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38-Unit Mobile Home Park

601 S STEWART ST, Geneseo, IL 61254

For Sale
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Income-producing community with tenant-owned lots, park-owned homes, storage, and seven infill-ready lots.

Property SizeContact for details
Days on Market60

Property Features for 601 S STEWART ST

General Information

Standard status Active
Property subtype Mobile Home Park
Listing Agency: eXp Commercial, LLC.
Listed By: Jordan Schnoll · License #IL 471000799
Source: Crexi
Added: Sep 11 Changed: Nov 8 Last Checked: Nov 8 at 6:40AM

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 eXp Commercial, LLC.

Rey
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Investment Insights

Based on property information with market context.

This 38-unit mobile home community includes 26 occupied tenant-owned lots, one occupied rent-to-own home, three vacant park-owned homes, and seven vacant lots with existing infrastructure. A vacant storage building provides an additional on-site income component, while the available lots and homes offer defined avenues for further lease-up and infill.

Current economic occupancy is 71.05%. The property includes a mix of lot-based and home-based operations, with ancillary storage space already in place. A portion of the community lies within a designated flood zone; elevation work is an identified consideration for the affected homes.

Key Highlights

  • 38‑unit mobile home community
  • 26 occupied tenant‑owned lots
  • Seven vacant lots with existing infrastructure

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

409
Businesses Nearby

Demographics for 61254, IL

11,587
Population
5,233
Households
2.2
Avg Household Size
46
Median Age
37%
College-Educated
96%
High-School Grad
166.5 sq mi
ZIP Area
70
Density / Sq Mi
$81,141
Median Household Income
$53,634
Median Earnings
$951
Median Rent
$217,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Income-producing community with tenant-owned lots, park-owned homes, storage, and seven infill-ready lots.
Where is this mobile home & rv park located?
The property is located at 601 S STEWART ST Geneseo, IL.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: 38‑unit mobile home community; 26 occupied tenant‑owned lots; Seven vacant lots with existing infrastructure
(847) 644-2757 Call to check price and availability
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