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109 S Pearl St Atkinson, IL 61235

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24-pad mobile home community in Atkinson, Illinois.

Type:Mobile Home Park
Property size:
246,114 SF
Lot size:
5.65 Acres
Added:
May 16, 2024
Days on Market:
692
Last Refresh:
Mar 17 at 1:26 pm

Property Features for 109 S Pearl St

General Information

Standard status
Active
Size
246,114 SF
Lot size
5.65 Acres
Property subtype
Mobile Home Park

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Listing Contact
Jon Fisher
Jon Fisher

Listing agent Jon Fisher License #FL BK3489532

Listing office Mr. Landman

Listing date May 16, 2024

Source Crexi

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

All listing content including descriptions, pricing, images are the copyrighted material of Mr. Landman


Overview

Established Mobile Home Community

Atkinson Estates MHC is a 24-pad mobile home community situated on 5.65 acres on the outskirts of Atkinson, IL. Developed in the 1960s, it offers affordable housing. The property is zoned 0030 (vacant residential lots) and 0060 (improved commercial) and is not located in a flood zone. A resident manager currently manages the park. The majority of the pads (19) are single section, accommodating 14 x 80 trailers, with 5 multi-section pads also available. Of the 20 occupied pads, one is a rent-to-own at $700 per month, two are park-owned homes at $750 per month, and 17 are tenant-owned homes paying $375 per month. Rent was recently raised in April 2024, and all tenants are current on their payments. Residents utilize leases and pay via check, bank deposit, Cashapp, Venmo, and Zelle. The property features public water and sewer, with underground pipes believed to be PVC. Electrical pedestals are believed to be 100 amps. Residents are direct-billed for water, electricity, and gas, while garbage is included in the rent. The park has asphalt roads in good condition. Tenants maintain their pads, while the park handles common areas. The handyman provides snow removal. Improvements include road upgrades, addition of park-owned homes, and plumbing projects. The owner suggests adding a trailer on the front lot for $800 monthly rent. Atkinson is located 16 miles from Kewanee, 31 miles from Moline, 33 miles from Bettendorf, 36 miles from Davenport, 38 miles from Rock Island, 68 miles from Peoria and 144 miles from Chicago.
Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Hair Salon Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Atkinson
County
Henry
State
Illinois
Longitude
-90.012619
Latitude
41.41814

FAQs

What type of property is this?
Mobile home & RV park - 24-pad mobile home community in Atkinson, Illinois.
Where is this mobile home & rv park located?
The property is located at 109 S Pearl St Atkinson, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Public water & sewer: Connected to city services.; Strong occupancy: 20 of 24 pads currently occupied, offering stable income.; Rent increases: Rents recently raised in April 2024, suggesting increased revenue potential.
(217) 202-0924 Call to check price and availability
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