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Mobile Home & RV Park Portfolio
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650 N Dearborn St, Chicago, IL 60654

Two communities offer municipal water and sewer with predominantly resident-owned homes.

Property SizeContact for details
Days on Market142

Property Features for 650 N Dearborn St

General Information

Standard status Active
Property subtype Mobile Home Park
Listing Agency: Sunstone Real Estate Advisors
Listed By: Kolman Bubis · License #IL 475173212
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:00PM

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 Sunstone Real Estate Advisors

Investment Insights

Based on property information with market context.

This portfolio includes two mobile home and RV park communities with a combined 413 sites. Occupancy is reported at 99%, and most homes are owned by residents rather than operated as rentals. Both properties receive municipal water and sewer service, and capital improvements have been completed over the last several years.

The communities are located in the Chicago, Illinois market and are offered together with a small chattel portfolio. The properties are located at 650 N Dearborn St, Chicago, IL 60654.

Key Highlights

  • Two communities with 413 total sites
  • 99% occupancy
  • Municipal water and sewer serve both communities

Property Analytics

Current Use

Core Evolution Gym & Fitness Center Law Office of Edward ... Law Firm John L. McNamara, ... Law Firm Law Offices of James ... Law Firm Law Office of Kevin ... Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Tattoo & Piercing Shop Butcher Buffet Pet Grooming 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

32,702
Businesses Nearby

Demographics for 60654, IL

23,890
Population
17,960
Households
1.3
Avg Household Size
34
Median Age
92%
College-Educated
99%
High-School Grad
0.5 sq mi
ZIP Area
47,780
Density / Sq Mi
$144,831
Median Household Income
$106,856
Median Earnings
$2,571
Median Rent
$495,900
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 - Two communities offer municipal water and sewer with predominantly resident-owned homes.
Where is this mobile home & rv park located?
The property is located at 650 N Dearborn St Chicago, IL.
What are key features of this property?
This property features: Two communities with 413 total sites; 99% occupancy; Municipal water and sewer serve both communities
More about this property
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