221 S Mill Street, Pontiac, IL
  • $229,000

Description

Excellent Investment Opportunity – 6-Unit Multifamily Property Don’t miss this strong cash-flowing investment property featuring 6 total units, including 3 one-bedroom apartments and 3 studio apartments. This well-maintained building offers an attractive opportunity for both new and experienced investors looking to start or expand their rental portfolio. Recent improvements include refreshed common hallways, a new furnace (2021), new water heater (2022), as well as vinyl siding and replacement windows. Tenants enjoy the convenience of an on-site laundry room with coin-operated machines, providing an additional income stream for ownership. Units 1, 3, 4, and 6 have been recently updated, and the photos reflect their condition prior to being re-leased. Units 2 and 5 have been occupied by long-term tenants for more than four years and were refreshed before their current occupancy. Featuring efficient, easy-to-rent floor plans and solid rental history, this property is a great addition to any investment portfolio. Whether you’re looking for your first multifamily investment or your next income-producing asset, this opportunity deserves a closer look.

  • Listing Courtesy of: Judy Powell Realty

Details

Updated on June 28, 2026 at 12:58 am
  • Property ID MRD12669430
  • Price $229,000
  • Year Built 1871
  • Property Type Multi Family
  • Property Status Active
  • Parcel Number 151522451019
  • Water Source Municipal Water
  • MLS Status Active
  • Days On Market 20
  • Cumulative Days On Market 7
  • Tax Annual Amount 3195
  • Cooling Window Unit(s)
  • Directions Mill Street South of downtown, across the river 1st house on the right.
  • StoriesTotal 2
  • Address 221 S Mill Street
  • City Pontiac
  • State/county IL
  • Zip/Postal Code 61764
  • Country United States

Overview

Property ID: MRD12669430
  • Multi Family
  • Property Type
  • 1871
  • Year Built

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