516 E  Payson St, Pontiac, IL 61764
Property image
Property image
FOR SALE
NEW - 2 HRS AGO

516 E Payson St
Pontiac, IL 61764

  • 3 Beds
  • 1 Bath
  • 1,080 sqft

$109,900

Est. Mortgage $835/mo*

$109,900

Est. Mortgage $835/mo*
3 Beds
1 Bath
1,080 sqft

Home Highlights

Parking
Garage
Climate Control
Heating & Cooling
HOA
None
Price/Sqft
$102
Listed
Less than a day ago

Local Information

  • Map ViewExplore the area around 516 E Payson St.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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. The tenant is in the process of moving out and will be vacated before the closing date. Property needs some TLC but this home is rich in sweat equity and could make a great owner-occupied primary residence or investment opportunity.

Home Details for 516 E Payson St

Active Status

MLS Status: New

Interior Features

Interior Details
Basement: Unfinished,FullNumber of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1080 Square Feet
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1Accessibility: No Disability Access
View
No View

Exterior Features

Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageNo Attached GarageParking Spaces: 1Parking: Concrete,Gravel,Yes,Detached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNot a New Construction
Property Information
Parcel Number: 151523380006

Price & Status

Price
List Price: $109,900Price Per Sqft: $102
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Pontiac
School Information
Elementary School: Pontiac High SchoolElementary School District: 429Jr High / Middle School: Pontiac Junior High SchoolJr High / Middle School District: 429High School: Pontiac High SchoolHigh School District: 90

Agent Information

Listing Agent
Listing ID: 12692219

Building

Building Area
Building Area: 2160 Square Feet

HOA

HOA Fee Includes: NoneHOA Fee: No HOA Fee

Lot Information

Lot Area: 6098.4 sqft

Listing Info

Special Conditions: None

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12692219

Additional Information

Source Internet Consumer CommentSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD AVM On IDX Display: YesMRD Address On VOW Display: YesSource Internet Automated Valuation DisplayMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: YesMRD Remarks On VOW Display: Yes
Last check for updates: about 3 hours ago
Listing courtesy of: Keith Hatzfeld, (630) 324-4267
Homeriver Illinois LLC
Source: MRED as distributed by MLS GRID, MLS#12692219

Market trends in Pontiac

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
25
4
MoM

Price History for 516 E Payson St

DatePriceEventSource
07/24/2026$109,900Listed For SaleMRED as distributed by MLS GRID #12692219
03/09/2022$1,000Sold
N/A
06/15/2020$57,000ListingRemovedAgent Provided
05/04/2020$57,000PriceChange
Agent Provided
04/08/2020$60,000PriceChange
Agent Provided
02/24/2020$63,500PriceChange
Agent Provided
10/28/2019$67,500Listed For SaleAgent Provided

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Property Tax and Assessment

Year2024
Tax$1,473
Assessment$65,784
Home facts updated by county records

Comparable Sales for 516 E Payson St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Single-Family Home
$118,700
04/27/26
3
1
1,295
0.04
Single-Family Home
$38,000
10/23/25
2
1
896
0.11
Single-Family Home
$90,000
08/29/25
2
1
946
0.24
Single-Family Home
$129,000
11/03/25
3
1
1,182
0.22
Single-Family Home
$170,000
05/18/26
3
1
1,352
0.18
Single-Family Home
$91,500
04/07/26
2
1
952
0.19
Single-Family Home
$117,000
06/11/26
2
1
1,138
0.13
Single-Family Home
$81,600
05/08/26
3
1.5
1,168
0.31
Single-Family Home
$135,000
06/05/26
3
1
902

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What Locals Say about Pontiac

At least 39 Trulia users voted on each feature.
  • 89 % Say it's dog friendly

  • 85 % Say parking is easy

  • 79 % Say car is needed

  • 78 % Say yards are well-kept

  • 78 % Say kids play outside

  • 75 % Say there are sidewalks

  • 72 % Say there's holiday spirit

  • 72 % Say people would walk alone at night

  • 60 % Say it's quiet

  • 54 % Say neighbors are friendly

  • 51 % Say it's walkable to restaurants

  • 41 % Say streets are well-lit

  • 40 % Say it's walkable to grocery stores

  • 38 % Say there's wildlife

  • 33 % Say they plan to stay for at least 5 years

  • 18 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Cherylb2004
    "Everything is good. There are many people here that have dogs and take care of them. Only thing I hope would be here is a more affordable vet clinic"
  • Amber B.
    "i need one hundred words ok so Pontiac is good to raise little kids but get them into sports or whatever as they get older definitely the high school not so good"
  • Leadinghamkodee
    "Only lived here for 4 months it’s not too bad but nothing permanent. It’s a confusing town to live in that’s forsure. Not because of the geographical aspect but just in general. It can be good and it can be bad. "
  • Karen E.
    " easy access to schools, downtown, playgrounds, other children. small community with lots of extra features such as farmers market, splash pad, theaters, both movie and live. "
  • Katie D.
    "no matter where you live at you are about 10 minutes from everything. there are always events going on and from spring to summer the downtown farmers market is amazing."

LGBTQ Local Legal Protections

Keith Hatzfeld, Homeriver Illinois LLC
Agent Phone: (630) 324-4267
Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information
516 E Payson St, Pontiac, IL 61764 is a 3 bedroom, 1 bathroom, 1,080 sqft single-family home built in 1949. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Jul 24, 2026. The MLS # for this home is MLS# 12692219.