10557 N State Rte 50, Manteno, IL 60950

Harvest Estates MHC is a 31-site mobile home community situated on 3.18 acres on the outskirts of Manteno, IL. Developed in the mid 1970's, it provides affordable housing. The property is zoned 0060 (improved commercial) and is not located in a flood zone. The park is managed by a resident manager, and a local contractor handles maintenance. The park includes 29 occupied pads, 28 of which are tenant-owned homes (TOH's) averaging $530 per month. A vacant POH is being renovated and will be ready to rent or sell prior to closing. Additionally, there is a single-family residence (SFR) on the property currently renting for $875 per month. There is one vacant pad. Rent was last raised on April 1st, 2025. The park utilizes leases, with the majority being month-to-month. Tenants pay rent via check, CashPay (Zego), and Zelle. The property operates on a private well and septic system with PVC Schedule 40 underground pipes. Electrical pedestals are believed to be 100 amps. The park provides water, septic, and garbage removal in the rent. Tenants are direct-billed for electric (ComEd) and gas (Nicor). The asphalt roads are in good condition. The park mows the entire park and contracts out snow removal as needed. The owners have recently purchased Metron water meters and are in the process of installing them, expected to be completed prior to closing. Improvements include significant upgrades to the well and septic systems, rehab and sale of POH's, and road repairs. A Source Water Protection Plan, a requirement of all well operators in Illinois by the State EPA, was completed in 2024. The property is located in Manteno, part of the Kankakee-Bourbonnais-Bradley Metropolitan Statistical Area, known for its community and quality of life, featuring parks, schools, and local businesses.