506 W Reynolds Street, Pontiac, IL 61764

Pontiac
Local realty services provided by:Better Homes and Gardens Real Estate Connections
506 W Reynolds Street,Pontiac, IL 61764
$120,000
  • 2 Beds
  • 1 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: julie moore
Office: re/max rising
MLS#:12740326
Source:MLSNI

Price summary

  • Price:$120,000

About this home

This multi-family investment property sits on a large corner lot and offers exceptional opportunity. The downstairs unit is currently rented at $1,200/month plus all utilities and features two bedrooms, two living rooms, a kitchen, and a covered back patio. The upstairs has been fully gutted and is ready for renovation, allowing the next owner to add value. Two garages have been built: a 24x24 garage with a standard two-car door and a 26x36 garage with a 10-foot two-car door. The property also includes solar panels that runs all three buildings and will be turned on soon. They are leased at $70/month for 25 years. City approval is in place to tear down the structure and build a duplex, offering even more potential. A prime opportunity awaits!

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Home facts

  • Year built:1903
  • Subdivision & Development:Not Applicable
  • Listing ID #:12740326
  • Updated:September 20, 2026 at 11:29 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1903
  • Lot area:0.32 Acres
  • Lot Features:Corner Lot
  • Architectural Style:Traditional

Schools

  • High school:Pontiac High School
  • Middle school:Pontiac Junior High School
  • Elementary school:Attendance Centers

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$120,000
  • Tax amount:$2,959 (2025)

Parking

  • Total parking spaces:10
  • Parking description:Detached Garage, Driveway, Garage, Off Street
  • Garage:Yes
  • Garage spaces:6
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