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.
Property Details
Price:
$219,000
MLS #:
MRD12669430
Status:
Active Under Contract
Beds:
3
Baths:
5
Type:
Commercial
Neighborhood:
pontiac
Listed Date:
Jun 8, 2026
Year Built:
1871
See this Listing
Schools
Interior
Cooling
Window Unit(s)
Exterior
Construction Materials
Vinyl Siding
Roof
Composition
Stories
2
Financial
Maintenance Fee
$1,200
Tax Year
2025
Taxes
$3,195
Map
Community
- Address221 S Mill Street Pontiac IL
- CityPontiac
- CountyLivingston
- Zip Code61764
Market Summary
Current real estate data for Commercial in Pontiac as of Oct 06, 2026
10
Commercial Listed
471
Avg DOM
$276,760
Avg List Price
Property Summary
- 221 S Mill Street Pontiac IL is a Commercial for sale in Pontiac, IL, 61764. It is listed for $219,000
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Copyright 2026. All rights reserved.
221 S Mill Street
Pontiac, IL


