506 W Reynolds ST, Pontiac, IL 61764
506 W Reynolds ST, Pontiac, IL 61764
506 W Reynolds ST, Pontiac, IL 61764
506 W Reynolds ST, Pontiac, IL 61764
506 W Reynolds ST, Pontiac, IL 61764
506 W Reynolds ST, Pontiac, IL 61764
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$ 120,000
Est. payment | /mo

2 Beds

1 Bath

0.32 Acres Lot


Save
$ 120,000
Est. payment | /mo
Save

2 Beds

1 Bath

0.32 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12740326

Style Traditional

Bedrooms 2

Year Built 1903

Annual Tax Amount $2,959

Tax Year 2025

Lot Size 0.320 Acres

Lot Dimensions 100 x 140

Property Sub-Type Two to Four Units

Property Description

This multi-family investment property sits on a large corner lot and offers exceptional opportunity. The downstairs unit is currently rented at $1,200/month plus all utilities and features two bedrooms, two living rooms, a kitchen, and a covered back patio. The upstairs has been fully gutted and is ready for renovation, allowing the next owner to add value. Two garages have been built: a 24x24 garage with a standard two-car door and a 26x36 garage with a 10-foot two-car door. The property also includes solar panels that runs all three buildings and will be turned on soon. They are leased at $70/month for 25 years, providing approximately 125% of the typical energy usage. City approval is in place to tear down the structure and build a duplex, offering even more potential. A prime opportunity awaits!

Location

State IL

County Livingston

Area Pontiac

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Garage Spaces 6.0

Community Features Sidewalks, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Corner Lot

Dwelling Type Two to Four Units

Building Description Shake Siding, No

Sewer Public Sewer

Water Public

Structure Type Shake Siding

New Construction false

Schools

Elementary Schools Attendance Centers

Middle Schools Pontiac Junior High School

High Schools Pontiac High School

School District 429 , 429, 90

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Julie Moore of  RE/MAX Rising 

 

Contact US TODAY TO GET STARTED

Steve Porter

Steve Porter

+1(773) 992-9619

Broker | License ID: 471.018397

Broker License ID: 471.018397

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