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Minonk Multifamily Investment Opportunity

734 LOCUST Street, Minonk, IL 61760

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For Sale

$140,000

MULTI_FAMILY - Minonk, IL

Lot size:

0.29 Acres

HighLights

4‑unit investment property in Minonk; each unit has 2 bedrooms and 1 bath
Remodeled the 3 occupied units over the last 7 years; Unit D is vacant and needs minor remodeling
Roof is approximately 10 years old
Three furnaces and Central Air units are less than 5 years old
Water heaters are less than 2 years old; appliances in occupied units stay
Laundry on premises and detached garage for storage

We can help!

Listing Contact

Adam Merrick

For Sale

$140,000

MULTI_FAMILY - Minonk, IL

Lot size:

0.29 Acres

Added:: Oct 28, 2024
Days on Market:: 593
Last Refresh:: Jun 12 at 2:06 am

Property Features for 734 LOCUST Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 8
Bathrooms: 4
Rooms: Bedroom 5, Bedroom 8, Bathroom 2, Bedroom 3, Bathroom 4, Bedroom 2, Bedroom 7, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 3
Parking: 4
Parking features: On Street
Interior features: Cable Available
Basement: Unfinished, Full
Standard status: Active
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

We can help!

Listing Contact

Adam Merrick

Listing agent Adam Merrick License #471018071

Listing office Adam Merrick Real Estate 2400 N Main Street Suite B, East Peoria, IL

Listing date Oct 28, 2024

MLS# PA1254209 Listing URL

HighLights

4‑unit investment property in Minonk; each unit has 2 bedrooms and 1 bath
Remodeled the 3 occupied units over the last 7 years; Unit D is vacant and needs minor remodeling
Roof is approximately 10 years old
Three furnaces and Central Air units are less than 5 years old
Water heaters are less than 2 years old; appliances in occupied units stay
Laundry on premises and detached garage for storage

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

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Local Demand

City: Minonk
County: Woodford
State: Illinois
Longitude: -89.032122
Latitude: 40.905567

For sale
Quadplexes
IL
Minonk
61760
734 LOCUST Street

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; each unit has 2 bedrooms and 1 bath; Remodeled the 3 occupied units over the last 7 years; Unit D is vacant and needs minor remodeling; Roof is approximately 10 years old

734 LOCUST Street, Minonk, IL 61760

MULTI_FAMILY - Minonk, IL

Property Features for 734 LOCUST Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

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