506 W Reynolds St

Pontiac, IL 61764
  • $120,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 0

    SqFt

About the Listing 97105 - 980024

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. City approval is in place to tear down the structure and build a duplex, offering even more potential. A prime opportunity awaits!

Listing Highlights

Status Active
Days on Site 6
Property Type Multi-Family
MLS ® 12740326
Year Built 1903
Total Square Footage 0
Lot/Acreage 0.32
County Livingston
Neighborhood Not Applicable
School District 429
Elementary School Attendance Centers
High School Pontiac High School

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Full
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Corner Lot
  • Garage Capacity: 6 car
  • Parking Spaces: 10
  • Lot Dimensions: 100 x 140
  • Zoning: MULTI
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Garage Door Opener,Garage,Yes,Garage Owned,Detached,Off Street,Driveway,Owned

Financial Details

  • Tax Amount: $2,959
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 151527128004
  • Tax Year: 2025

Payment Calculator

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Questions About..

506 W Reynolds St Pontiac, IL 61764

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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