$104,900
$5K PRICE DROP

516 E Payson St Pontiac, IL 61764

Pontiac Area

Estimated payment $699/month

Total Views 5,083
3 Beds
1 Bath
1,080 Sq Ft
$97 Price per Sq Ft

Highlights

  • 1 Car Detached Garage
  • Laundry Room
  • Central Air
  • Living Room
  • 1-Story Property
  • Dining Room

About This Home

Welcome home to this awesome three-bedroom house located on a quaint street in Pontiac. This home offers tons of potential and is ready for the next owner's finishing touches. Features include a large living room, spacious kitchen, an unfinished full basement and a one car detached garage. Property needs some TLC but this home is rich in sweat equity and could make a great owner-occupied primary residence or investment opportunity.

Listing Agent

Keith Hatzfeld

Homeriver Illinois LLC License #471022814 Listed on: 08/22/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,473

Year Built

  • Built in 1949

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120

Parking

  • 1 Car Detached Garage
  • Parking Available
  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Location

  • Flood Zone Lot

Schools

  • Pontiac High Elementary School
  • Pontiac Junior High School
  • Pontiac High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,473

Year Built

Built in 1949

Lot Details

6,098 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1949
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Flood Zone
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Price Change
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1080
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1080
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2160

Exterior Features

  • Construction Materials: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete, Gravel, Yes, Detached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Pontiac High School
  • High School: Pontiac High School
  • Middle/Junior School: Pontiac Junior High School

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 50 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1473
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,659 $24,933 $2,926 $22,007
2024 $1,473 $21,928 $2,573 $19,355
2023 $1,398 $20,513 $2,407 $18,106
2022 $1,314 $19,067 $2,407 $16,660
2021 $1,255 $18,333 $2,314 $16,019
2020 $1,225 $17,781 $2,244 $15,537
2019 $1,169 $17,003 $2,146 $14,857
2018 $1,750 $22,587 $2,168 $20,419
2017 $1,743 $22,565 $2,166 $20,399
2016 $1,758 $22,839 $2,192 $20,647
2015 $1,776 $22,839 $2,192 $20,647
2013 $1,881 $24,761 $2,349 $22,412
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/01/2026 09/01/26 Price Changed $104,900 -4.5% $97 / Sq Ft
08/22/2026 08/22/26 For Sale $109,900 -- $102 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12740273

Midwest Real Estate Data (MRED)

APN: 15-15-23-380-006

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