This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
222 W Madison Street, Pontiac, IL 61764
$205,000
222 W Madison Street, Pontiac, IL 61764View this property at 222 W Madison Street, Pontiac, IL 61764
222 W Madison StreetPontiacIL61764
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
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. Tenants occupy the 2 commercial spaces on the west side. The south end tenant is under a 5-year lease at $750/month, & the tenant in the middle is MTM also at $750/month. Basement can be accessed from 2 different staircases, 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!
Full Property Details
Full Property Details for 222 W Madison St
General
- Sold For: $205,000
- Taxes: $4,064 (2022)
- Status: Closed
- Type: Office
- MLS ID: 11847960
- Added to Site: 309 day(s) ago
Interior
- Flooring: Carpet
Additional Information
- Security/Safety: Other
Parking
- Parking Features: Parking-Street
Location
- Area: Pontiac
- County: Livingston
- Driving Directions: Downtown Pontiac on the corner of W Madison & N Plum.
- Location Details: Central Illinois, Central Business District, Corner
Heating & Cooling
- Cooling Type: Central Individual, Window Unit(s)
- Heating Type: Forced Air
Structural Information
- Exterior Const.: Brick
- Sub-Flooring: Carpet
- Stories/Levels: 2
- Square Feet: 5,806
- Current Bldg. Use: Commercial, Legal Non-Conforming
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,600
- Lot Dimensions: 30 x 120
- Potential Use: Commercial, Legal Non-Conforming
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $11,000
- Security Deposit: Other
- Assessment Year: 1900
- Tax Amount: $4,064.54
- Tax Year: 2022
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 15152240700100
Listed by R.E. Dynamics
Sold by Panno Realty
Get Pre-Approved Today
Schools
Schools serving 222 W Madison St
School Districts:Pontiac Community Consolidated School District 429, Pontiac Township High School District 90
Rating | Name | Grades | Distance |
---|---|---|---|
Central Elementary School, Pontiac, IL
117 W Livingston St, Pontiac, IL 61764 | PK-1 | 0.2 mi | |
514 S Main St, Pontiac, IL 61764 | 2-3 | 0.4 mi | |
400 N Morrow St, Pontiac, IL 61764 | 4-5 | 0.7 mi | |
600 N Morrow St, Pontiac, IL 61764 | 6-8 | 0.8 mi | |
1100 E Indiana Ave, Pontiac, IL 61764 | 11-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 222 W Madison St
Date
Details
Price
Change
Source
9/01/2023
Sold
$205,000
-8.89%
MLS
8/01/2023
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
222 W Madison Street, Pontiac, IL 61764 (MLS# 11847960) is a Office property that was sold at $205,000 on September 01, 2023. Want to learn more about 222 W Madison Street? Do you have questions about finding other Office real estate for sale in Pontiac? You can browse all Pontiac real estate or contact a Coldwell Banker agent to request more information.