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$ 120,000
Est. payment | /mo
4,480 SqFt
$ 120,000
Est. payment | /mo
4,480 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
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Star Grieff of Star Grieff Realty
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Sanjay Marathe
REALTOR® | Lic# 475168373