307 E Howard Street
Pontiac, Illinois 61764

Closed / MLS #11832827 / Multiple Unit (2-4) / Pontiac
Listing information updated 8/6/2024 at 3:43pm
4 unit investment property with value add potential. Downstairs you'll find a vacant studio with a large kitchen & dining space, and a bathroom ready for updates. Across the hall is a 1 bedroom unit with roughed in plumbing for a kitchen & bathroom. Upstairs is a 1 bedroom that's rented for $550/month until August 2024 and another studio that's rented MTM for $500. Utilities not separated, owner pays all. Avg. utilities cost with building half rented is approx. $415/month. Finish the downstairs one bedroom and rent it and the vacant studio to increase the income on this property. Lower rents and unfinished attic space provide further value add opportunity.

Listing Office: Sancken Sole Realty

Listing Office Phone: 815.844.4104

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