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Minonk Multifamily Investment Opportunity

734 LOCUST Street Minonk, IL 61760

734 LOCUST Street, Minonk, IL, 61760
$140,000
Pending
For Sale
$140,000
Pending

MULTI_FAMILY - Minonk, IL

Lot Size0.29 Acres
Days on Market628

Property Features for 734 LOCUST Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Rooms
Bedroom 3, Bedroom 8, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1
Parking
4
Parking features
On Street
Interior features
Cable Available
Basement
Unfinished, Full
Standard status
Pending
APN
06-07-203-018
Lot size
0.29 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
T28N - R2E - S07 LOT 15 BLK 7 ORIGINAL TOWN
Tax Annual Amount
2988

Utilities

Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public

Building Details

Year built
1920
Number of units
4
Building materials
Aluminum Siding
Roof type
Shingle
Listing Agency Adam Merrick Real Estate
2400 N Main Street Suite B, East Peoria, IL
Listed by Adam Merrick · License #471018071
Added: Oct 28, 2024 Checked: Jul 17 at 5:06 pm
MLS# PA1254209 Listing URL

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This is a four-unit multifamily property located in Minonk, Illinois, presenting an investment opportunity to expand a rental portfolio. Each of the four units features two bedrooms and one bathroom. Laundry facilities are located on the premises. Over the past seven years, the seller has remodeled the three occupied units as they became available. Unit D is currently vacant and requires some minor remodeling. The roof is approximately 10 years old. Three furnaces and central air units are less than five years old, and the water heaters are less than two years old. Appliances in the occupied units will stay with the property. A detached garage is available for storage. The property is situated on a 0.29-acre lot.

Key Highlights

  • 4‑unit investment property in Minonk, with 2 bedrooms and 1 bath per unit
  • Seller remodeled the 3 occupied units over the last 7 years as units became available
  • Unit D is vacant and needs some minor remodeling

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Electrical Service Plumbing Service Auto Parts Store Grocery & Convenience Store Pharmacy Big Box & Wholesale Store Bakery (Bike/Boat/Book/etc) Store Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Well-maintained four-unit property in Minonk, Illinois.
Where is this quadplex located?
The property is located at 734 LOCUST Street Minonk, IL.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 4‑unit investment property in Minonk, with 2 bedrooms and 1 bath per unit; Seller remodeled the 3 occupied units over the last 7 years as units became available; Unit D is vacant and needs some minor remodeling
Contact an agent
More about this property
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