Description
MOBILE HOME PARK FOR SALE - Parcel can be split into since there are 3 separate pins for 109,000 each. State-licensed mobile home park in Minier, IL featuring 26 licensed lots, with 17 tenant-owned homes-keeping park management simple and operating expenses low. Established in 1975, the park is serviced by natural gas, city water, and city sewer, all directly billed through City Hall with 26 individual meters already in place. The property sits on public roads and consists of three separate PINs, offering flexibility for future planning or resale. 13 lot owners are 160 a month and 4 are 225 a month. Taxes are 1500 per year. This is a stable, income-producing asset ideal for both new and seasoned investors.
Property Highlights
Property Type: Commercial - Retail
Year Built: 1975
General Information
County: Tazewell
Listed By:
Village Realty, Inc.
708-478-1212
MRED MLS
MLS ID: 12538093
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313 S Western Avenue, Minier, IL 61759.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $300,000 | $300,000 | $300,000 |
| Down Payment | $60,000 | $10,500 | $75,000 |
| Monthly Mortgage Amount | $1,420 | $1,766 | $1,838 |
| Taxes | $418 | $418 | $418 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $132 | $0 |
| Monthly Estimated Total | $1,938 | $2,416 | $2,356 |