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313 S Western Avenue Minier, IL 61759 Commercial - Retail Pending

Pending
  • 313 S Western Avenue, Minier, IL 61759 Main Photo

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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
$300,000
Est. $1,919/mo
Pending
MLS#12538093
STATUSPending PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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313 S Western Avenue, Minier, IL 61759.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $300,000$300,000$300,000
Down Payment $60,000$10,500$75,000
Monthly Mortgage Amount $1,401$1,766$1,824
Taxes $418$418$418
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$132$0
Monthly Estimated Total $1,919$2,416$2,342

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