17-Site Mobile Home
For Sale
Contact for pricing
Pending
550 E SMITH Avenue, Du Quoin, IL 62832
Trail Acres is a 17-site mobile home community with tenant-owned homes, park-owned units, abandoned structures, and vacant lots with infrastructure.
Property SizeContact for details
Days on Market139
Property Features for 550 E SMITH Avenue
General Information
Standard status
Pending
Property subtype
Land
Listing Agency:
Legacy Land & Homes of Illinois
Listed By:
Kathy Patterson
Source:
Crexi
Added: Apr 24
Changed: Sep 8
Last Checked: Jul 24 at 2:08PM
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 Legacy Land & Homes of Illinois
Investment Insights
Based on property information with market context.
Trail Acres is a 17-site mobile home community in Du Quoin, Illinois. The park includes five tenant-owned homes with an average lot rent of $225 per month, along with two occupied park-owned homes at $400 per month. There are also five abandoned homes, with four of those units described as potentially rehabbed, and five vacant lots with infrastructure in place.
Public remarks indicate the community has been under-managed due to the sellers being out of state, resulting in collection issues and underperformance. The stated investment approach is to improve management and collections, infill vacant lots, and raise lot rents toward market levels (described as $300+/month).
A new buyer also has the opportunity to acquire the property with seller financing terms, with the seller willing to hold a note for approximately $170,000 at a 6.5% interest rate with interest-only payments for a five-year term.
Public remarks indicate the community has been under-managed due to the sellers being out of state, resulting in collection issues and underperformance. The stated investment approach is to improve management and collections, infill vacant lots, and raise lot rents toward market levels (described as $300+/month).
A new buyer also has the opportunity to acquire the property with seller financing terms, with the seller willing to hold a note for approximately $170,000 at a 6.5% interest rate with interest-only payments for a five-year term.
Key Highlights
- 17‑site mobile home community in Du Quoin, IL
- Includes 5 tenant‑owned homes with average lot rent of $225/month
- Two occupied park‑owned homes collecting $400/month
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 62832, IL
8,921
Population
4,256
Households
2.1
Avg Household Size
43
Median Age
13%
College-Educated
89%
High-School Grad
97.9 sq mi
ZIP Area
91
Density / Sq Mi
$57,324
Median Household Income
$34,955
Median Earnings
$716
Median Rent
$94,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Trail Acres is a 17-site mobile home community with tenant-owned homes, park-owned units, abandoned structures, and vacant lots with infrastructure.
Where is this mobile home & rv park located?
The property is located at 550 E SMITH Avenue Du Quoin, IL.
What are key features of this property?
This property features: 17‑site mobile home community in Du Quoin, IL; Includes 5 tenant‑owned homes with average lot rent of $225/month; Two occupied park‑owned homes collecting $400/month
