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Improved Commercial Land with Mobile Park
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3202 E University Ave, Urbana, IL 61802

Improved corner commercial parcel with an operating mobile home park, including nine occupied pads and metered utilities.

Property SizeContact for details
Lot Size1.88 Acres
Days on Market145

Property Features for 3202 E University Ave

General Information

Standard status Active
Lot size 1.88 Acres
Property subtype Land, Mobile Home Park
Zoning 0060
Occupancy 80%

Site & Location

Traffic Count 28,000 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Business Included Yes
Listing Agency: Mr. Landman
Listed By: Jon Fisher · License #IN RB18000549
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 10:03AM

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

Investment Insights

Based on property information with market context.

Highcross Properties is a 1.88-acre corner parcel offered with an existing, licensed mobile home park operating on-site. The property is described as “improved commercial” and is already zoned “0060” for development. The park includes a house currently rented for $765 per month, along with ten rental pads. Eight of the ten pads are currently occupied.

The mobile home park has four POH’s averaging $468 per month and four TOH’s averaging $215 per month. The park is on city water and has its own septic system. Each pad has its own electric and gas meters, and the property provides water and garbage to tenants as part of the rental agreement.

The site is located on the NE side of the intersection of US Route 150 and Illinois Route 130 in Urbana, IL, with Wal-Mart on the SE side, Aldi’s on the NW side, and the United States Post Office on the SW side. Daily traffic counts are stated to exceed 28,000 vehicles per day.

Key Highlights

  • 1.88‑acre corner parcel at US Route 150 and Illinois Route 130 in Urbana, IL
  • Daily traffic counts exceed 28,000 vehicles per day at the intersection
  • Zoned “0060” improved commercial for the parcel

Property Analytics

Current Use

High Cross Mobile ... Corporate Office

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Auto Repair Shop Restaurant Nail Salon

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

Lease Details

28,000 VPD
Traffic count
80%
Occupancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby

Demographics for 61802, IL

19,460
Population
10,066
Households
1.9
Avg Household Size
39
Median Age
38%
College-Educated
92%
High-School Grad
82.1 sq mi
ZIP Area
237
Density / Sq Mi
$58,588
Median Household Income
$40,600
Median Earnings
$996
Median Rent
$158,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Mobile home & RV park - Improved corner commercial parcel with an operating mobile home park, including nine occupied pads and metered utilities.
Where is this mobile home & rv park located?
The property is located at 3202 E University Ave Urbana, IL.
What are key features of this property?
This property features: 1.88‑acre corner parcel at US Route 150 and Illinois Route 130 in Urbana, IL; Daily traffic counts exceed 28,000 vehicles per day at the intersection; Zoned “0060” improved commercial for the parcel
(217) 202-0924 Call to check price and availability
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