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    101 Madison Street

    Pontiac, IL 61764
    • $200,000
    • STATUS: Active
    • ON SITE: 55 days
    • MLS #: 10801802
    UPDATED: 68 min ago
    $200,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,796
      SQFT
    • $10
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1899
    County:
    Area:

    School Ratings & Info

    Description

    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 $24,000/Yr. in rental income. 2nd & 3rd Floors need substantial work but offer massive potential.

    Monthly Payment Calculator



    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or O'Neil Property Group, LLC. Based on information submitted to the MRED as of 2020-09-25T20:51:15.773 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.oneilpropertygroup.com/homes/108430762
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    101 Madison Street Pontiac, IL 61764

    • Price: $200,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: 10801802
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    20,796
    SQFT
    $10
    $/SQFT
    1899
    Built
    Neighborhood:
    Pontiac
    County:
    Livingston
    Area:
    Pontiac
    Property Description
    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 $24,000/Yr. in rental income. 2nd & 3rd Floors need substantial work but offer massive potential.
    Exterior Features

    Frontage Access City Street Location Central Business District Lot Dimensions 72 X 120 Lot Sq Ft 8640 Number Of TLDocks 0

    Interior Features

    Air Conditioning Central AirWindow Unit/S Fire Protection Other Floor Finish Wood Number Of Drive In Doors 0 Number Of Stories 3

    Property Features

    Age Older Built Before1978 YN Yes Current Use Commercial Electrical Service 240V Power Exterior Building Type Brick Geographic Locale Central Illinois Gross Rentable Area 20796 Gross Rental Income Amount 24000 Heat Ventilation Forced AirHot Water Known Encumbrances Option To Purchase Max Avail Sq Ft Rentable 20796 Min Avail Sq Ft Rentable 7715 Net Oper Income Amount 20793 Number Of Tenants 2 Possession Closing Potential Use CommercialRetail Property Offered For Sale Only Tax Year 2019 Taxes 3207 Tenant Pays ElectricHeatWater/Sewer Total Annual Exp 3207 Total Annual Income 24000 Total Monthly Income 2000 Township Pontiac Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater To Site Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of R.E. Dynamics.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or O'Neil Property Group, LLC. Based on information submitted to the MRED as of 2020-09-25T20:51:15.773 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    O'Neil Property Group, LLC
    135 E. Van Emmon St.
    Yorkville IL, 60560