617 W Madison Street
Pontiac, IL 61764
- 4 beds
- 3 baths
- – sqft
- 5,588 sqft lot
- 1890 build
- – on site
This is an excellent income-producing duplex in a central location. This property features 2 spacious, 2 bedroom/1 full bath units with separate utilities, making it ideal for investors or owner-occupants. The main-level unit has been fully renovated with a brand-new kitchen, updated finishes, and new electrical throughout, and is currently occupied by tenant with a one year lease that expires 2/26. The upper-level unit has a long term tenant with a month/month lease. Located across from a park and just minutes from downtown, shopping, and grocery stores, this property offers convenience. Additional highlights include a large yard and off-street parking. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, 617 W Madison is a smart and turnkey opportunity.
Last checked:
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Last updated May 17, 2025
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MLS# 12364832 —
The Building
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Year Built:1890
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Rebuilt:No
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New Construction:false
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New Construction:No
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Construction Materials:Vinyl Siding
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Roof:Asphalt
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Basement:Unfinished, Full
Interior
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Rooms Total:11
Location
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Directions:From I-55, take Exit 197 for IL-116 toward Pontiac. Head east on IL-116 (Reynolds St) for about 2.5 miles, then turn left on Ladd St. After about half a mile, turn right onto Madison St. 617 W Madison St will be on your right.
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Location:94288
The Property
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Parcel Number:151522327010
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Property Type:Residential Income
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Location:A
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Lot Size Dimensions:50 X 111.75
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Zoning:MULTI
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (815) 844-9428
- Office phone:
- (815) 844-9442
Taxes
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Tax Year:2023
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Tax Annual Amount:2636
Beds
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Bedrooms Total:4
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Bedrooms Possible:4
Baths
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Baths:3
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Full Baths:2
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Half Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Electric
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School District:429
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Middle Or Junior School District:429
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High School:Pontiac High School
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High School District:90
Parking
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Parking Total:3
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Parking Features:On Site
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
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5/16/25
May 16, 2025
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Listed / Active | MRED | $155,000 | 110.9% (32.8% / YR) |
12/28/21
Dec 28, 2021
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MRED | $73,500 | -8.0% | |
11/29/21
Nov 29, 2021
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MRED | $79,900 |