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    118 Howard St Pontiac, IL 61764

    Sponsored
    For Sale
    $39,900

    Historic building, prime location, high visibility.

    Property size:
    325 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 325-square-foot commercial property, located at 118 W Howard Street in the heart of Pontiac, Illinois, presents a unique investment opportunity. Previously a thriving barber shop and currently operating as an antique store, this building benefits from its prominent position in Pontiac's bustling business district. The high visibility afforded by its location on a busy thoroughfare, combined with the convenience of ample public parking directly across the street, ensures significant foot traffic and exposure. Its proximity to local museums, other shops, and the iconic Historic Route 66 further enhances its appeal to both locals and tourists. The building itself includes a functional bathroom and is equipped with gas heating, providing essential amenities for a variety of business uses. The property sits on a lot with zero acres. This historic building offers a rare chance to establish or relocate your business in a vibrant and well-established commercial area, capitalizing on the existing infrastructure and high tourist traffic. The asking price is $39,900. This presents a compelling opportunity for entrepreneurs seeking a well-situated, established space with significant potential for growth and return on investment. Don't miss this chance to own a piece of Pontiac's rich history and thriving commercial landscape.

    Property Features for 118 Howard St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    325 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    John's Barber Shop Barber Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pontiac
    County
    Livingston
    State
    Illinois
    Longitude
    -88.62922
    Latitude
    40.88087

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    FAQs

    What type of property is this?
    Commercial real estate - Historic building, prime location, high visibility.
    Where is this commercial real estate located?
    The property is located at 118 Howard St Pontiac, IL.
    What is the asking price?
    The asking price for this property is $39,900.
    (815) 702-7827
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    118 Howard St Pontiac, IL 61764
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    118 Howard St Pontiac, IL 61764
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