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    811 Cleary St Pontiac, IL 61764

    Sponsored
    For Sale
    $249,900

    Spacious Office Space, ADA Compliant

    Property size:
    4,680 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 4,680 square foot office building in Pontiac, IL, presents a lucrative investment opportunity. The property, encompassing two addresses (809 and 811 W Cleary Street), boasts complete ADA compliance, opening doors to a wide range of potential uses. One side features 13 individual offices and four restrooms, including two handicapped-accessible restrooms. The other side includes one handicapped-accessible restroom. Currently, one side enjoys a five-year lease (expiring in 2024) with Manpower, generating $100,000 in annual revenue. The remaining space at 811 W Cleary Street is available for lease at $2,000 per month, plus a $2,000 security deposit. The building is exceptionally well-maintained, featuring a new roof installed in 2021. All utilities are separately metered for each side and paid by the lessee. Ample parking is available. The seller retains ownership of the property line fence, and a survey is available upon request for serious buyers. A copy of the existing lease agreement is also available for review by qualified prospective purchasers. This property offers a blend of stable income and significant leasing potential, making it an attractive proposition for discerning investors.

    Property Features for 811 Cleary St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    4,680 SF

    Building Details

    Year Built
    1995
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    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
    -88.63861
    Latitude
    40.88476

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious Office Space, ADA Compliant
    Where is this office property / space located?
    The property is located at 811 Cleary St Pontiac, IL.
    What is the asking price?
    The asking price for this property is $249,900.
    (815) 998-1000
    Request Owner's contact information
    811 Cleary St Pontiac, IL 61764
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    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
    811 Cleary St Pontiac, IL 61764
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