$200,000
$100K PRICE DROP

734 Locust St Minonk, IL 61760

Estimated payment $1,285/month

Total Views 23,003
8 Beds
-- Bath
2,400 Sq Ft
$83 Price per Sq Ft

About This Home

INVESTMENT PROPERTY! This is a great opportunity to expand your rental portfolio with this well cared for 4 unit property in Minonk. Each unit is 2 bedroom, 1 bath. Laundry on premises. Seller has remodeled the 3 occupied units as they became open over the last 7 years. Unit D is vacant and does need some minor remodeling. The roof is approximately 10 years old. Three furnaces and Central Air units are less than 5 years old and water heaters are less than 2 years old. Appliances in occupied units stay. Detached garage for storage. Tenant occupied so 24 hour notice is required. Come take your tour today!

Listing Agent

Adam Merrick

Adam Merrick Real Estate Brokerage Email: homes@adammerrick.com License #471018071 Listed on: 10/28/2024

Co-Listing Agent

Derek Tipsword

Adam Merrick Real Estate Brokerage Email: homes@adammerrick.com License #475202878

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,750

Year Built

  • Built in 1920

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 80x160
  • Level Lot

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 8 Bedrooms
  • 2,400 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Parking Pad
  • On-Street Parking

Schools

  • Fieldcrest High School

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Original Town Minonk Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-07-203-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,750

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1920
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Apartment Building
  • PricePerSqFt: 83.33
  • Attribution Contact: homes@adammerrick.com
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Total Bedrooms: 8
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Aluminum Siding
  • Foundation Details: Brick/Mortar
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street, Parking Pad
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 4
  • NumberOfHeatingUnits: 4
  • NumberOfCentralAirUnits: 4
  • NumberOfGasMeters: 4
  • NumberOfElectricMeters: 4
  • NumberofWaterMeters: 4
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 3
  • NumberOfDryers: 3
  • NumberOfDishwashers: 3
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Fieldcrest

Lot Info

  • Lot Size Acres: 0.29
  • Lot Size: 80X160
  • Parcel #: 06-07-203-018
  • CertificateOfZoning: No

Rental Info

  • Lease Term: One Year or Less

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2750
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 16040
  • Annual Operating Expense: 900

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 For Sale $200,000 0.0% $83 / Sq Ft
06/16/2025 06/16/25 Price Changed $200,000 -7.0% $83 / Sq Ft
06/16/2025 06/16/25 Off Market $215,000 -- --
04/28/2025 04/28/25 Price Changed $215,000 -14.0% $90 / Sq Ft
01/30/2025 01/30/25 Price Changed $250,000 -9.1% $104 / Sq Ft
11/13/2024 11/13/24 Price Changed $275,000 -8.3% $115 / Sq Ft
10/28/2024 10/28/24 For Sale $300,000 -- $125 / Sq Ft
Source: RMLS Alliance

Source: RMLS Alliance

MLS Number: PA1254209

RMLS Alliance