$104,900
Original price: $109,900
3 Beds
1 Bath
1,080 sqft
516 E Payson St, Pontiac, IL 61764
We estimate this home will sell faster than 89% nearby.
Home Highlights
Single-Family Home
Built in 1949
$97/sqft
Garage
Local Information
- Map ViewExplore the area around 516 E Payson St.
- Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
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. Property needs some TLC but this home is rich in sweat equity and could make a great owner-occupied primary residence or investment opportunity.
Last check for updates: about 1 hour ago
Listing courtesy of: Keith Hatzfeld, (630) 324-4267
Homeriver Illinois LLC
Source: MRED as distributed by MLS GRID, MLS#12740273
Also Listed on MRED as distributed by MLS GRID.
We estimate this home will sell faster than 89% nearby.
Home Details for 516 E Payson St
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MLS Status: Active |
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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 |
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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 |
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Days on Market: 15 |
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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 |
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Price List Price: $104,900Price Per Sqft: $97 |
Status Change & Dates Possession Timing: Close Of Escrow |
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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 |
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Listing Agent Listing ID: 12740273 |
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Building Area Building Area: 2160 Square Feet |
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HOA Fee Includes: NoneHOA Fee: No HOA Fee |
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Lot Area: 6098.4 sqft |
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Special Conditions: None |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12740273 |
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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: YesMRD REMARKSINTERNET: YesSource Internet Address DisplayMRD Remarks On VOW Display: Yes |
Around this home
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.
Market trends in Pontiac
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
32
7MoM
Home Value
Trulia Estimate
$108KSince last month
Increased$300 (+0.3%)Since last year
Increased$40K (+59.2%)Since last sale
Increased$108K (+10,760%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +54% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $109K |
| August 2026 | $108K |
| July 2026 | $108K |
| June 2026 | $87K |
| May 2026 | $84K |
| April 2026 | $83K |
| March 2026 | $86K |
| February 2026 | $83K |
| January 2026 | $86K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.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 | |
0.24 | 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 | 1,288 | |
0.31 | Single-Family Home | $135,000 | 06/05/26 | 3 | 1 | 902 | |
0.27 | Single-Family Home | $149,000 | 08/28/26 | 3 | 1 | 1,322 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $106,400 | 2 | 1 | 896 | Off Market | |
0.01 | $63,400 | 2 | 1 | 700 | Off Market | |
0.07 | $100,500 | 3 | 2 | 1,956 | Recently Sold | |
0.08 | $148,800 | 3 | 1.5 | 1,322 | Off Market | |
0.06 | $122,600 | 2 | 1 | 864 | Off Market | |
0.06 | $101,600 | Studio | - | 1,036 | Off Market | |
0.11 | $94,000 | 2 | 1 | 946 | Off Market | |
0.08 | $135,200 | 2 | 1 | 880 | Off Market | |
0.10 | $114,800 | 2 | 1 | 1,125 | Off Market | |
0.13 | $94,500 | 3 | 1 | 1,388 | Off Market | |
0.10 | $118,700 | 3 | 1 | 1,295 | Recently Sold |
Price and Tax history
| Date | Event | Price |
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Sep 1, 2026 Source: MRED as distributed by MLS GRID #12740273 | PriceChange | $104,900 Price decreased by 5% |
Aug 22, 2026 Source: MRED as distributed by MLS GRID #12740273 | Listed For Sale | $109,900 |
Aug 3, 2026 Source: MRED as distributed by MLS GRID #12692219 | ListingRemoved | $109,900 |
Jul 24, 2026 Source: MRED as distributed by MLS GRID #12692219 | Listed For Sale | $109,900 |
Mar 9, 2022 Source: N/A | Sold | $1,000 |
Jun 15, 2020 Source: Agent Provided | ListingRemoved | $57,000 |
May 4, 2020 Source: Agent Provided | PriceChange | $57,000 Price decreased by 5% |
Apr 8, 2020 Source: Agent Provided | PriceChange | $60,000 Price decreased by 6% |
Feb 24, 2020 Source: Agent Provided | PriceChange | $63,500 Price decreased by 6% |
Oct 28, 2019 Source: Agent Provided | Listed For Sale | $67,500 |
| Year | Property tax | Tax assessment |
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| 2025 | $1,659 | $74,799 |
Home facts updated by county records
LGBTQ Local Legal Protections
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
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Frequently asked questions about 516 E Payson St
- What is the estimated monthly payment for 516 E Payson St?Based on a $104,900 list price with 20% down at today's rates, the estimated monthly payment for 516 E Payson St in Pontiac, IL is approximately $822 (about $556 principal & interest, $191 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Pontiac?Residents describe Pontiac, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Pontiac, IL.
- What are the closest schools to 516 E Payson St?The closest schools to 516 E Payson St in Pontiac, IL are Central Elementary School (Pre-K), Lincoln Elementary School (rated 4/10), Pontiac High School (rated 3/10).
- What is 516 E Payson St estimated to be worth?Trulia's estimated value for 516 E Payson St in Pontiac, IL is $108,300.
- Does 516 E Payson St have air conditioning?Yes, 516 E Payson St in Pontiac, IL has air conditioning.
- Does 516 E Payson St have laundry facilities?Yes, 516 E Payson St in Pontiac, IL has laundry facilities.
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 Aug 22, 2026. The MLS # for this home is MLS# 12740273.