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    OFF-MARKET
    Commercial real estate

    118 Howard St, Pontiac, IL 61764-1820

    0.01 ac lot
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US28-4736832
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • John's Barber Shop Barber Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Robert Jameson · 1 yrs held
    Robert Jameson
    since 2025
    Last sale
    $23,000
    2 recorded transactions
    2025
    $23,000
    2023
    $18,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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