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900 Regan Rd Rock Falls, IL 61071

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Cash-flowing mobile home park with value-add potential in Rock Falls.

Lot size:
20.00 Acres

Property Features for 900 Regan Rd

General Information

Standard status
Active
Lot size
20.00 Acres

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Listing Contact
Glenn Esterson
Source: Crexi

Listing Agency: Marcus & Millichap - Charlotte Uptown Listing Agent: Glenn Esterson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Riverside MHC Investment Opportunity

Riverside MHC, located in Rock Falls, IL, presents a value-add investment opportunity. This mobile home community features 109 lots. The community includes 65 tenant-owned homes, 1 rent-to-own home, 4 vacant park-owned homes, and 39 vacant lots, offering an infill opportunity. The average lot rent is $320, with market lot rent estimated at $375. The property is serviced by public water and sewer, which is directly billed to tenants. Trash is provided via curbside bins, also direct billed to tenants. Roads are paved and privately maintained and in average condition. The park lies partially within a flood zone. Located along the I-88 corridor connecting Chicago to the Quad Cities, Rock Falls and neighboring Sterling serve as a key economic region in northwest Illinois. Rock Falls is home to major employers such as Wahl Clipper Corporation, E.D. Etnyre & Co., and Self Help Enterprises, while the broader area benefits from a stable workforce and access to regional healthcare, education, and light manufacturing. The community offers access to the scenic Rock River, walkable neighborhoods, and a growing demand for affordable housing.
Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Building Supply Gym & Fitness Center Auto Repair Shop Daycare Center Department Store Hotel & Motel Nursing Home Nursing Home Garden Center Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Rock Falls
County
Whiteside
State
Illinois
Longitude
-89.7430306
Latitude
41.7740868

FAQs

What type of property is this?
Mobile home & RV park - Cash-flowing mobile home park with value-add potential in Rock Falls.
Where is this mobile home & rv park located?
The property is located at 900 Regan Rd Rock Falls, IL.
What are key features of this property?
This property features: - Cash-flowing mobile home community (MHC) with 109 lots, currently operating at a 7.0% cap rate.; - Value-add investment opportunity with significant upside potential through increased occupancy (39 vacant lots) and rent growth (current average lot rent $320 vs. estimated market rent of $375).; - Potential for over 27% cash-on-cash returns by filling vacant lots and adjusting rents to market rates.
More about this property
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