Mobile Home Park with Multi-Use
For Sale
$249,900
3117 E Voorhees St, Danville, IL 61834
A 9.33-acre park with four income-producing mobile homes and a large on-site building for flexible use.
Property Size3,200 SF
Lot Size9.33 Acres
Price / SF$78.09
Days on Market92
Property Features for 3117 E Voorhees St
General Information
Standard status
Active
Size
3,200 SF
Lot size
9.33 Acres
Property subtype
Land
Additional Details
Business Included
Yes
Multifamily Units
4
Listing Agency:
KELLER WILLIAMS-TREC
(217) 918-0087
Listed By:
Hayley Siefert · License #RB17001579
(217) 918-0087
Source:
Exprealty
Added: May 6
Changed: Jul 10
Last Checked: Jul 31 at 1:26PM
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 KELLER WILLIAMS-TREC
Investment Insights
Based on property information with market context.
This 9.33-acre property currently features four income-producing mobile homes. In addition, it includes a versatile 3,200+ square-foot building on-site that has previously been used for a range of business activities and church gatherings.
The property is located at 3117 E Voorhees St in Danville, Illinois, providing a single-site setup for an operator seeking an income component alongside an additional multi-use structure. With room to expand, the layout supports continued development of income-producing opportunities on the same parcel.
For prospective buyers, the combination of existing mobile home units and a substantial building can support multiple operating concepts, including continued mobile home income and use of the larger building for entrepreneur or community-oriented activity. The property’s existing improvements also offer a practical foundation for those looking to grow within a single address rather than piecing together separate sites.
The property is located at 3117 E Voorhees St in Danville, Illinois, providing a single-site setup for an operator seeking an income component alongside an additional multi-use structure. With room to expand, the layout supports continued development of income-producing opportunities on the same parcel.
For prospective buyers, the combination of existing mobile home units and a substantial building can support multiple operating concepts, including continued mobile home income and use of the larger building for entrepreneur or community-oriented activity. The property’s existing improvements also offer a practical foundation for those looking to grow within a single address rather than piecing together separate sites.
Key Highlights
- 9.33‑acre property with four income‑producing mobile homes
- Large on‑site building with 3,200+ square feet, previously used for a variety of businesses and church gatherings
- 3,200+ SF building offers flexible space for entrepreneurs, community use, or future development
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.1k | $12.84 |
| − Vacancy | −$3.3k | −$1.03 |
| EGI | $37.8k | $11.81 |
| − OpEx | −$17.0k | −$5.32 |
| NOI | $20.8k | $6.50 |
3,200 SF · lease $12.84/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$297.0K
$259.9K – $346.5K
NOI $20,791 @ 7.0% cap · market cap 8.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$623.4K
$545.5K – $727.3K
NOI $43,638 @ 7.0% cap · market cap 17.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
440
Businesses Nearby
Explore this area
Business Placement
Demographics for 61834, IL
7,895
Population
2,811
Households
2.8
Avg Household Size
45
Median Age
20%
College-Educated
86%
High-School Grad
106.9 sq mi
ZIP Area
74
Density / Sq Mi
$80,901
Median Household Income
$42,411
Median Earnings
$853
Median Rent
$162,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - A 9.33-acre park with four income-producing mobile homes and a large on-site building for flexible use.
Where is this mobile home & rv park located?
The property is located at 3117 E Voorhees St Danville, IL.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 9.33‑acre property with four income‑producing mobile homes; Large on‑site building with 3,200+ square feet, previously used for a variety of businesses and church gatherings; 3,200+ SF building offers flexible space for entrepreneurs, community use, or future development
