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Listing provided courtesy of Eppel RealtyMREDas Distributed by MLSGrid- MLS# 12650442MLS Provider

127 W 5th StreetMinonk, IL 61760

Commercial
$299,900 Active

127 W 5th Street Overview

Time on Site:
43 days
Visits:
0

INVESTMENT OPPORTUNITY! Don't miss this versatile mixed-use commercial property featuring two income-producing apartment units plus commercial space. The lower-level apartment offers 3 bedrooms, while the main-level apartment features 2 bedrooms and a beautiful bay window that adds character and natural light. An additional commercial unit with a private entrance off W 5th Street is ideal for office or retail use and includes a half bathroom along with two large front display windows perfect for showcasing products or services. The entire building has been fully renovated with new flooring, fresh paint, updated doors, shades, and remodeled bathrooms throughout. Currently, the owner pays all utilities for the three units, making this an excellent opportunity to own your own business space while generating rental income to help offset expenses. A turnkey investment with endless potential!

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127 W 5th Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Electric Expense: 125
  • Fuel Expense: 100
  • Gross Income: 23582
  • Gross Scheduled Income: 32400
  • Insurance Expense: 2658
  • Net Operating Income: 28682
  • Trash Expense: 100
  • Water Sewer Expense: 100

Building Information

  • Year Built: 1930

Location/Region

  • County Or Parish: Woodford
  • MLS Area Major: Minonk
  • Township: Minonk

Tax Information

  • Tax Annual Amount: $1,060.00
  • Tax Year: 2024

General Information

  • Parcel Number: 0607402017
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

General Information

  • Cooling: Central Air, Partial, Window Unit(s)
  • Electric: Circuit Breakers
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 30x50
  • Lot Size Square Feet: 2400

Building Exterior/Construction

  • Construction Materials: Vinyl Siding, Brick

General Information

  • Number Of Units Total: 4

127 W 5th Street Neighborhood

Community

61760 (Minonk) Demographics

40
Median Age
31
Population Density (per sq. mile)
28%
College Educated
$56,397
Estimated Median Income
755
Estimated Total Home Owners
213
Estimated Total Renters
78% / 22%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

127 W 5th Street Monthly Cost

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Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

127 W 5th Street Market Data

Based on the last 30 days in this zip code

$220,875
Average List Price
$118
Average Price per Square Foot
1
Properties Sold
28
Average Days on Market
8
Properties for Sale
Calculations provided by Reliance Network

127 W 5th Street History

Date Event Value Agent
5/22/2026Source: MRED Status Change
Active
5/17/2026Source: MRED Added to Database
May 17, 2026
6/20/2022Source: MRED Added to Database
January 27, 2022
3/18/2022Source: MRED Status Change
Closed
2/18/2022Source: MRED Status Change
Contingent