518 E Payson Street
Pontiac, IL 61764
- 2 beds
- 1 bath
- 700 sqft
- 6,534 sqft lot
- $107 per sqft
- 1940 build
- – on site
Don't miss out on this well-maintained, income-generating property located at 518 E. Payson St. in Pontiac, IL. Built in 1940, this home offers a fantastic investment opportunity with current tenants in place, generating top-market rental income. An investor can step right into a cash-flowing rental today! The property features a full basement, central AC, and a garage, offering extra space and convenience. Schedule a showing today to see the potential this property has to offer!
Last checked:
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Last updated Feb 19, 2025
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MLS# 12292226 —
The Building
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Year Built:1940
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Rebuilt:No
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New Construction:false
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Architectural Style:Ranch
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Roof:Asphalt
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Basement:Full
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Foundation Details:Block
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Disability Access:No
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Living Area Source:Assessor
Interior
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Room Type:No additional rooms
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Rooms Total:4
Room Dimensions
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Living Area:700
Location
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Directions:Head East on Water Street, turn South on Bradford Street, then East on Payson Street. House is on the South side of the street.
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Location:98062
The Property
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Parcel Number:151523380007
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Property Type:Residential
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Location:O
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Lot Size Dimensions:50X126
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Lot Size Acres:0.15
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Zero Lot Line:No
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Rural:N
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (815) 674-5939
- Office phone:
- (815) 674-5939
Taxes
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Tax Year:2023
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Tax Annual Amount:1603
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Lincoln Elementary School
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Elementary School District:429
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Middle Or Junior School:Pontiac Junior High School
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Middle Or Junior School District:429
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High School:Pontiac High School
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High School District:90
The Community
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Subdivision Name:Not Applicable
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:1
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Garage Type:Detached
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Garage Spaces:1
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Garage Onsite:Yes
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Garage Ownership:Owned
Monthly cost estimate
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Asking price
$75,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$401
|
Taxes | $133 |
Insurance | $20 |
Utilities | $129 See report |
Total | $683/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
2/17/25
Feb 17, 2025
|
Listed / Active | MRED | $75,000 | 36.4% (31.9% / YR) |
12/29/23
Dec 29, 2023
|
MRED | $55,000 | -8.2% | |
12/13/23
Dec 13, 2023
|
MRED | $59,900 |