USAILPontiacNot Applicable506 W Reynolds St

506 W Reynolds St, Pontiac, IL

Name: 506 W Reynolds St, For Sale in Pontiac - Zoocasa
Brand: RE/MAX Rising
SKU: 12740326
Price: 120000 USD

House

For Sale

Listed price in listed location currency (USD).

$120,000

2110

MLS® 12740326

Overview

Key Facts

Type Multi Family

Levels Residential Income

Size -

Garage Yes

Taxes $2,959

Days Active 30

Lot Size 0.32 Acres

Approx. Age 1903

MLS® Number 12740326

Property Address: 506 W Reynolds St, Pontiac, IL, 61764-3802

Average square foot calculated using Size range provided by listing agent.

Description

This multi-family investment property sits on a large corner lot and offers exceptional opportunity. The downstairs unit is currently rented at $1, 200/month plus all utilities and features two bedrooms, two living rooms, a kitchen, and a covered back patio. The upstairs has been fully gutted and is ready for renovation, allowing the next owner to add value. Two garages have been built: a 24x24 garage with a standard two-car door and a 26x36 garage with a 10-foot two-car door. The property also includes solar panels that runs all three buildings and will be turned on soon. They are leased at $70/month for 25 years. City approval is in place to tear down the structure and build a duplex, offering even more potential. A prime opportunity awaits!

MLS® Number12740326

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1903

BasementUnfinished, Full

DrivewayGarage Door Opener, Garage, Yes, Garage Owned, Detached, Off Street, Driveway, Owned

Garage Spaces

HeatNatural Gas

A/C

Extras

How Much House Can I Afford?

Home Estimate Zoopraisal®

This property is estimated to sell between: $120,000 and $164,000.

Similar properties in this area sold on average for: $148,897

Expected to sell in 16 days. Similar properties sold in 46 days. This home has been on Zoocasa for 30 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Map

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