221 S Mill ST, Pontiac, IL 61764
221 S Mill ST, Pontiac, IL 61764
221 S Mill ST, Pontiac, IL 61764
221 S Mill ST, Pontiac, IL 61764
221 S Mill ST, Pontiac, IL 61764
221 S Mill ST, Pontiac, IL 61764
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Listed by Brian Carradusof Judy Powell Realty
$ 219,000
Est. payment | /mo

Save
$ 219,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12669430

Year Built 1871

Annual Tax Amount $3,195

Tax Year 2025

Lot Dimensions 78x132

Property Sub-Type Multi Family 5+

Property 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.

Location

State IL

County Livingston

Rooms

Basement Unfinished, Crawl Space

Interior

Cooling Window Unit(s)

Fireplace Y

Exterior

Utilities Available Sewer Connected, Cable Available, Fiber

View Y/N true

Roof Type Composition

Building

Foundation Concrete Perimeter

Water Municipal Water

Structure Type Vinyl Siding

Midwest Real Estate Data (MRED) VOW

Nearby Locations

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221 S Mill ST