Mixed-Use Retail and Apartment
For Sale
$200,900
203 W Madison Street, Pontiac, IL 61764
Two leased storefronts on the main level plus a 2-bedroom, 2-bath apartment upstairs.
Property Size4,320 SF
Price / SF$50.23
Days on Market162
Property Features for 203 W Madison Street
General Information
Standard status
Active
Size
4,320 SF
Property subtype
Commercial
Zoning
COMMR
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,633
Building Details
Building Size
4,320 SF
Year Built
1906
Stories
2
Units
3
Listing Agency:
Eppel Realty
(815) 844-9442
Listed By:
Mark Raube
(815) 844-9442
Source:
Perillorealestategroup
Added: Mar 18
Changed: Aug 23
Last Checked: Aug 25 at 8:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Eppel Realty
Investment Insights
Based on property information with market context.
This mixed-use commercial building includes two storefront spaces on the main level, each approximately 1,000 square feet. One storefront is currently occupied, and the second is scheduled to be occupied; both units are described as fully leased as of April 1.
Upstairs, the property features a spacious apartment of approximately 2,000 square feet with 2 bedrooms and 2 bathrooms.
Located at 203 W Madison St in Pontiac, the building combines ground-floor retail income with residential space above, offering a straightforward live-and-lease configuration for an owner or investor.
Upstairs, the property features a spacious apartment of approximately 2,000 square feet with 2 bedrooms and 2 bathrooms.
Located at 203 W Madison St in Pontiac, the building combines ground-floor retail income with residential space above, offering a straightforward live-and-lease configuration for an owner or investor.
Key Highlights
- Mixed‑use commercial building with two leased main‑level storefronts, both fully leased as of April 1
- Main level includes two storefronts of approximately 1,000 SF each
- Upstairs apartment offers approximately 2,000 SF with 2 bedrooms and 2 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
704
Businesses Nearby
Explore this area
Business Placement
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two leased storefronts on the main level plus a 2-bedroom, 2-bath apartment upstairs.
Where is this mixed-use property located?
The property is located at 203 W Madison Street Pontiac, IL.
What is the asking price?
The asking price for this property is $200,900.
What are key features of this property?
This property features: Mixed‑use commercial building with two leased main‑level storefronts, both fully leased as of April 1; Main level includes two storefronts of approximately 1,000 SF each; Upstairs apartment offers approximately 2,000 SF with 2 bedrooms and 2 bathrooms
