105-107 North Mill Street

Pontiac, IL 61764

$150,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment opportunity in downtown Pontiac with these two buildings that offer plenty of store front/office space in addition to an upper floor 2 bedroom apartment in each building. Both apartments and one store front are occupied. Established renters are an added bonus to these properties. Buildings were tuckpointed in 2023. Apartments were painted and new flooring installed in 2023. 107 commercial space has just been repainted and ceiling tiles replaced. Tenants pay all utilities except for...Great investment opportunity in downtown Pontiac with these two buildings that offer plenty of store front/office space in addition to an upper floor 2 bedroom apartment in each building. Both apartments and one store front are occupied. Established renters are an added bonus to these properties. Buildings were tuckpointed in 2023. Apartments were painted and new flooring installed in 2023. 107 commercial space has just been repainted and ceiling tiles replaced. Tenants pay all utilities except for garbage and sewer.
  1. Listed by Lisa Martin • Panno Realty

Property Details for 105-107 North Mill Street

Area
Pontiac
Township
Pontiac
Zoning
COMMR

Location

Listing Courtesy of Panno Realty
Add your commute
LISTING UPDATED: 04/21/2024 12:06 AM

Property Details for 105-107 North Mill Street

StatusActive
MLS #12013652
Days on Market14
Taxes$1,696 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1900
Lot Size0.05 AC / 2,340 SF
CountyLivingston County

Location

Listing Courtesy of Panno Realty
Add your commute

Building Information for 105-107 North Mill Street

Stories-Residences4Year Built1900Lot Size0.05 AC / 2,340 SF

Payment Calculator

$960 per month

30 year fixed, 7.25% Interest

Principal and Interest

$819

Property Taxes

$141

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 105-107 North Mill Street

General Information
Addtl Parking Information
  • Outdoor Parking: Common Parking
  • Open Parking Spaces: 0.0
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Central Illinois
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Separate Meters
  • Heat/Ventilation: Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Water to Site
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat, Sewer
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 40 X 60
  • Lot Size Square Feet: 2340.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Metal
  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Brick/Mortar
  • Building Area Total: 1120
  • # Of Offices: 1
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 6
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $2,550.00
  • Gross Scheduled Income: $30,600.00
  • Insurance Expense: $4,000.00
  • Electric Expense Source: Owner Projection
  • Known Encumbrances: None Known
  • Insurance Expense Source: Actual
  • Total Monthly Income: 1900
  • Trash Expense: $40.00
  • Water Sewer Expense: $.00

Property History for 105-107 North Mill Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 105-107 North Mill Street

This home is within Pontiac Central Consolidated School District 429.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 3
Public - 4 to 5
Public - 6 to 8
Rating
School
Distance
Central Elementary School
PublicPK to 1

Lincoln Elementary School
Public2 to 3

Washington Elementary School
Public4 to 5

Pontiac Jr High School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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105-107 North Mill Street is a mixed use property for sale in Pontiac, IL 61764. This property was listed for sale on April 15, 2024 by Panno Realty, it's currently listed at $150,000. This listing's school districts are Pontiac Central Consolidated School District 429, Pontiac Twp Hsd 90 School District. Nearby schools include Central Elementary School, Lincoln Elementary School and Washington Elementary School. 105-107 North Mill Street is a 0-bed, 0-bath, mixed use property built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Panno Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.