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Manufactured Housing Community

500 East Church Street, North Utica, IL 61373

For Sale
Contact for pricing

Park-owned and tenant-owned homes, vacant homes, and an on-site shop/office building comprise the property.

Property SizeContact for details
Days on Market20

Property Features for 500 East Church Street

General Information

Standard status Active
Property subtype Mobile Home Park
Zoning Manufactured Housing
Occupancy 86%

Financials

Asking Price $480,000
Gross Income $115,800

Units

Multifamily Units 14
Mobile Home Lots 15
Park-Owned Homes 10

Additional Details

Tenant in Place Yes
Listing Agency: The MHP Broker
Listed By: Spencer Schelp · License IL 471.018686
Source: Crexi
Added: Oct 21 Changed: Nov 8 Last Checked: Nov 8 at 3:04PM

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 The MHP Broker

Rey
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Investment Insights

Based on property information with market context.

This manufactured housing community at 500 East Church Street in North Utica contains 15 lots and is 86% occupied. The site includes 10 park-owned homes, two tenant-owned homes on lot rent, and two vacant park-owned homes. A 2,000-square-foot shop/office building is also on the property and is not currently leased.

The land is zoned Manufactured Housing and is entitled for 42 pads; the park previously had that pad count. Village sewer is 25 feet from the northwest corner of the main parcel. Starved Rock State Park is minutes away.

Key Highlights

  • 15‑lot manufactured housing community with 86% occupancy
  • 10 park‑owned homes, 2 tenant‑owned homes, and 2 vacant park‑owned homes
  • 2,000‑square‑foot shop/office building on site

Property Analytics

Lease Details

14
Residential units
86%
Occupancy

Location Intelligence

Trade Area within ½ mile

Demographics for 61373, IL

1,976
Population
930
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
96%
High-School Grad
47.0 sq mi
ZIP Area
42
Density / Sq Mi
$102,639
Median Household Income
$52,708
Median Earnings
$1,310
Median Rent
$222,600
Median Home Value

Market

Properties on Market for Mobile home & RV parks in LaSalle County

Jul
Aug
Sep
Oct

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 - Park-owned and tenant-owned homes, vacant homes, and an on-site shop/office building comprise the property.
Where is this mobile home & rv park located?
The property is located at 500 East Church Street North Utica, IL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: 15‑lot manufactured housing community with 86% occupancy; 10 park‑owned homes, 2 tenant‑owned homes, and 2 vacant park‑owned homes; 2,000‑square‑foot shop/office building on site
(217) 823-3110 Call to check price and availability
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