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!
Price change
Price cut: $4K (4/25)
$65,000
518 E Payson St, Pontiac, IL 61764
2beds
700sqft
Est.:
Single Family Residence
Built in 1940
6,534 Square Feet Lot
$-- Zestimate®
$93/sqft
$-- HOA
What's special
- 67 days
- on Zillow |
- 531 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 12:22pm
Listing courtesy of:
Kyle Delong 815-674-5939,
Kyle DeLong Properties
Source: MRED as distributed by MLS GRID,MLS#: 12292226
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9X11
Bedroom 2
- Level: Main
- Area: 99 Square Feet
- Dimensions: 9X11
Kitchen
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11X8
Laundry
- Level: Basement
- Area: 64 Square Feet
- Dimensions: 8X8
Living room
- Level: Main
- Area: 176 Square Feet
- Dimensions: 11X16
Heating
- Natural Gas
Cooling
- Central Air
Features
- Basement: Unfinished,Full
Interior area
- Total structure area: 0
- Total interior livable area: 700 sqft
Property
Parking
- Total spaces: 1
- Parking features: On Site, Garage Owned, Detached, Garage
- Garage spaces: 1
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
Lot
- Size: 6,534 Square Feet
- Dimensions: 50X126
Details
- Parcel number: 151523380007
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not Applicable
HOA
- Services included: None
Location
- Region: Pontiac
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $49,932
- Annual tax amount: $1,603
- Date on market: 2/17/2025
- Ownership: Fee Simple
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