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    1 home available
    Price Reduced $10,000
    518 E Payson Street, Pontiac, IL 61764
    $65,000
    2beds
    1bath
    700sqft
    0.15acres
    House for Sale

    518 E Payson Street, Pontiac, IL 61764

    Listing by: Kyle DeLong Properties
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    The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware that they may be recorded during a showing.
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    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    518 E Payson Street, Pontiac, IL 61764
    Price Reduced $10,000
    $65,000 $10,000 
    2beds
    1full,half bath
    700sqft
    0.15acres

    518 E Payson Street, Pontiac, IL 61764

    House for Sale by Kyle DelongKyle DeLong Properties.

    Data checked 3 mins ago. Listing last updated 7 days ago.
    1. Overview
    2. Details
    3. More 

    Don't miss out on this well-maintained, income-generating property located at 518 E. Payson St. in Pontiac, IL. Built in 1940, this home offers a fantastic investment opportunity with current tenants in place, generating top-market rental income. An investor can step right into a cash-flowing rental today! The property features a full basement, central AC, and a garage, offering extra space and convenience. Schedule a showing today to see the potential this property has to offer!

    Details
      Property type
    Residential
      Year built
    1940
      Heating
    Natural Gas
      Cooling
    Central Air
      Total rooms
    4
      Garage
    Yes (1 space)
      Parking spots
    1
    MRD12292226
    MLS ID
    Active
    Status
    02-17-2025
    On market date
      Laundry features
      Fireplace
    No
      Pets allowed
      Architectural Style
    Ranch
    Interior features
    Exterior features
    Lot features
    Appliances included
    Construction materials
    Wood Siding
    Monthly taxes
    $134
    Yearly taxes
    $1,603
    Community Features
    -
    School district
    Pontiac C C School Dist 429, Pontiac Twp H S Dist 90
    Schools
    Lincoln Elementary School, Pontiac Junior High School, Pontiac High School
    Senior community
    No
    HOA
    -
    HOA Amentities
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Kyle Delong
    Kyle Delong
    REALTOR® Salesperson, Kyle DeLong Properties
     
     
    Building Info
    Address
    518 E Payson Street, Pontiac, IL 61764
    Year Built
    1940
    Number of Floors
    1
    Frontage
    50 ft
    Depth
    126 ft
    Schools
    Elementary Schools
    Washington Elementary School
    400 N Morrow St, Pontiac, IL 61764
    School Rating
    D+
    Grades
    4-5
    Students
    228
    Teachers
    Student to Teacher Ratio
    228:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Central Elementary School
    117 W Livingston St, Pontiac, IL 61764
    Grades
    PK-1
    Students
    337
    Teachers
    Student to Teacher Ratio
    337:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Lincoln Elementary School
    514 S Main St, Pontiac, IL 61764
    School Rating
    D+
    Grades
    2-3
    Students
    215
    Teachers
    Student to Teacher Ratio
    215:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Middle Schools
    Pontiac Jr High School
    600 N Morrow St, Pontiac, IL 61764
    School Rating
    D+
    Grades
    6-8
    Students
    385
    Teachers
    Student to Teacher Ratio
    385:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    High Schools
    Pontiac High School
    1100 E Indiana Ave, Pontiac, IL 61764
    School Rating
    C
    Grades
    9-12
    Students
    693
    Teachers
    Student to Teacher Ratio
    693:1
    Advanced Placement
    No
    Magnet School
    No
    Charter School
    No
    Schools and Demographic data where available is provided by Cherre Inc. It is drawn from publicly available data that is deemed to be accurate but not guaranteed. Buyer is responsible to verify all data presented.
    Demographics for 61764
    Population
    13,483
    Median age
    39.1
    Avg. household size
    2.2
    Avg. household income
    $89,417
    Households with children
    46.5%
    Households without children
    53.5%
    Employment
    Unemployment Rate
    6.1%
    Blue Collar
    46.2%
    White Collar
    47.7%
    Education
    Less than 9th grade
    2.5%
    Some high school
    7.9%
    High school graduate
    41.0%
    Some college
    24.1%
    Associate's degree
    6.2%
    Bachelor's degree
    11.0%
    Graduate degree
    7.2%
    Schools and Demographic data where available is provided by Cherre Inc. It is drawn from publicly available data that is deemed to be accurate but not guaranteed. Buyer is responsible to verify all data presented.
    Location
    Head East on Water Street, turn South on Bradford Street, then East on Payson Street. House is on the South side of the street.
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    518 E Payson Street, Pontiac, IL 61764, is a 2 bedroom, 1 bathroom, 700 sqft. built in 1940. This property is currently available for sale and was listed on MIRA on 2-17-2025. The MLS# for this is MLS# MRD12292226.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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