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1002-1018 13Th Ave Erie, IL 61250

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For Sale
$315,000

Mobile home park with direct-billed utilities and below-market rents.

Property Features for 1002-1018 13Th Ave

General Information

Standard status
Active

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Listing Contact
David Kempen, Ccim
David Kempen, Ccim
Source: Crexi

Listing Agency: RE/MAX BEST COMMERCIAL Listing Agent: David Kempen, Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Erie, IL Mobile Home Park

This mobile home park presents an investor opportunity. It is designed for ease of management, even from a distance. All utilities, including trash, are directly billed to the residents. The street is owned and maintained by the city. Expenses are limited to taxes, insurance, mowing of two lots, and licensing. Rents are currently below market value. The property includes only one park-owned home. The water and sewer main have been replaced in recent years. The income figures provided are based solely on lot rent and do not include home rent. A 2023 model home is available at wholesale value or by assuming the mortgage. The property is located in Erie, IL.
Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Erie
County
Whiteside
State
Illinois
Longitude
-90.0773245
Latitude
41.6611979

FAQs

What type of property is this?
Mobile home & RV park - Mobile home park with direct-billed utilities and below-market rents.
Where is this mobile home & rv park located?
The property is located at 1002-1018 13Th Ave Erie, IL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: - Easy to manage from out of town with all utilities direct billed to residents, including trash.; - Low expenses: only taxes, insurance, mowing two lots, and licensing.; - City owned and maintained street.
More about this property
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