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117 W Madison St 1,248 SF Retail Building Pontiac, IL 61764 $1,251,104 CAD ($1,002.49 CAD/SF) 1.33% Cap Rate
Executive Summary
Prime opportunity to own a currently rented, well-maintained commercial storefront in the heart of downtown Pontiac. With great visibility this building offers approximately 1,248 square feet and provides a versatile layout ideal for retail, office, or service-based businesses. Major updates completed in 2020 provide peace of mind, including a newly sealed roof, updated electrical, plumbing, HVAC, and water heater. This is an excellent opportunity for an owner-user or investor looking to be part of a vibrant downtown district.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$16,683
|
$13.37
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$16,683
|
$13.37
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $16,683 |
| Annual Per SF | $13.37 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $16,683 |
| Annual Per SF | $13.37 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
1,248 SF
Building Class
B
Year Built/Renovated
1895/2020
Price
$1,251,104 CAD
Price Per SF
$1,002.49 CAD
Cap Rate
1.33%
NOI
$16,683 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.92
Lot Size
0.03 AC
Frontage
22’ on West Madison Street
Moderately walkable
70/100
Moderately drivable
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 15-15-22-404-013 | Improvements Assessment | $21,493 CAD (2024) |
| Land Assessment | $6,028 CAD (2024) | Total Assessment | $27,522 CAD (2024) |
Property Taxes
Parcel Number
15-15-22-404-013
Land Assessment
$6,028 CAD (2024)
Improvements Assessment
$21,493 CAD (2024)
Total Assessment
$27,522 CAD (2024)
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Presented by
Eppel Realty
117 W Madison St
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