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Mobile Home Park Portfolio
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1405 N Kinzie Ave, Bourbonnais, IL 60914

Three manufactured housing communities totaling 600+ spaces, with municipal water and sewer services across the portfolio.

Property SizeContact for details
Days on Market120

Property Features for 1405 N Kinzie Ave

General Information

Standard status Active
Property subtype Mobile Home Park
Listing Agency: Sunstone Real Estate Advisors
Listed By: Robert McBroom · License #IL 475.144439
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 12:00PM

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 Sunstone Real Estate Advisors

Investment Insights

Based on property information with market context.

Sunstone presents an exclusive portfolio sale featuring Oak Creek Estates (345 spaces plus 10 storage units), Lincoln Terrace MHC (194 spaces), and Belle Aire MHC (72 spaces) for a combined total of 600+ spaces. The owned home portfolio includes home stock where the majority of homes are 2018 and above.

These communities are located in Bourbonnais, Illinois, and are serviced by municipal water and sewer. The portfolio is operating at 79% economic occupancy, and the communities are described as being close to multiple local and national retailers, restaurants, and employment opportunities.

The offering provides a three-community configuration centered on manufactured housing, with storage units included at Oak Creek Estates.

Key Highlights

  • Portfolio sale includes Oak Creek Estates (345 spaces + 10 storage units), Lincoln Terrace MHC (194 spaces), and Belle Aire MHC (72 spaces)
  • Total of 600+ manufactured home community spaces across the three properties
  • Owned home portfolio includes mostly newer homes, with 100+ homes built 2018 and above

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Law Firm Hair Salon Real Estate Agency Nail Salon Parking Lot & Garage Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby

Demographics for 60914, IL

28,894
Population
10,763
Households
2.7
Avg Household Size
36
Median Age
32%
College-Educated
95%
High-School Grad
48.9 sq mi
ZIP Area
591
Density / Sq Mi
$88,688
Median Household Income
$42,150
Median Earnings
$1,206
Median Rent
$240,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Three manufactured housing communities totaling 600+ spaces, with municipal water and sewer services across the portfolio.
Where is this mobile home & rv park located?
The property is located at 1405 N Kinzie Ave Bourbonnais, IL.
What are key features of this property?
This property features: Portfolio sale includes Oak Creek Estates (345 spaces + 10 storage units), Lincoln Terrace MHC (194 spaces), and Belle Aire MHC (72 spaces); Total of 600+ manufactured home community spaces across the three properties; Owned home portfolio includes mostly newer homes, with 100+ homes built 2018 and above
More about this property
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