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Listing provided courtesy of Joan Bullard Realty, Inc.MREDas Distributed by MLSGrid- MLS# 12608452MLS Provider

315 W Madison StreetPontiac, IL 61764

Commercial · 1,912 Sq. ft.
$79,900 Active

315 W Madison Street Overview

Time on Site:
88 days
Visits:
1

Investor Alert!! Recently painted and some remodeling is done. This blank canvas could be used as a multi unit business downstairs and an income generating apartment upstairs. Lower level has a bathroom and two offices. The upstairs is 3 bedrooms and a bathroom. Extra storage available in the basement and back store room. There is Pontiac TIF grant money available for the front and back of the structure. Seller is motivated and says to bring him an offer!!

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315 W Madison Street Facts & Features

  • Type Commercial
  • Sq. ft. 1,912
  • Price/Sq.ft. $42

Details

General

Income/Expenses

  • Operating Expense: 6000

Business Information

  • Business Type: Other

Location/Region

  • County Or Parish: Livingston
  • MLS Area Major: Pontiac

Tax Information

  • Tax Annual Amount: $1,316.00
  • Tax Year: 2024

General Information

  • Parcel Number: 151522402014
  • Property Type: Business Opportunity
  • Zoning: OTHER

Interior

Building Interior

  • Building Area Total: 1912

General Information

  • Cooling: Window Unit(s)
  • Stories: 2

Unit Information

  • Unit SqFt.: 1912

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 20 X 120
  • Lot Size Square Feet: 2579

315 W Madison Street Neighborhood

Community

61764 (Pontiac) Demographics

40
Median Age
86
Population Density (per sq. mile)
23%
College Educated
$54,760
Estimated Median Income
3,542
Estimated Total Home Owners
1,796
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

315 W Madison Street Monthly Cost

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$ %
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$
$
Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

315 W Madison Street Market Data

Based on the last 30 days in this zip code

$222,553
Average List Price
$114
Average Price per Square Foot
14
Properties Sold
83
Average Days on Market
32
Properties for Sale
Calculations provided by Reliance Network

315 W Madison Street History

Date Event Value Agent
4/7/2026Source: MRED Status Change
Active
4/2/2026Source: MRED Added to Database
April 02, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022