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Minonk 61760
718 Johnson Street
$55,000
● House - Off Market

718 Johnson Street

Minonk, IL 61760
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,232 Ft²
$72,470
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Don't miss out on this 4 bedroom home in Minonk.  Two bedrooms upstairs and two bedrooms downstairs.  Large living room that leads into a dining area with laminate flooring.  1st floor bath off of dining area, tile floors in kitchen.  Bedroom off of kitchen with first floor laundry.  Nice starter home of investment property.  Continuously rented for the past 14 years.   Ten new windows this year and many other updates during the past six years, including partial roof, furnace, water heater, sump pump, flooring, front door.  Large back yard with plenty of room to build a garage, has alley access. Home warranty is included.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$54
Property Type
House
Property Taxes
$209
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11141915)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Jul 1, 2021 Listed by RE/MAX Rising $67,000
Listed by RE/MAX Rising
Oct 11, 2019 No longer available -
No longer available
Oct 3, 2019 Price Decreased $67,500
↓ $1K (1.5%)
Price Decreased
Aug 28, 2019 Price Decreased $68,500
↓ $4K (5.5%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,239
  • Building Area: 1,239
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KIPP & DAVISONS ADDITION
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: T28N - R2E - S07 LOT 5 BLK 10 KIPP & DAVISONS ADDN

Neighborhood

  • School District Name: Fieldcrest Community Unit School District 6
  • Census Tract: 030200

Geography

  • District: 06
  • Parcel: 06-07-107-009
  • Block: 10
  • Lot: 5
  • Meridian: SEC 07 TWN 28N RNG 02E
  • Municipality: MINONK
  • Latitude: 40.9048
  • Longitude: -89.0387

    Address

  • Full Address: 718 Johnson St
  • Address - House Number: 718
  • Address - Street Name: Johnson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Minonk
  • Carrier Code: C001
  • 4-Digit Zip Code: 1044
  • Zip Code: 61760

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $283,094
  • Tax Rate Code Area: 6002

    Appraisal Valuation

  • Standard Deviation: 0.0929
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 91
  • Final Value: 60,644
  • High Value: 66,281
  • Low Value: 55,008

    Market Valuation

  • Market Total Value: $94,131
  • Market Land Value: $11,823
  • Market Improvement Value: $82,308

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,377
  • Assessed Land Value: $3,941
  • Assessed Improvements Value: $27,436
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Minonk

Stats & Trends

Median Asking:

$179,000

Sale Price/ft²

$116

Below Asking

0.03%

Average Days on Market

41

Average Home Size

1832 ft²

Average Home Age

373 years

Currently For Sale

3 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Tim Tyler, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 11141915
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 718 Johnson built and last sold?
The property at 718 Johnson was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 718 Johnson is $0.
What are some comparable homes to 718 Johnson?
There are currently no comparable homes to 718 Johnson.
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