Building Details

Year Built 2001

Buildings 3

Construction manufactured

Listing Agency: PROPERTY WITH TLC, LLC t***@propertywithtlc.com Show Phone

Listed By: Teresa Camarato · License #471001948

Source: Crexi

Added: Aug 7 Changed: Aug 12 Last Checked: Aug 12 at 6:24AM

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Investment Insights

Based on property information with market context.

This multifamily property includes two double-wide manufactured homes and one single-wide manufactured home across 5.44 acres in a rural setting. The homes require repairs and updates, while a pole building adds storage or workspace. One residence is supplied by a private well, and the other two use city water. Built in 2001, the property is located at 1470 Morgan School Road in Jonesboro, Illinois.

Key Highlights

• 5.44 acres in a rural setting
• Two double‑wide manufactured homes and one single‑wide manufactured home
• Homes require repairs and updates

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Travel Agency Hotel & Motel

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

3

Residential units

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

4

Businesses Nearby

Explore this area Business Placement

Demographics for 62952, IL

3,036

Population

1,375

Households

2.2

Avg Household Size

43

Median Age

23%

College-Educated

88%

High-School Grad

93.8 sq mi

ZIP Area

32

Density / Sq Mi

$57,206

Median Household Income

$45,566

Median Earnings

$727

Median Rent

$124,300

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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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Rural multifamily property with three manufactured homes, a pole building, and separate water sources.

Where is this multifamily property located?

The property is located at 1470 Morgan School Road Jonesboro, IL.

What is the asking price?

The asking price for this property is $69,000.

What are key features of this property?

This property features: 5.44 acres in a rural setting; Two double‑wide manufactured homes and one single‑wide manufactured home; Homes require repairs and updates