221 S Mill Street,Pontiac, IL 61764
Pontiac, IL 61764
Description
Excellent Investment Opportunity - 6-Unit Multifamily Property Don't miss this strong cash-flowing investment property featuring 6 total units, including 3 one-bedroom apartments and 3 studio apartments. This well-maintained building offers an attractive opportunity for both new and experienced investors looking to start or expand their rental portfolio. Recent improvements include refreshed common hallways, a new furnace (2021), new water heater (2022), as well as vinyl siding and replacement windows. Tenants enjoy the convenience of an on-site laundry room with coin-operated machines, providing an additional income stream for ownership. Units 1, 3, 4, and 6 have been recently updated, and the photos reflect their condition prior to being re-leased. Units 2 and 5 have been occupied by long-term tenants for more than four years and were refreshed before their current occupancy. Featuring efficient, easy-to-rent floor plans and solid rental history, this property is a great addition to any investment portfolio. Whether you're looking for your first multifamily investment or your next income-producing asset, this opportunity deserves a closer look.
Details
| MLS # | 12669430 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1871 |
| Days On Site | 93 |
| Listing Provided By | Judy Powell Realty | Brian Carradus |
Features
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 6 |
| Acreage | 0.24 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Fireplaces Total | 0 |
Exterior
| Roof | Composition |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Vinyl Siding |
Utilities
| Utilities | Sewer Connected, Cable Available, Fiber |
|---|---|
| Electric | Circuit Breakers, Service - 101 to 200 Amps |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 3195 |
Area Information
| State | IL |
|---|---|
| County | Livingston |
| City | Pontiac |
| Zip Code | 61764 |
| Area | Pontiac |
| Listing VS Median (in 61764) | |
Price: $219,000 low | high Med: $174,900 On site: 93 low | high Med: 50 | |
Market Activity 61764
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Learn More About This Property
| State | IL |
|---|---|
| County | Livingston |
| City | Pontiac |
| Zip Code | 61764 |
| Area | Pontiac |
| Listing VS Median (in 61764) | |
Price: $219,000 low | high Med: $174,900 On site: 93 low | high Med: 50 | |
