708 N 1950th Rd Tonica, IL 61370
Estimated payment $3,625/month
Highlights
- Additional Residence on Property
- Open Floorplan
- Ranch Style House
- Second Kitchen
- Mature Trees
- Wood Flooring
About This Home
Serenity. Tranquility. Opportunity! Have you been craving the peaceful existence provided by rural living? Have you always dreamt of having your own hospitality business? What if you could have a turnkey wedding venue that could double as a BnB, with plenty of private space for you and yours? Welcome to your new life! "The Farm at Tonica" has a 150+ year old peg barn (71x51) with gorgeous beams, just begging to host wedding ceremonies, with an adjacent outbuilding (63x42) perfect for receptions. The original corn crib has been lovingly converted into a bespoke luxury 2-story living quarters, with a gorgeous kitchen, open plan, two full baths, private laundry, RO system, stamped concrete patio, and balcony with a horizon view... The perfect bridal suite! Of course, being 15 minutes from THREE state parks (Starved Rock, Matthiessen, and Buffalo Rock, and a plethora of adorable small town "Main Streets" for fun, it will be a fantastic BnB opportunity! The main house has been beautifully updated... Modern kitchen and baths, custom cabinetry, hardwood floors, giant family room addition, TONS of finished space in the lower level, RO system, main-floor laundry (other laundry hookups as well), incredible horizon views from all sides, and the list goes on. The sunset views are absolutely breathtaking. One of the outbuildings (81x54) has a massive (54x36) HEATED shop with full bath! With no immediate neighboring homes, over 4 acres, mature trees, nearly 6,000 square feet of living space, FIVE bedrooms, FIVE full baths, attached garage, SEVEN outbuildings, more indoor parking than we have seen before, and gobs of outdoor space for event parking... "The Farm at Tonica" offers the life that you have always wanted! Wait... Did we mention that there is FIBER INTERNET with network cabling also run to the Bridal Suite and the shop...? Yeah... This is THE ONE!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,647
Year Built
- Built in 1977
Lot Details
- 4.07 Acre Lot
- Poultry Coop
- Level Lot
- Irregular Lot
- Mature Trees
- Garden
Parking
- 20 Car Garage
- Driveway
- Additional Parking
- Parking Included in Price
Home Design
- Ranch Style House
- Brick Exterior Construction
- Metal Roof
- Steel Siding
- Concrete Perimeter Foundation
Interior Spaces
- 5,181 Sq Ft Home
- Open Floorplan
- Built-In Features
- Historic or Period Millwork
- Paneling
- Beamed Ceilings
- Double Pane Windows
- Insulated Windows
- Blinds
- Display Windows
- Window Screens
- Panel Doors
- Living Room
- Dining Room
- Home Office
- Bonus Room
- Workshop
- Basement Fills Entire Space Under The House
- Property Views
Kitchen
- Second Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 5 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 5 Full Bathrooms
Laundry
- Laundry Room
- Laundry in multiple locations
- Dryer
- Washer
Outdoor Features
- Balcony
- Patio
- Shed
- Utility Building
- Outbuilding
- Porch
Additional Homes
- Additional Residence on Property
Schools
- Tonica Grade Elementary And Middle School
- La Salle-Peru Twp High School
Farming
- Corn Crib Barn
- Grain Storage
Utilities
- Central Air
- Heating System Uses Propane
- Well
- Water Purifier is Owned
- Water Softener is Owned
- Septic Tank
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,647 | $150,449 | $18,778 | $131,671 |
| 2023 | $9,572 | $133,905 | $16,599 | $117,306 |
| 2022 | $9,408 | $131,464 | $16,259 | $115,205 |
| 2021 | $9,345 | $128,767 | $15,888 | $112,879 |
| 2020 | $8,807 | $125,822 | $15,487 | $110,335 |
| 2019 | $8,707 | $119,882 | $14,697 | $105,185 |
| 2018 | $7,905 | $109,774 | $13,365 | $96,409 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $500,000 | -- | $97 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $40,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $62,000 | Unknown |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12396450
APN: 26-29-313000
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