USAILPontiacNot Applicable506 W Reynolds St
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$120,000

For Sale

2 months ago

506 W Reynolds St, Pontiac, IL

House

MLS® 12740326

2 Bed

1 Bath

--

10 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage Yes
Taxes $2,959
Days Active 45
Lot Size 0.32 Acres
Approx. Age 1903
MLS® Number 12740326

Property Address: 506 W Reynolds St, Pontiac, IL, 61764-3802

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number12740326
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1903
BasementUnfinished, Full
DrivewayGarage Door Opener, Garage, Yes, Garage Owned, Detached, Off Street, Driveway, Owned
Garage Spaces
HeatNatural Gas
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 24, 2026List Date
$120,000List Price

Home Appraisal

This property is estimated to sell between: $120,000 and $179,000.
Similar properties in this area sold on average for: $158,907
Expected to sell very soon! Similar properties sold in 38 days. This home has been on eXp Realty for 45 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
506 W Reynolds St, Pontiac, IL

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