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101 E Madison Street

Pontiac, IL 61764
  • $149,900
  • STATUS: Active Under Contract
  • ON SITE: 852 Days
  • MLS #: 10801802
Under Contract
$149,900
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 20,796
    SQFT
  • $7
    $/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.

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© 2022 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-11-30T23:58:42.09 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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101 E Madison Street Pontiac, IL 61764

  • Price: $149,900
  • Status: Active Under Contract
  • On Site: 852 Days
  • MLS #: 10801802
0
Beds
0
Baths
0
½ Baths
0.2
Acres
20,796
SQFT
$7
$/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

Exterior Building Type Brick Frontage Type City Street

Interior Features

Cooling Central AirWindow Unit(S) Flooring Wood Heat Ventilation Forced AirHot Water Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 20796 Built Before1978 YN Yes Contingency Other Contingency Continue To Show Yes Current Use Commercial Electric Power - 240V Fire Protection Other Geographic Locale Central Illinois Gross Income 24000 Gross Scheduled Income 24000 Leasable Area 20796 Location Central Business District Mls Actual Status Contingent Net Operating Income 20793 Number Of Tenants 2 Operating Expense 3207 Ownership Types Individual Possible Use CommercialRetail Property Offered For Sale Only Property Sub Type Other Tax Annual Amount 3280.84 Tax Year 2020 Tenant Pays ElectricityHeatSewer Total Monthly Income 2000 Township Pontiac Type Office/Tech Utilities Electric To SiteGas To SiteSanitary SewerWater To Site Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of R.E. Dynamics: 815-844-4663.


© 2022 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 Rossi and Taylor Realty Group. Based on information submitted to the MRED as of 2022-11-30T23:58:42.09 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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