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Victorian Triplex on Corner Lot
For Sale
$170,000
Pending

302 S Oak Street, Pontiac, IL 61764

MULTI_FAMILY - Victorian - Pontiac, IL

Property SizeContact for details
Lot Size0.21 Acres
Days on Market28

Property Features for 302 S Oak Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Basement, Bathroom 1, Bedroom 2, Bedroom 3
Parking 8
Parking features Garage, Driveway, Off Street, Owned
Patio and Porch features Deck
Basement Full, Unfinished
Lot features Corner Lot
Elementary school Attendance Centers
Middle school Pontiac Junior High School
High school Pontiac High School
Elementary school district 429
Middle school district 429
High school district 90
Directions From Downtown Pontiac, go south on Mill St. Go over the Mill St bridge. Turn west on Grove St. The house is on the south side of the street corner of Oak and Grove.
Subdivision Pontiac
Standard status Pending
APN 151522454001
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4365

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Radiant
Water source Public

Building Details

Year built 1900
Building materials Vinyl Siding
Roof type Asphalt
Architectural style Victorian
Listing Agency: RE/MAX Rising · RE/MAX International
Listed By: Julie Moore · License #475157626
Added: Jul 14 Changed: Aug 3 Last Checked: Aug 10 at 12:06PM
MLS# 12703840

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well-cared-for Victorian triplex offers three distinct units on a corner lot. The first unit includes 2 bedrooms, 2 baths, a kitchen, living room, and utility room. The second unit has 2 bedrooms, 1 bath, kitchen, living room, and a utility area. The third unit features 1 bedroom, 1 bath, kitchen, and living room. Most flooring is hardwood and ceramic tile, with ample storage throughout.

Key updates include a roof replacement in 2010 and a boiler added in 2021 that services all three apartments. The property has a nice size yard and includes a deck. Utilities are public water and public sewer, and heating is radiant with natural gas.

Parking is available with off-street options including an owned garage that can be rented for added convenience. One unit is currently empty, providing flexibility for owner occupancy while the remaining units help offset expenses.

Key Highlights

  • Three‑unit triplex with 2/2, 2/1, and 1/1 unit mix
  • 0.21‑acre corner lot with yard and deck
  • Roof replaced in 2010

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Kitchen & Bath Showroom Grocery & Convenience Store Gym & Fitness Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby

Demographics for 61764, IL

13,668
Population
6,058
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
87%
High-School Grad
154.5 sq mi
ZIP Area
88
Density / Sq Mi
$68,438
Median Household Income
$38,670
Median Earnings
$835
Median Rent
$122,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Victorian triplex on a corner lot with hardwood and ceramic tile floors and roof replaced in 2010.
Where is this triplex located?
The property is located at 302 S Oak Street Pontiac, IL.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Three‑unit triplex with 2/2, 2/1, and 1/1 unit mix; 0.21‑acre corner lot with yard and deck; Roof replaced in 2010
More about this property
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