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506 W Reynolds Street, 
Pontiac, IL 61764

$120,000

2

Beds

1

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Julie Moore

RE/MAX Rising

Last updated:

September 13, 2026, 11:08 AM

MLS#

12740326

Source:

MLSNI

About This Home

506 W Reynolds Street

This multi-family investment property sits on a large corner lot and offers exceptional opportunity. The downstairs unit is currently rented at $1,200/month plus all utilities and features two bedrooms, two living rooms, a kitchen, and a covered back patio. The upstairs has been fully gutted and is ready for renovation, allowing the next owner to add value. Two garages have been built: a 24x24 garage with a standard two-car door and a 26x36 garage with a 10-foot two-car door. The property also includes solar panels that runs all three buildings and will be turned on soon. They are leased at $70/month for 25 years. City approval is in place to tear down the structure and build a duplex, offering even more potential. A prime opportunity awaits!

Home Facts

Multi-Family

1 Bath

2 Bedrooms

Built in 1903

Subdivision & Development:

Not Applicable

Price Summary

120,000

MLS #:

12740326

Last Updated:

September 13, 2026, 11:08 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Structure

Structure

Architectural Style:

Traditional

Year Built:

1903

Lot

Lot Size (Sq. Ft):

13,939

Finances & Disclosures

Finances

Price:

$120,000

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.