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$134,900
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466 N Chestnut St
Minonk, IL 61760
4 bed 4 bath unknown SqFt ($0/SqFt)
3,049SqFt lot. Built 1926
Listed 2023-08-16
USDA Eligible
near Minonk, IL
 

Here is your opportunity to own a piece of downtown Minonk with 466 N.

Chestnut Street. The property sits right along the main strip amid other local businesses. This asset features multiple opportunities for income. At the front of the property sits modest store front opportunity to operate a small business out of or the new owner could rent out the space for extra stora ge.

The majority of the property is taken up by the 2 - two-story apartments featuring 2 beds and 1.5 baths each. At the rear of the property sits roughly a 15' x 35' storage room the current owner has utilized over the years, however this could be renovated into a 1-bed efficiency apartment or other opportunity to bring additional income into the property. Behind the building is off street parking for the tenants.


Presented by Carrie Tinucci-troll at
CORE 3 Commercial Real Estate.


Property MLS #11861743 from MRED

Bedrooms: 4
Bedrooms Possible: 4

Total Rooms: 6
Basement Features: Full
Basement Description: Unfinished

Total Bathrooms: 4
Full Bathrooms: 2
1/2 Bathrooms: 2

Heating Features: Electric

Lot Size Acres: 0.07
Lot Size Dimensions: 20 X 160
Lot Size Square Feet: 3049

Parking Features: Unassigned, Off Street, Rear/Side Entry
Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Fieldcrest Elementary
High School: Fieldcrest High School
High School District: 6

Fieldcrest High School is a public high school located approximately 0.3 miles away.
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Wcsea-Minonk-K-2 is a public elementary school located approximately 0.2 miles away.
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Fieldcrest Middle Sch/Elem - East is a public elementary and middle school located approximately 10.8 miles away.
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Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Half Bathrooms in Unit-1: 1
Half Bathrooms in Unit-2: 1
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 1
Unit-3 Square Feet: 93
Unit 1 Total Actual Rent: 700
Unit 2 Total Actual Rent: 700

Annual Tax Amount: 866.00
Source Listing Status: Active
County: Woodford
Directions: South on 251 to County Rd 2200 N; to N. Chestnut Street south to property
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 0607402088
Township: Minonk
Zoning: COMMR
Property Subtype: Two to Four Units
Source System Name: C2C

Price Changed 2023-09-30
$134,900
MRED
Listed 2023-08-16
$144,900
MRED
Listing removed 2022-03-29
$82,000
MRED
Price Changed 2022-03-19
$82,000
MRED
Price Changed 2021-11-16
$84,900
MRED
Listed 2021-10-07
$89,900
MRED

Year Built: 1926
Property Age: 98

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.