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    7101 Rittenhouse Dr Pontiac, IL 61764

    Sponsored
    For Sale
    $150,000

    1.54 Acres, B-3 Zoning, $150K

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.54-acre commercial land parcel presents a unique investment opportunity in Pontiac, Illinois. Located at 7101 Rittenhouse Drive, this property boasts a highly desirable B-3 zoning classification, opening doors to a wide range of commercial development possibilities. The strategic location offers unparalleled visibility and accessibility, situated adjacent to an Aldi store and in close proximity to a cluster of established national retailers. Neighboring businesses include Walmart, Taco Bell, Dollar Tree, AT&T, and Arby's, ensuring high traffic volume and a strong commercial presence in the immediate area. The property's APN is 15-15-28-101-019. This prime location, combined with the favorable zoning and the established commercial environment, makes this land parcel an attractive investment for developers and entrepreneurs seeking a high-impact location in a thriving retail corridor. The asking price for this exceptional property is $150,000. Don't miss this chance to acquire a piece of Pontiac's vibrant commercial landscape. The property is situated in Livingston County, Illinois, with a zip code of 61764. Coordinates are 40.871321 latitude and -88.6571681 longitude.

    Property Features for 7101 Rittenhouse Dr

    General Information

    Property type
    Land
    Lot Size
    67,082 SF

    HighLights

    • $150,000 asking price for 1.54 acres of commercial land.
    • Adjacent to an Aldi store with excellent visibility.
    • Strong surrounding tenant mix including Walmart, Taco Bell, Dollar Tree, AT&T, and Arby's.
    • B‑3 zoning.
    • APN: 15‑15‑28‑101‑019.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply Hair Salon Clothing Store Garden Center Carpet & Flooring Store Senior Center Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Pontiac
    County
    Livingston
    State
    Illinois
    Longitude
    -88.6571681
    Latitude
    40.871321

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    FAQs

    What type of property is this?
    Land - 1.54 Acres, B-3 Zoning, $150K
    Where is this land located?
    The property is located at 7101 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 asking price for 1.54 acres of commercial land.; Adjacent to an Aldi store with excellent visibility.; Strong surrounding tenant mix including Walmart, Taco Bell, Dollar Tree, AT&T, and Arby's.
    Request Owner's contact information
    7101 Rittenhouse Dr 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
    7101 Rittenhouse Dr Pontiac, IL 61764
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