734 Locust St

Minonk, IL 61760

$200,000
Price
—
Beds
—
Baths
2,400 Sq. Ft.
$83 / Sq. Ft.
2,400
Sq. Ft.
$83
per Sq. Ft.
Pending ( No Showings )
Pending ( No Showings )

Description

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...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!
  1. Listed by Adam Merrick • Adam Merrick Real Estate
  2. Listed by Derek Tipsword • Adam Merrick Real Estate

Property Details for 734 Locust Street

Parking Total
4.0
Subdivision Name
Original Town Minonk
LISTING UPDATED: 11/21/2025 02:02 PM

Property Details for 734 Locust Street

StatusPending ( No Showings )
MLS #PA1254209
Days on Market388
Taxes$2,750 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1920
Lot Size0.29 AC / 12,632 SF
CountyWoodford County

Location

Listing Courtesy of Adam Merrick Real Estate
Add your commute

Building Information for 734 Locust Street

Stories-Residences4Year Built1920Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$1,217 per month

30 year fixed, 6.28% Interest

Principal and Interest

$988

Property Taxes

$229

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 734 Locust Street

Summary
Location and General Information
  • City: Minonk
  • County Or Parish: Woodford
  • Directions: CHESTNUT TO E 8TH, R ON LOCUST ST.
  • Latitude: 40.905567
  • Longitude: -89.032122
  • MLSArea Minor: PAAR Area
  • Postal Code: 61760
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 06-07-203-018
  • Tax Annual Amount: $2,750
  • Tax Legal Description: T28N - R2E - S07 LOT 15 BLK 7 ORIGINAL TOWN
  • Tax Year: 2024
School Information
  • High School: Fieldcrest
Parking
  • Parking Features: On Street, Parking Pad
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 2400.0
  • Lot Features: Level
  • Lot Size Acres: 0.29
  • Lot Size Dimensions: 80X160
  • Number Of Units Total: 4
  • 100 Year Plain: No
  • Certificate Of Zoning: No
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Brick/Mortar
  • New Construction: No
  • Year Built: 1920
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 4
  • Number Of Gas Meters: 4
  • Numberof Water Meters: 4
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Aluminum Siding
Interior Features
  • Basement: Full, Unfinished
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Interior Features: Cable Available
  • Laundry Features: Owned Equipment
  • Number Of Central Air Units: 4
  • Number Of Dishwashers: 3
  • Number Of Dryers: 3
  • Number Of Heating Units: 4
  • Number Of Ranges: 3
  • Numberof Refrigerators: 3
  • Number Of Washers: 3
  • Number Of Water Heaters: 4
  • Number Of Window Units: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $16,040
  • Gross Scheduled Income: $16,040
  • Insurance Expense: $900
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $12,390
  • Operating Expense: $900
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Lease Term: One Year or Less

Property History for 734 Locust Street

DateEvent & SourcePriceAppreciation
Nov 20, 2025

Price Change

RMLS ALLIANCE #PA1254209

$200,000—
Nov 20, 2025

Pending

RMLS ALLIANCE #PA1254209

—
Jun 15, 2025

Expired

RMLS ALLIANCE #PA1254209

$215,000—
Oct 28, 2024

Price Change

RMLS ALLIANCE #PA1254209

$275,000—
Oct 28, 2024

Price Change

RMLS ALLIANCE #PA1254209

$250,000—
Oct 28, 2024

Price Change

RMLS ALLIANCE #PA1254209

$215,000—
Oct 28, 2024

Listed (Active)

RMLS ALLIANCE #PA1254209

$300,000—
Oct 18, 2016

Expired

RMLS ALLIANCE #PA1173987

$99,500—
Jun 1, 2016

Listed (Active)

RMLS ALLIANCE #PA1173987

$99,500—
Mar 17, 2016

Expired

RMLS ALLIANCE #PA1165344

$129,900—
Aug 17, 2015

Listed (Active)

RMLS ALLIANCE #PA1165344

$129,900—
Jun 21, 2014

Expired

RMLS ALLIANCE #PA1149038

$134,900—
Nov 21, 2013

Listed (Active)

RMLS ALLIANCE #PA1149038

$139,900—
Sep 4, 2003

Sold

MRED #10209534

$77,500—
Aug 4, 2003

Pending

MRED #10209534

—
Jun 23, 2003

Listed (Active)

MRED #10209534

$83,000—
DateEvent & SourcePrice
11/20/2025

Price Change

RMLS ALLIANCE #PA1254209

$200,000
11/20/2025

Pending

RMLS ALLIANCE #PA1254209

—
06/15/2025

Expired

RMLS ALLIANCE #PA1254209

$215,000
10/28/2024

Price Change

RMLS ALLIANCE #PA1254209

$275,000
10/28/2024

Price Change

RMLS ALLIANCE #PA1254209

$250,000
10/28/2024

Price Change

RMLS ALLIANCE #PA1254209

$215,000
10/28/2024

Listed (Active)

RMLS ALLIANCE #PA1254209

$300,000
10/18/2016

Expired

RMLS ALLIANCE #PA1173987

$99,500
06/01/2016

Listed (Active)

RMLS ALLIANCE #PA1173987

$99,500
03/17/2016

Expired

RMLS ALLIANCE #PA1165344

$129,900
08/17/2015

Listed (Active)

RMLS ALLIANCE #PA1165344

$129,900
06/21/2014

Expired

RMLS ALLIANCE #PA1149038

$134,900
11/21/2013

Listed (Active)

RMLS ALLIANCE #PA1149038

$139,900
09/04/2003

Sold

MRED #10209534

$77,500
08/04/2003

Pending

MRED #10209534

—
06/23/2003

Listed (Active)

MRED #10209534

$83,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 734 Locust Street

This home is within Fieldcrest Community Unit School District 6.
Rating
School
Type
Grades
Distance
Fieldcrest Primary School
Public - PK to 2
Fieldcrest Intermediate School
Public - 3 to 5
Fieldcrest Middle School
Public - 6 to 8
Fieldcrest High School
Public - 9 to 12
Rating
School
Distance
Fieldcrest Primary School
PublicPK to 2

Fieldcrest Intermediate School
Public3 to 5

Fieldcrest Middle School
Public6 to 8

Fieldcrest High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Adam Merrick Real Estate

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/11/2025 09:14 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.