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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, 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
    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
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Minonk, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Four-Unit Mixed-Use Building
    Four-Unit Mixed-Use Building

    220 & 222 Meadow Avenue, East Peoria, IL 61611

    $280,000
    5,500 sqft

    Mixed-use property with four residential apartment units and commercial space, for sale in East Peoria.

    View details
    Renovated 4-Unit Apartment Building
    Renovated 4-Unit Apartment Building

    119 E Superior Street, Ottawa, IL 61350

    $269,900
    0.17 AC lot

    Well-maintained 4-unit complex with updated interiors, separate tenant utilities, and recent roof, siding, and mechanical improvements.

    View details
    Ottawa Multifamily Investment Opportunity
    Ottawa Multifamily Investment Opportunity

    621 Chapel Street, Ottawa, IL 61350

    $360,000
    0.32 AC lot

    Four-unit multifamily property with potential for a fifth unit.

    View details
    Mixed-Use Income Building
    Mixed-Use Income Building

    220 & 222 MEADOW Avenue, East Peoria, IL 61611

    $280,000

    Mixed-use building with commercial space and four residential apartment units in East Peoria, zoned B2.

    View details

    Minonk, IL Quadplexes Market Trends and Statistics

    Explore 1 quadplexes for sale in Minonk, IL on our real estate platform.

    Sale prices for four-unit buildings in Minonk, IL average $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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