222 W Madison ST Active

Pontiac,IL 61764

$ 300000

- Bed

0 Bath

5806 SqFt


Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 5,806 sqft

Price per Sqft $51

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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