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103 North Division Stree 103 N Division St 16 Unit Apartment Building $439,900 ($27,494/Unit) 17.68% Cap Rate Pontiac, IL 61764

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Executive Summary

CASH COW!!!
2 quads and a 8 unit, total of 16 units. ONLY $27.5K PER UNIT!!! An hour and a half from Chicago O'Hare Airport! Clean neighborhood, block away from the river and park. TONS OF POTENTIAL!!! Units rent for $600 and $700 each. Will generate a 17.68%+ NET RETURN!!! $175K IN VALUE ADD!!! Beautiful community. Units comp for $50k+ per door.
Do not miss out, awesome opportunity.

Property Flyer 103 North Division Street, Pontiac, IL

Financial Summary (Pro Forma - 2026)	Annual	Annual Per SF
Gross Rental Income	$122,400	$73.03
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$122,400	$73.03
Taxes	$7,896	$4.71
Operating Expenses	$30,540	$18.22
Total Expenses	$38,436	$22.93
Net Operating Income	$83,964	$50.10

Financial Summary (Pro Forma - 2026)

Gross Rental Income
Annual	$122,400
Annual Per SF	$73.03

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$122,400
Annual Per SF	$73.03

Taxes
Annual	$7,896
Annual Per SF	$4.71

Operating Expenses
Annual	$30,540
Annual Per SF	$18.22

Total Expenses
Annual	$38,436
Annual Per SF	$22.93

Net Operating Income
Annual	$83,964
Annual Per SF	$50.10

Property Facts

Price	$439,900	Building Class	C
Price Per Unit	$27,494	Lot Size	0.13 AC
Sale Type	Investment	Building Size	9,136 SF
Cap Rate	17.68%	Average Occupancy	100%
No. Units	16	No. Stories	2
Property Type	Multifamily	Year Built	1916
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park Multifamily Dormitory	Parking Ratio	1.75/1,000 SF
Apartment Style	Low-Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R1 - Residential

Price	$439,900
Price Per Unit	$27,494
Sale Type	Investment
Cap Rate	17.68%
No. Units	16
Property Type	Multifamily
Property Subtype	Apartment Multifamily Manufactured Housing Mobile Home Park Multifamily Dormitory
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.13 AC
Building Size	9,136 SF
Average Occupancy	100%
No. Stories	2
Year Built	1916
Parking Ratio	1.75/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R1 - Residential

Unit Mix Information

Description	No. Units	Avg. Rent/Mo	SF
1+1	10	$600.00	-
2+1	6	$700.00	-

Links

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Fairly walkable

50/100

Moderately drivable

70/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Number	15-15-22-336-010	Total Assessment	$25,522 (2025)
Land Assessment	$4,383 (2025)	Annual Taxes	$7,896 ($0.86/SF)
Improvements Assessment	$21,139 (2025)	Tax Year	2026

Property Taxes

Parcel Number

15-15-22-336-010

Land Assessment

$4,383 (2025)

Improvements Assessment

$21,139 (2025)

Total Assessment

$25,522 (2025)

Annual Taxes

$7,896 ($0.86/SF)

Tax Year

2026

(754) 251-0201

Contact

Eli Ahmadov
LOYD Realty

Listing ID: 41420953
Date on Market: 7/24/2026
Last Updated:
Address: 103 N Division St, Pontiac, IL 61764

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103 North Division Stree | 103 N Division St

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