Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Reynolds St Pontiac, IL 61764

    Sponsored
    For Lease
    $2.00 SF/Yr

    Prime Pontiac Office, Retail & Restaurant Space

    Lot size:
    151,746 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Vermillion Plaza, a prominent Pontiac, IL commercial property, presents a unique investment opportunity. This expansive complex totals 151,746 square feet across two single-story buildings, situated on 19.4 acres of land. The property features 12 suites, with significant vacancy offering immediate potential for lease or purchase. Currently, 126,126 square feet are available, encompassing spaces ranging from 1,800 to 83,914 square feet, ideal for a variety of uses including traditional office, retail, and restaurant establishments. The property boasts ample parking with 250 spaces, ensuring convenient access for tenants and their clients. Built in 1976, Vermillion Plaza benefits from its location in Pontiac, a thriving business community near major employers such as Caterpillar, OSF St. James Medical Center, and Exact Packaging. Its strategic position along the historic Route 66 further enhances its visibility and accessibility. The property is available for both lease and sale, providing flexibility for prospective investors and tenants. This is an exceptional chance to establish or expand your business in a dynamic and well-connected location.

    Property Features for 0 Reynolds St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    151,746 SF
    Total Rate
    25291

    Building Details

    Year Built
    1976
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    Vacant - Suite 23
    Size
    4,195 SF
    Rate per SF
    $6
    Space
    Vacant - Suite 28
    Size
    7,748 SF
    Rate per SF
    $6
    Space
    Vacant - Suite 30
    Size
    11,556 SF
    Rate per SF
    $6
    Space
    Vacant - Suite 34 w/Loading Dock Access
    Size
    11,665 SF
    Rate per SF
    $6
    Space
    Vacant - Suite 40 (former Pizza Hut)
    Size
    1,800 SF
    Rate per SF
    $6
    Space
    Vacant - Suite 10
    Size
    2,700 SF
    Rate per SF
    $6
    Space
    14
    Size
    2,540 SF
    Rate per SF
    $6
    Space
    Vacant #1 - Former Kmart
    Size
    83,914 SF
    Rate per SF
    $2.00

    HighLights

    • 151,746 SF multi‑tenant office and retail building on 19.4 acres in Pontiac, IL.
    • 12 suites totaling 151,746 square feet, with 126,126 square feet currently vacant.
    • Two single‑story buildings built in 1976, offering 250 parking spaces.
    • 8 available retail spaces ranging from 1,800 to 83,914 square feet.
    • Property available for sale or lease; negotiable rates.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pontiac
    County
    Livingston
    State
    Illinois
    Longitude
    -88.64464143
    Latitude
    40.87108325

    Nearby Comparable

    • $22 SF/Yr
      2,030 SF

      Pontiac Retail Center Space Available

      High-traffic retail space near Walmart.
      1710 Reynolds St, Pontiac, IL 61764
      View Details
    • $22 SF/Yr
      6,336 SF

      Route 66 Restaurant Opportunity

      2,376 SF restaurant space with drive-thru on Route 66.
      510 W Cemetery Ave, Chenoa, IL 61726
      View Details
    • Contact for pricing

      Expansive Industrial Land for Lease

      365-acre industrial land, expandable, rail access, near Chicago.
      28000 E Livingston Rd, Dwight, IL 60420
      View Details
    • Contact for pricing
      3,342 SF

      Retail Space in Streator, IL

      Retail or office space with excellent parking in Streator.
      103 E Kent St, Streator, IL 61364
      View Details
    • Contact for pricing
      750,000 SF

      Dwight, IL Industrial Manufacturing Space

      750,000 SF Manufacturing Facility - Available Now
      801 Union St, Dwight, IL 60420
      View Details
    • Contact for pricing
      486,130 SF

      Dwight, IL Industrial Manufacturing Facility

      Massive industrial space, ideal for manufacturing.
      801 Union St, Dwight, IL 60420
      View Details
    • Contact for pricing
      4,044 SF

      Retail Space Anchored by Kroger

      Retail space for lease, anchored by Kroger, high-traffic location.
      2355-2379 N Bloomington St, Streator, IL 61364
      View Details
    • Contact for pricing
      3,485 SF

      Toluca Commercial Space For Rent

      Commercial space on E Santa Fe Avenue, Toluca, Illinois.
      204 E Santa Fe Ave, Toluca, IL 61369
      View Details
    • Contact for pricing
      1,883 SF

      Retail Space Near College Hills

      1,883 SF retail space with frontage on Veteran’s Parkway.
      313 Old Route 66, Normal, IL 61761
      View Details
    • $15 SF/Yr
      9,600 SF

      Bloomington Office Suite Available

      Modern Office Space, 3180 sq ft
      3901 General Electric Rd, Bloomington, IL 61704
      View Details
    • $14 SF/Yr
      7,398 SF

      Prime Medical Office Space in Normal, IL

      7,398 SF Medical Office Building, 2,471 SF Available
      328 Susan Dr, Normal, IL 61761
      View Details
    • $15 SF/Yr
      5,000 SF

      Normal Office Space For Rent

      925 SF office space in Normal, near Veterans Parkway.
      322 Susan Dr, Normal, IL 61761
      View Details

    Nearby Similar for Lease

    • $22 SF/Yr
      2,030 SF

      Pontiac Retail Center Space Available

      High-traffic retail space near Walmart.
      1710 Reynolds St, Pontiac, IL 61764
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Pontiac Office, Retail & Restaurant Space
    Where is this restaurant located?
    The property is located at Reynolds St Pontiac, IL.
    What is the lease rate?
    The lease rate is $2.00-$6 SF/Yr.
    What are key features of this property?
    This property features: 151,746 SF multi-tenant office and retail building on 19.4 acres in Pontiac, IL.; 12 suites totaling 151,746 square feet, with 126,126 square feet currently vacant.; Two single-story buildings built in 1976, offering 250 parking spaces.
    Request Owner's contact information
    Reynolds St Pontiac, IL 61764
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Reynolds St
    Pontiac, IL 61764
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Reynolds St Pontiac, IL 61764
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.