118 Howard StPontiac, IL 61764

  • Commercial real estate
  • 0.01 AC
For Sale
$39,900 View listing

Property Details for 118 Howard St

Lot size
0.01 AC
Property type
Commercial real estate
APN
15-15-22-404-002
APU
151522404002

Description

This exceptional 325-square-foot commercial property, located at 118 W Howard Street in the heart of Pontiac, Illinois, presents a unique investment opportunity. Previously a thriving barber shop and currently operating as an antique store, this building benefits from its prominent position in Pontiac's bustling business district. The high visibility afforded by its location on a busy thoroughfare, combined with the convenience of ample public parking directly across the street, ensures significant foot traffic and exposure. Its proximity to local museums, other shops, and the iconic Historic Route 66 further enhances its appeal to both locals and tourists. The building itself includes a functional bathroom and is equipped with gas heating, providing essential amenities for a variety of business uses. The property sits on a lot with zero acres. This historic building offers a rare chance to establish or relocate your business in a vibrant and well-established commercial area, capitalizing on the existing infrastructure and high tourist traffic. The asking price is $39,900. This presents a compelling opportunity for entrepreneurs seeking a well-situated, established space with significant potential for growth and return on investment. Don't miss this chance to own a piece of Pontiac's rich history and thriving commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $68,616
    Hospitality
    $62,852
    Educational
    $52,292
    Medical
    $54,090
    Retail
    $81,343
118 Howard St, Pontiac, Illinois

Location Insight

City
Pontiac
County
Livingston
State
Illinois
Latitude
40.881
Longitude
-88.6294
CBSA code
38700
CBSA name
PONTIAC, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$316
$758
$2,522
$3,280
-
$2,274
$7,566
$9,840

FAQs

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