Established Hamilton Estates Housing
661 N 19th St, Hamilton, IL 62341
Call to check price and availability
38-pad manufactured housing community with upside potential in Hamilton, Illinois.
Type:Mobile Home Park
Property size:
643,381 SFLot size:
14.77 AcresPrice / SF:
$1.40/SF- Added:
- Mar 3, 2026
- Days on Market:
- 80
- Last Refresh:
- Mar 16 at 2:07 pm
Property Features for 661 N 19th St
General Information
- Standard status
- Active
- Size
- 643,381 SF
- Lot size
- 14.77 Acres
- Property subtype
- Mobile Home Park
Building Details
- Year Built
- 1967
Listing agent Jon Fisher License #IL 471.020503
Listing office Mr. Landman (217) 202-0924
Listing date Mar 3, 2026
Source Crexi
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 Mr. Landman
HighLights
- Value‑add opportunity through infill of vacant homes and pad sites to increase occupancy and stabilize income.
- Operational and capital improvements implemented by current ownership have enhanced stability and long‑term performance.
- Water usage is submetered and backbilled to residents, increasing efficiency and reducing owner expenses.
- Located outside of a designated flood zone.
- Existing infrastructure in place, including municipal water/sewer and individual metering for electric and natural gas.
- Maintenance technician in place to handle day‑to‑day repairs and upkeep.
Overview
Hamilton Estates is a 38-pad manufactured housing community in Hamilton, Illinois, established in 1967. The property, zoned for mobile home park use, occupies approximately 14.77 acres and is not in a designated flood zone. The community features 31 occupied pads, with a mix of 15 park-owned homes and 15 tenant-owned homes, along with six vacant homes and available pad capacity for additional infill. All vacant pads are suitable for new home placement. The average tenant-owned home lot rent is $325 per month, following a $30 increase in February 2026. Park-owned homes generate approximately $400 per month above the lot rent, with the most recent increase being $25 per month. The property has titles to all park-owned homes except for one unit. Tenants operate under monthly lease agreements and make payments through the Rent Manager portal. The community is served by municipal water and sewer, with water usage submetered and backbilled to residents. Each pad is individually metered for electric and natural gas, billed directly by utility providers, with 100-amp pedestals at each site. Garbage service is provided and backbilled to tenants. The internal road network is asphalt and in average condition, with ongoing maintenance provided. The property is managed remotely by a district manager, with a maintenance technician handling repairs and upkeep. Residents mow their lots, while ownership maintains vacant pads and common areas. Snow removal is provided for main roads, with residents responsible for driveways. The community offers off-street parking. Improvements include a playground, road repairs, distressed home removal, new signage, and water submetering. Future upside exists through infill of vacant homes and pad sites to increase occupancy and stabilize income.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Hamilton Estates Mobile ...
Campground & RV Park
Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Hancock
- State
- Illinois
- Longitude
- -91.329753
- Latitude
- 40.401227
Nearby Similar for Sale
FAQs
What type of property is this?
Mobile home & RV park - 38-pad manufactured housing community with upside potential in Hamilton, Illinois.
Where is this mobile home & rv park located?
The property is located at 661 N 19th St Hamilton, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Value‑add opportunity through infill of vacant homes and pad sites to increase occupancy and stabilize income.; Operational and capital improvements implemented by current ownership have enhanced stability and long‑term performance.; Water usage is submetered and backbilled to residents, increasing efficiency and reducing owner expenses.
