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201 Locust St

34,040 SF Health Care Building Offered at $922,878 CAD in Minonk, IL 61760

Investment Highlights

  • Prime location with easy access

Executive Summary

Well-maintained nursing facility with 49 total rooms on 1.07 acres. The addition, built in 1981, consists of 17 shelter care rooms, each with an ensuite restroom and central air. The original building, constructed in 1967, has 16 sets of adjoining rooms (32 rooms total), connected by a shared bathroom. Each room has its own individually controlled window AC. The property was fully remodeled in 2012, along with additional recent mechanical updates and a new generator. There is a full commercial kitchen, a large multi-purpose room, a conference room, a patio sitting area, a reception, and two separate basements, one of which has elevator access and is finished with a break room, beauty salon, maintenance office, and storage area.

Property Facts

Price $922,878 CAD
Price Per Bed $18,834 CAD
Sale Type Owner User
Sale Conditions High Vacancy Property
Property Type Health Care
Property Subtype
Skilled Nursing Facility
  • Healthcare Assisted Living
  • Healthcare Continuing Care Retirement Community
  • Healthcare Rehabilitation Centre
Building Class C
Lot Size 1.10 AC
Building Size 34,040 SF
No. Beds 49
No. Stories 1
Year Built/Renovated 1967/2012
Parking Ratio 0.59/1,000 SF

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 06-07-407-010
  • 06-07-407-011
Land Assessment
$30,341 CAD
Improvements Assessment
$272,360 CAD
Total Assessment
$302,701 CAD

zoning

Zoning Code R-1 (Residential)
R-1 (Residential)
  • Listing ID: 28998852

  • Date on Market: 2023-07-14

  • Last Updated:

  • Address: 201 Locust St, Minonk, IL 61760

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