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Listed by Brian Carradusof Judy Powell Realty
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Est. payment /mo
Active
221 S Mill ST Pontiac, IL 61764
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
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
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