K
Seller's Agent in 2025
Kyle Delong
DeLong Homes
(815) 674-5939
49 in this area
70 Total Sales
518 E Payson St Pontiac, IL 61764
Estimated Value: $63,847
2
Beds
1
Bath
700
Sq Ft
$91/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Living Room
- Central Air
- 1 Car Detached Garage
- Laundry Room
- Dining Room
About This Home
As of July 2025Don'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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,603
Year Built
- Built in 1940
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50x126
Parking
- 1 Car Detached Garage
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 700 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Schools
- Lincoln Elementary School
- Pontiac Junior High School
- Pontiac High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2020
Closed on
Oct 6, 2020
Sold by
Eidenmiller Scott and Eidenmiller Lisa Jane
Bought by
Arroyo Angel
Seller's Agent
Star Grieff
Star Grieff Realty
Buyer's Agent
Star Grieff
Star Grieff Realty
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,847
Avg. Annual Appreciation
11.35%
Original Mortgage
$31,500
Outstanding Balance
$3,575
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$60,272
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arroyo Angel | $35,000 | None Available |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arroyo Angel | $31,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2025 07/08/25 | Sold | $59,900 | 0.0% | $86 / Sq Ft | |
| 05/27/2025 05/27/25 | Pending | -- | -- | -- | |
| 05/18/2025 05/18/25 | Price Changed | $59,900 | 0.0% | $86 / Sq Ft | |
| 05/18/2025 05/18/25 | For Sale | $59,900 | -7.8% | $86 / Sq Ft | |
| 05/10/2025 05/10/25 | Pending | -- | -- | -- | |
| 04/25/2025 04/25/25 | Price Changed | $65,000 | -5.8% | $93 / Sq Ft | |
| 04/16/2025 04/16/25 | For Sale | $69,000 | +15.2% | $99 / Sq Ft | |
| 04/16/2025 04/16/25 | Off Market | $59,900 | -- | -- | |
| 03/19/2025 03/19/25 | Price Changed | $69,000 | -8.0% | $99 / Sq Ft | |
| 02/17/2025 02/17/25 | For Sale | $75,000 | +36.4% | $107 / Sq Ft | |
| 12/29/2023 12/29/23 | Sold | $55,000 | -8.2% | $70 / Sq Ft | View Prior Sale |
| 11/24/2023 11/24/23 | Pending | -- | -- | -- | |
| 11/21/2023 11/21/23 | For Sale | $59,900 | +71.1% | $76 / Sq Ft | |
| 10/08/2020 10/08/20 | Sold | $35,000 | -12.5% | $44 / Sq Ft | View Prior Sale |
| 04/21/2020 04/21/20 | Pending | -- | -- | -- | |
| 01/27/2020 01/27/20 | For Sale | $40,000 | -- | $51 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $1,645 | $17,792 | $2,573 | $15,219 |
| 2023 | $1,603 | $16,644 | $2,407 | $14,237 |
| 2022 | $1,534 | $15,250 | $2,407 | $12,843 |
| 2021 | $1,492 | $14,663 | $2,314 | $12,349 |
| 2020 | $1,478 | $14,222 | $2,244 | $11,978 |
| 2019 | $1,445 | $13,599 | $2,146 | $11,453 |
| 2018 | $1,871 | $17,735 | $2,168 | $15,567 |
| 2017 | $1,864 | $17,717 | $2,166 | $15,551 |
| 2016 | $1,872 | $17,932 | $2,192 | $15,740 |
| 2015 | $1,891 | $17,932 | $2,192 | $15,740 |
| 2013 | $1,955 | $19,499 | $2,349 | $17,150 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Delong
-
Jeanie Walls
Buyer's Agent in 2025
Jeanie Walls
Coldwell Banker Real Estate Group
(309) 846-0374
2 in this area
68 Total Sales
-
Star Grieff
Seller's Agent in 2023
Star Grieff
Star Grieff Realty
(815) 848-0015
154 in this area
309 Total Sales
-
D
Buyer's Agent in 2023
David Wayman
R.E. Dynamics
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12292226
APN: 15-15-23-380-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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