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Manufactured Housing Community with Infill Capacity

231 S CT ST, Benton, IL 62812

For Sale
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Municipal water and sewer serve a community with onsite management and asphalt interior roads.

Property SizeContact for details
Lot Size11.12 Acres
Days on Market19

Property Features for 231 S CT ST

General Information

Standard status Active
Lot size 11.12 Acres
Property subtype Mobile Home Park
Occupancy 46%

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Mobile Home Lots 53
Park-Owned Homes 5

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Listing Agency: Mr. Landman
Listed By: Jon Fisher · License #IL 471.020503
Source: Crexi
Added: Oct 22 Changed: Nov 8 Last Checked: Nov 8 at 4:47PM

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

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Investment Insights

Based on property information with market context.

This manufactured housing community in Benton, Illinois, includes 53 pads across approximately 11.12 acres. Reported occupancy is approximately 46%. The property has a mix of tenant-owned homes, park-owned homes, and homes covered by active rent-to-own agreements. Two vacant park-owned homes require rehabilitation, and one is a double-wide. Ownership reports that three homes may need removal. Asphalt roads run through the community, and residents maintain their individual lots. An onsite manager and maintenance employee support day-to-day operations.

The property is served by municipal water and sewer. Ownership pays the water expense and uses a Ratio Utility Billing System to recover most of that cost from residents; tenants arrange their own garbage service. Recent work includes tree trimming and removal, rehabilitation of three homes, sewer-line cleaning, and ongoing maintenance. Installation of a flush hydrant is underway. The community is not in a designated flood zone.

Benton is approximately 15 miles north of Marion and 25 miles south of Mount Vernon, with access to Interstate 57. The community’s existing pads and vacant homes provide room for further infill, subject to utility capacity, local requirements, and placement costs.

Key Highlights

  • 53 pads on approximately 11.12 acres; reported occupancy is approximately 46%
  • Municipal water and sewer; water costs are partly recovered through RUBS
  • Five active rent‑to‑own agreements, based on the October 17, 2026 rent roll

Property Analytics

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Lease Details

46%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby

Demographics for 62812, IL

10,962
Population
5,582
Households
2
Avg Household Size
43
Median Age
19%
College-Educated
89%
High-School Grad
98.7 sq mi
ZIP Area
111
Density / Sq Mi
$54,820
Median Household Income
$36,542
Median Earnings
$796
Median Rent
$100,900
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Municipal water and sewer serve a community with onsite management and asphalt interior roads.
Where is this mobile home & rv park located?
The property is located at 231 S CT ST Benton, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 53 pads on approximately 11.12 acres; reported occupancy is approximately 46%; Municipal water and sewer; water costs are partly recovered through RUBS; Five active rent‑to‑own agreements, based on the October 17, 2026 rent roll
(217) 202-0924 · Office Call to check price and availability
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