Pontiac, IL 61764,222 W Madison ST
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Pontiac, IL 61764,222 W Madison ST
Pontiac, IL 61764,222 W Madison ST
Pontiac, IL 61764,222 W Madison ST
Pontiac, IL 61764,222 W Madison ST

$205,000

Est. payment /mo

$225,000

8.9%
Est.Price: ?

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222 W Madison ST Pontiac, IL 61764

5,806 SqFt

SOLD DATE : 09/01/2023

Key Details

Sold Price $205,000

Property Type Commercial

Sub Type Office/Tech

Listing Status Sold

Purchase Type For Sale

Square Footage 5,806 sqft

Price per Sqft $35

MLS Listing ID 11847960

Sold Date 09/01/23

Year Built 1900

Annual Tax Amount $4,064

Tax Year 2022

Lot Dimensions 30 X 120

Property Sub-Type Office/Tech

Property Description

Large, All Brick Bldg. in Downtown Pontiac offers approx. 3,235 Sq. Ft. on the Main Floor, 2,571 Sq. Ft. on the 2nd Floor, split into 2 Apartments, & a Very Usable Full Basement w/Great Potential! The bldg. is home to a law firm in the front on the main floor, split into a waiting area, 2 large office spaces, & 2 additional spacious rooms. The rest of the main floor is separated into 2 different areas, one w/4 Rooms & 2 Half Baths, & the other w/2 Rooms & 1 Half Bath. Each space has its own entrance on Plum St. (Facing the Post Office). The 2nd Floor features 2 Apartments, each approx. 1,200 Sq. Ft. Apt. A is 2-3 BR, 1.5 BA & Occupied. Apt. B is 2 BR, 1 BA & Vacant. Tenants occupy the 2 commercial spaces on the west side. The south end tenant is under a 5-year lease at $750/month, & the tenant in the middle is MTM also at $750/month. Basement can be accessed from 2 different staircases, 1 of which leads to a small sitting area & Half Bath. This is a Great Bldg. to open up your own business, in addition to generating substantial rental income!

Location

State IL

County Livingston

Area Pontiac

Zoning COMMR

Interior

Cooling Central Individual, Window Unit(s)

Flooring Carpet

Fireplace N

Building

Level or Stories 2

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Midwest Real Estate Data (MRED) IDX
Listed by David Wayman • R.E. Dynamics
Bought with Richard Campbell • Panno Realty
agent

Michael Schatz

+1(312) 961-4450

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