Listing Agency: eXp Commercial, LLC.

Listed By: Jordan Schnoll · License #IL 471000799 Show Phone

Source: Crexi

Added: Sep 11 Changed: Oct 13 Last Checked: Oct 16 at 7:48AM

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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

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Current Use

AVON by Roger (Bike/Boat/Book/etc) Store Beth's Avon Boutique Cosmetic Store

Suggested Use

Top Pick HVAC Service Plumbing Service Big Box & Wholesale Store Garden Center Law Firm Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

409

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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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 $950,000.

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