SQUARE FEET4,320
MLS#12589327
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
Prime investment opportunity in the heart of downtown Pontiac! This mixed-use commercial building offers the perfect blend of steady income and long-term potential. The main level features two storefronts, each approximately 1,000 square feet. One is currently home to a boutique, while the second will be occupied soon-both units fully leased as of April 1, providing immediate rental income. Upstairs, you'll find a spacious 2,000 square foot apartment with 2 bedrooms and 2 bathrooms. With its generous layout and prime downtown location, the residential unit adds even more value and income potential to this already strong investment. Whether you're looking to expand your portfolio or step into a turnkey property with established tenants, this building is a rare find in a vibrant downtown district.
Property Features
Property Type: Commercial - Business
Cooling: Central Air, Window Unit(s)
Lot Size: 0.06 Acres
Stories: 2.0
Taxes: $5,633
Year Built: 1906
Feature Descriptions
Current Use: Commercial
Electric: Circuit Breakers
Exterior: Brick, Glass
Fire Protection: None
Foundation: Brick/Mortar
Frontage Type: City Street
HVAC: Electric, Forced Air
Location: Central Business District
Lot Dimensions: 40 X 60.87
Miscellaneous Indoor: Basement
Number of Tenant(s): 3
Parcel#: 151522403027
Potential Use: Commercial
Units: 3
Listed By / Shown By
Listed By
Agency Name: Eppel Realty
Agency Phone: 815-844-9442
Shown By
Agent Name: Frank Wehrstein
Agent Phone: (815) 262-8210
Agency Title: Dickerson & Nieman Realtors
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203 W Madison Street | MLS# 12589327
This commercial property located at 203 W Madison Street, Pontiac, IL 61764 is currently listed for sale with an asking price of $219,900. Search Pontiac real estate on frankwehrstein.dickersonnieman.com today.