0.2. 101 E Madison Street is a studio with 0.0 baths and was built in 1899. The property's zip code is 61764 which is in Pontiac, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/1/2024.

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101 E Madison Street

Commercial Property for sale in Pontiac, IL

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