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    222 Madison Street

    Pontiac, IL 61764
    • $184,900
    • STATUS: Active
    • ON SITE: 452 days
    • MLS #: 10289041
    UPDATED: 62 min ago
    $184,900
    • 0
      BEDS
    • Less Than .25 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,806
      SQFT
    • $32
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    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. Total 2017 Rental Income from both apartments & a business on main floor was approx. $29,800. Basement can be accessed from 2 different stair cases, 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!

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    © 2020 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 Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-06-06T07:49:59.697 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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    www.lewkepartners.com/homes/92562903

    222 Madison Street Pontiac, IL 61764

    • Price: $184,900
    • Status: Active
    • Updated: 62 min ago
    • MLS #: 10289041
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Less Than .25 Acre
    Acres
    5,806
    SQFT
    $32
    $/SQFT
    Neighborhood:
    Pontiac
    County:
    Livingston
    Area:
    Pontiac
    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. Total 2017 Rental Income from both apartments & a business on main floor was approx. $29,800. Basement can be accessed from 2 different stair cases, 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!
    Exterior Features

    Approx Land Sq Footage 3235 Frontage Access City Street Location Central Business District Lot Dimensions 30 X 120 Number Of Parking Spaces 6 Waterfront YN No

    Interior Features

    Air Conditioning Central Air Miscellaneous Inside Multi-TenantPrivate Restroom/SStorage Inside Number Of Stories 2 Outdoor Parking 6-12 SpacesLighted

    Property Features

    Adj Net Inc Expense Source Actual Adjusted Net Income 0 Ann Rnt Expense Source Actual Annual Rent For Real Estate 29800 Business Age 11+ Years Business Name Myers Law Firm Business Type Service/Misc. Corporate Limits Pontiac Cost Of Goods Expense Source Actual Cost Of Goods Sold 0 Cost Of Goods Year 2018 Current Use Other Gross Payroll 0 Gross Payroll Expense Source Actual Gross Payroll Year 2018 Gross Profit 0 Gross Profit Expense Source Actual Gross Profit Year 2018 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 2018 Gross Sales Annual 0 Heat Ventilation Forced AirGas Inventory 0 Inventory Expense Source Actual Inventory Year 2018 Known Encumbrances None Known Living Quarters Available Net Operating Income Year 2018 Net Profit 0 Net Profit Source Actual Possession Closing Potential Use Commercial Real Estate Included YN Yes Tax Year 2018 Taxes 3840.86 Tenant Pays Air ConditioningElectricHeatReal Property TaxesInsuranceRepairs And MaintenanceRoof Total Op Exp Year 2018 Total Op Expense Source Actual Total Operating Expenses 0 Township Pontiac Type Of Lease None Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater To Site Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of R.E. Dynamics.


    © 2020 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 Keller Williams Success Realty. Based on information submitted to the MRED as of 2020-06-06T07:49:59.697 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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