Multifamily

Minonk, IL Multifamily Properties for Sale

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Minonk Multifamily Investment Opportunity
Updated: Oct 28, 2024
Minonk Multifamily Investment Opportunity

734 LOCUST Street, Minonk, IL 61760

$140,000
0.29 AC lot
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
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Minonk, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Remodeled Multi-Unit Home
Remodeled Multi-Unit Home

223 E Michigan Avenue, Pontiac, IL 61764

$369,900
0.17 AC lot

Fully updated two-unit residence with multiple kitchens, in-unit laundry, and a fenced yard with pool.

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Fully Remodeled 4-Plex
Fully Remodeled 4-Plex

601 DEVONSHIRE Road, Washington, IL 61571

$449,900

Turn-key 4-plex with fully applianced 2-bed units, on-site laundry, and covered parking.

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Two-Story Commercial Building in Washington
Two-Story Commercial Building in Washington

120 Walnut Street, Washington, IL 61571

$209,900
0.12 AC lot

Two-story commercial building with renovation potential in Washington, Illinois.

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Fully Updated Multi-Unit Duplex
Fully Updated Multi-Unit Duplex

223 E Michigan Avenue, Pontiac, IL 61764

$379,900

Two remodeled units offer flexible living options with in-unit laundry and multiple kitchens in one move-in ready home.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Commercial Land Development Parcel
Commercial Land Development Parcel

17039 Hillside Lane, Jerseyville, IL 62052

$70,000
2.10 AC lot

Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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Off-Market Properties in Minonk, IL

Consider similar Off-Market properties in Minonk, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5 Carolyn Dr
CAMPGROUND, RV PARK

5 Carolyn Dr, Minonk, IL 61760

Value Estimation by Request
2.15 AC lot
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Under Water Per Borrow
CAMPGROUND, RV PARK

Under Water Per Borrow, Minonk, IL 61760

Value Estimation by Request
2.75 AC lot
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Minonk, IL Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Minonk, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $140,000.

Sale prices for multifamily properties in Minonk, IL start at $140,000, averaging $140,000, and reaching up to $140,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 1

Demographics Overview

Population 2,240
Population Growth (5Y) -11.1%
Median Household Income $65,035
College Educated 27.3%

High-Yield Neighborhoods for Investment

Identify Minonk submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61760 $140K

Taxes & Financing

Average Loan-to-Value 65.0%

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