$205,000
$225,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
222 W Madison ST Pontiac, IL 61764
5,806 SqFt
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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Bought with Richard Campbell • Panno Realty
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