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$109,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,080 Sq. Ft.
  • 1 Car Garage
  • Updated 1 day ago
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Welcome home to this awesome three-bedroom house located on a quaint street in Pontiac. This home offers tons of potential and is ready for the next owner's finishing touches. Features include a large living room, spacious kitchen, an unfinished full basement and a one car detached garage. Property needs some TLC but this home is rich in sweat equity and could make a great owner-occupied primary residence or investment opportunity.

Full Property Details for 516 E Payson St

General

  • Price: $109,900
  • Taxes: $1,473 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12740273
  • Updated: 8/22/2026
  • Added to Site: 2 day(s) ago

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Equipment: Ceiling Fan(s)
  • Other Features: Flood Zone

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Concrete, Gravel, Yes, Detached, Garage

Location

  • Area: Pontiac
  • County: Livingston
  • Township: Pontiac
  • Driving Directions: Water Street to Lyon Street, south on Lyon to Payson. Right on Payson south side of street.

School Information

  • School District: 429
  • Elem School District: 429
  • Midd School District: 429
  • High School District: 90
  • Elementary School: Pontiac High School
  • Middle School: Pontiac Junior High School
  • High School: Pontiac High School
  • Private School: Pontiac High School

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Square Feet: 1,080
  • Sq. Ft. Source: Assessor
  • Year Built: 1949
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 50 x 120

Financial Considerations

  • Assessment Year: 1949
  • Tax Amount: $1,473
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 151523380006

Listed by Homeriver Illinois LLC

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— 516 E Payson St —

  • Homeriver Illinois LLC

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 516 E Payson St

School Districts:Pontiac Community Consolidated School District 429, Pontiac Township High School District 90
NameGradesDistance
Washington Elementary School, Pontiac, IL
400 North Morrow Street, Pontiac, IL 61764
4-50.4 mi
Lincoln Elementary School, Pontiac, IL
514 South Main Street, Pontiac, IL 61764
2-30.7 mi
Central Elementary School, Pontiac, IL
117 West Livingston Street, Pontiac, IL 61764
PK-10.8 mi
Pontiac Jr High School, Pontiac, IL
600 North Morrow Street, Pontiac, IL 61764
6-80.4 mi
Pontiac High School, Pontiac, IL
1100 East Indiana Avenue, Pontiac, IL 61764
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 516 E Payson St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/22/2026
Listed
$109,900
10890%
MLS
8/01/2020
Sold
$1,000
—
Public Record
Get Price Alerts and Save Property
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 for 516 E Payson St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,659
13%
$24,933
14%
2024
$1,473
5%
$21,928
7%
2023
$1,398
6%
$20,513
8%
2022
$1,314
5%
$19,067
4%
2021
$1,255
2%
$18,333
3%
2020
$1,225
5%
$17,781
5%
2019
$1,169
-33%
$17,003
-25%
2018
$1,750
—
$22,587
—
2017
$1,743
-1%
$22,565
-1%
2016
$1,758
-1%
$22,839
—
2015
$1,776
—
$22,839
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Homeriver Illinois LLC

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516 E Payson Street, Pontiac, IL 61764 (MLS# 12740273) is a Single Family property with 3 bedrooms and 1 full bathroom. 516 E Payson Street is currently listed for $109,900 and was received on August 22, 2026. Want to learn more about 516 E Payson Street? Do you have questions about finding other Single Family 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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