105-107 N Mill ST Active

Pontiac,IL 61764

$ 120000

- Bed

0 Bath

4480 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,480 sqft

Price per Sqft $26

MLS Listing ID 12396819

Year Built 1900

Annual Tax Amount $4,147

Tax Year 2024

Lot Dimensions 40 X 60

Property Sub-Type Mixed Use

Property Description

Great investment opportunity in the heart of downtown Pontiac! This mixed-use building features two commercial spaces and two residential apartments, each offering approximately 1,120 sq ft. Both apartments are currently tenant-occupied, commercial spaces are ready for new tenants immediately. Recent updates include tuckpointing in 2023, fresh paint and new flooring in both apartments, and updated ceiling tiles and paint in commercial suite 107. Utilities are separately metered. Located directly across from Market 59 and close to all the downtown activities and public parking, this property offers great visibility and strong rental potential. Roof was installed by Tom Cat approximately 10-15 years ago. It is a metal roof that spans both sides. The upstairs furnaces were replaced around 2004, the downstairs both have separate a/c units and are newer. Upstairs does not have central air. Smiths plumbing service the HVAC every year. New circuit breaker installed in 107 recently by Durham Electric. Back room in 105 insulated by Gary Boldt. Abraham Masonry did tuck pointing on exterior in 2023, cost about 30,000.

Location

State IL

County Livingston

Area Pontiac

Zoning COMMR

Interior

Cooling Central Air,Window Unit(s)

Fireplace N

Exterior

Utilities Available Electric to Site,Natural Gas Available,Water Available

Roof Type Metal

Building

Dwelling Type Mixed Use

Structure Type Brick

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