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Listed by AdamJ Merrick • Adam Merrick Real Estate
$189,900
Est. payment /mo
4,728 SqFt
Price Dropped by $10K
1012-1016 N LAKE ST Spring Bay, IL 61611
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UPDATED:
02/07/2025 08:01 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,728 sqft
Price per Sqft $40
MLS Listing ID PA1254918
Originating Board rmlsa
Annual Tax Amount $2,307
Tax Year 2023
Lot Dimensions 120X250
Property Sub-Type Commercial
Property Description
Come check out this great addition to your rental portfolio. This mobile home park features 6 homes on 6 lots. These are all park owned homes and are rented as such. 5 of the 6 homes are currently rented with one year leases in place. The 6th trailer will need remodeled to get it ready to rent. The property has one well that services all of the homes and each trailer has its own septic tank. Great cash flow currently bringing in $46k per year with the active leases in place and has room for more growth with the remodel of the 6th home. Pre approval/Proof of funds required for interior showings of the homes. Agent Owned.
Location
State IL
County Woodford
Area Paar Area
Zoning RESIDENTIA
Direction SPRING BAY TO ZIMMERMAN TO CAMPBELL LN.
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet
Fireplace N
Exterior
View true
Roof Type Metal
Garage 1
Building
Faces SPRING BAY TO ZIMMERMAN TO CAMPBELL LN.
Sewer Septic Tank
Structure Type Aluminum Siding,Vinyl Siding
Others
Tax ID 07-01-303-005