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Price cut: $19,000
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Mixed Use · Pontiac, IL
$200,900$219,900
beds · baths
203 W Madison Street, Pontiac, IL, 61764
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Central air
Prime investment opportunity in the heart of downtown Pontiac! This mixed-use commercial building offers the perfect blend of steady income and long-term potential. The main level features two storefronts, each approximately 1,000 square feet. One is currently home to a boutique, while the second will be occupied soon, providing immediate rental income. Upstairs, you'll find a spacious 2,000 square foot apartment with 2 bedrooms and 2 bathrooms. With its generous layout and prime downtown location, the residential unit adds even more value and income potential to this already strong investment. Whether you're looking to expand your portfolio or step into a turnkey property with established tenants, this building is a rare find in a vibrant downtown district.
— the listing agent’s description

The home

Built in 1906
Lot 40 X 60.87
Mixed Use

What it’ll cost

$5,634 taxes / yr
No HOA
Listed $219,900
Now $200,900
77 days on dwello

Estimated monthly payment

$1,596/mo
Principal & interest$1,068
Property taxes$469
Homeowners insurance$59
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Tour this home

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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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77 days on dwello
Price history
Price reduced
Jun 2, 2026
↓ $19,000$200,900
Listed for sale
Mar 19, 2026
$219,900
Now $19,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$5,634/yr
From county records — verify with the assessor.

Features

Central AirWindow Unit(s)BrickGlass
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Mark Raube · Eppel Realty
Listing last updated Jun 2, 2026 · data refreshed from the MLS Jun 17, 2026, 6:22 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:22 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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