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    Rittenhouse Dr Pontiac, IL 61764

    Sponsored
    For Sale
    $150,000

    High-traffic location, excellent visibility. $150,000 asking price.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15-15-28-101-019 parcel of commercial land, located at 7101 Rittenhouse Drive in Pontiac, Illinois (zip code 61764), presents a unique investment opportunity. Priced at $150,000, this property boasts a highly desirable location, situated adjacent to and in line with an Aldi grocery store. The surrounding area is anchored by a strong mix of national retailers, including Walmart, Taco Bell, Dollar Tree, AT&T, and Arby's, ensuring high visibility and consistent foot traffic. The B-3 zoning designation offers flexibility for a variety of commercial uses. This prime location in Livingston County provides excellent access and exposure for any business seeking a thriving commercial environment. The property's coordinates are 40.871321 latitude and -88.6571681 longitude. This is an exceptional opportunity to acquire a strategically located commercial lot in a bustling retail corridor. Serious inquiries are encouraged.

    Property Features for 0 Rittenhouse Dr

    General Information

    Property type
    Land

    HighLights

    • 150,000 commercial lot in Pontiac, IL (61764) at 7101 Rittenhouse Drive.
    • Located adjacent to Aldi, with nearby Walmart, Taco Bell, Dollar Tree, AT&T, and Arby's.
    • B‑3 zoning allows for diverse commercial uses.
    • Excellent visibility and high foot traffic in a thriving retail corridor.
    • Coordinates: 40.871321 latitude, -88.6571681 longitude.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pontiac
    County
    Livingston
    State
    Illinois
    Longitude
    -88.6571681
    Latitude
    40.871321

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - High-traffic location, excellent visibility. $150,000 asking price.
    Where is this land located?
    The property is located at Rittenhouse Dr Pontiac, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 150,000 commercial lot in Pontiac, IL (61764) at 7101 Rittenhouse Drive.; Located adjacent to Aldi, with nearby Walmart, Taco Bell, Dollar Tree, AT&T, and Arby's.; B-3 zoning allows for diverse commercial uses.
    Request Owner's contact information
    Rittenhouse Dr 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
    Rittenhouse Dr Pontiac, IL 61764
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