317 W Madison Street, Pontiac, IL 61764 - Photo 1

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$150,000

For Sale
Active
Business
1,462 Sq. Ft.

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Property Description

Pizza Restaurant located in downtown Historic Pontiac for sale. This is turn-key and seller will train the new owners. Newer 200 amp circuit panel and newer tankless water heater. All equipment will remain.

Full Property Details

Full Property Details for 317 W Madison St

General

Price: $150,000
Taxes: $2,571 (2024)
Status: Active
Type: Business
Source: MRED
MLS ID: 12528418
Updated: 12/12/2025
Added to Site: 43 day(s) ago

Business

Name: Marchelloni Pizza
Business Type: Restaurant
Years in Business: 11 or More
Seating Capacity: None

Location

Area: Pontiac
County: Livingston
Driving Directions: Across the street from the Post Office, next to the movie theater.
Location Details: Central Business District

Heating & Cooling

Cooling Type: None
Heating Type: Forced Air

Utilities

Water: Community Water
Onsite: Electricity to Site, Natural Gas Available, Water Available

Structural Information

Construction: Brick
Exterior Const.: Brick
Roof: Membrane
Stories/Levels: 1
Square Feet: 1,462

Lot Features

Lot Size (Sq. Ft.): 2,195
Lot Size Range: Less than .25 Acre
Lot Dimensions: 18.19 x 120.65
Potential Use: Liquor License, Retail, Special Use
Zoning: COMMR

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Tax Amount: $2,571.24
Tax Year: 2024
Tenant Pays: Electricity, Heat, Taxes, Insurance, Repairs, Sewer

Disclosures and Reports

Ownership: Corporation
Property ID: 151522402013

Listed by Lyons Sullivan Realty Inc

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Listing agent

— 317 W Madison St —

Lyons Sullivan Realty Inc

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Schools

Schools serving 317 W Madison St

School Districts:Pontiac Community Consolidated School District 429, Pontiac Township High School District 90

Name	Grades	Distance
Central Elementary School, Pontiac, IL 117 West Livingston Street, Pontiac, IL 61764	PK-1	0.2 mi
Lincoln Elementary School, Pontiac, IL 514 South Main Street, Pontiac, IL 61764	2-3	0.5 mi
Washington Elementary School, Pontiac, IL 400 North Morrow Street, Pontiac, IL 61764	4-5	0.8 mi
Pontiac Jr High School, Pontiac, IL 600 North Morrow Street, Pontiac, IL 61764	6-8	0.8 mi
Pontiac High School, Pontiac, IL 1100 East Indiana Avenue, Pontiac, IL 61764	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 317 W Madison St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/05/2025

Listed

$150,000

172.73%

MLS

3/01/2019

Sold

$55,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 317 W Madison St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$2,571

$27,809

2023

$2,505

61%

$26,014

68%

2022

$1,555

$15,462

2021

$1,512

$14,868

2020

$1,499

$14,421

2019

$1,465

—

$13,789

-1%

2018

$1,469

—

$13,929

—

2017

$1,464

—

$13,915

-1%

2016

$1,470

-1%

$14,084

—

2015

$1,485

—

$14,084

—

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 317 W Madison St

317 W Madison Street, Pontiac, IL 61764 (MLS# 12528418) is a Business property. 317 W Madison Street is currently listed for $150,000 and was received on December 05, 2025. Want to learn more about 317 W Madison Street? Do you have questions about finding other Business real estate for sale in Pontiac? You can browse all Pontiac real estate or contact a Coldwell Banker agent to request more information.

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317 W Madison St Pontiac, IL 61764