Property profile

118 Howard St Pontiac, IL 61764

OFF-MARKET
Commercial real estate
Property ID
US28-4736832
0.01 ac lot
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 325-square-foot commercial property, located at 118 W Howard Street in the heart of Pontiac, Illinois, presents a unique investment opportunity. Previously a thriving barber shop and currently operating as an antique store, this building benefits from its prominent position in Pontiac's bustling business district. The high visibility afforded by its location on a busy thoroughfare, combined with the convenience of ample public parking directly across the street, ensures significant foot traffic and exposure. Its proximity to local museums, other shops, and the iconic Historic Route 66 further enhances its appeal to both locals and tourists. The building itself includes a functional bathroom and is equipped with gas heating, providing essential amenities for a variety of business uses. The property sits on a lot with zero acres. This historic building offers a rare chance to establish or relocate your business in a vibrant and well-established commercial area, capitalizing on the existing infrastructure and high tourist traffic. The asking price is $39,900. This presents a compelling opportunity for entrepreneurs seeking a well-situated, established space with significant potential for growth and return on investment. Don't miss this chance to own a piece of Pontiac's rich history and thriving commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.01 ac (332 SF)
APN 15-15-22-404-002
UPID US28-4736832

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Barber Shop

Location

118 Howard St Pontiac, IL 61764-1820
Pontiac metro Census 960600 PONTIAC, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$23,000
2 recorded transactions
2025
$23,000
2023
$18,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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