506 W Reynolds Street, Pontiac, IL 61764

Pontiac
Local realty services provided by:ERA Naper Realty
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!

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1903
  • Subdivision & Development:Not Applicable
  • Listing ID #:12740326
  • Updated:October 28, 2026 at 12:01 PM

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
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.

New listings near 506 W Reynolds Street