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Mobile Home Park Income Property
For Sale
$99,000

5208 Walsh Road, Walsh, IL 62297

MULTI_FAMILY - Walsh, IL

Property Size924 SF
Lot Size1.35 Acres
Price / SF$107.14
Days on Market48

Property Features for 5208 Walsh Road

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bathroom 4, Bedroom 2
Parking features Off Street
Appliances Electric Water Heater
Elementary school SPARTA DIST 140
Middle school SPARTA DIST 140
High school Sparta
Elementary school district SPARTA DIST 140
Middle school district SPARTA DIST 140
High school district SPARTA DIST 140
Directions From Palestine Road crossroad, go straight onto Walsh Road. On the right, one mobile home sits on Walsh Road, the other sits on Shawneetown Trail. Private gravel road runs on the right side of the mobile homes.
Standard status Active
APN 11-025-008-00
Size 924 SF
Lot size 1.35 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description 562/167 30/317 494/284 503/397 2019R00215 PT NE NE
Tax Annual Amount 852
Legal Description 562/167 30/317 494/284 503/397 2019R00215 PT NE NE

Utilities

Sewer type Septic Tank
Heating system Electric (Heating), Forced Air
Cooling system Electric, Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1986
Number of units 2
Listing Agency: Worth Clark Realty
Listed By: Robin Bert · License #471.021195
Added: Jun 15 Changed: Jul 29 Last Checked: Aug 1 at 2:06AM
MLS# 25008096

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This income property includes two well-maintained mobile homes, each with approximately 924 square feet. The yard is flat and spread out, with an open middle section that could support additional development. There is room for a third mobile home, and a septic tank is already in place.

Public water serves the property, and electric is provided through Egyptian Electric. Per the remarks, tenants pay all utilities. Leases are in place through February 2026.

Showings are limited to serious buyers with preapproval letters, and tenant rights will be respected. Allow 24 hours’ notice for showing requests.

Key Highlights

  • Two 924 SF mobile homes on 1.25 acres with long‑term tenants
  • Leases in place until Feb 2026
  • Flat property with open middle section for potential building

Property Analytics

Current Use

Mobile home & RV ...

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

Demographics for 62297, IL

378
Population
175
Households
2.2
Avg Household Size
45
Median Age
3%
College-Educated
85%
High-School Grad
22.6 sq mi
ZIP Area
17
Density / Sq Mi
$78,487
Median Household Income
$59,722
Median Earnings
$1,079
Median Rent
$301,700
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 - Two well-maintained mobile homes generate rental income with leases extending until February 2026.
Where is this mobile home & rv park located?
The property is located at 5208 Walsh Road Walsh, IL.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Two 924 SF mobile homes on 1.25 acres with long‑term tenants; Leases in place until Feb 2026; Flat property with open middle section for potential building
More about this property
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