16902 Dixie Hwy Hazel Crest, IL 60429
This 25-unit mobile home park, situated on 1.43 acres in Hazel Crest, Illinois (60429), presents a compelling investment opportunity. Built in 1981, the property boasts city water and sewer services, with water, sewer, and trash expenses passed on to residents. Currently operating at 44% occupancy, the park averages $507 in monthly lot rent. Its strategic location offers easy access to Interstate 80 and the Tri-State Tollway, providing convenient access throughout the Chicagoland area. A significant advantage is its proximity—a 5-minute drive—to a newly constructed 850,000 sq ft Amazon fulfillment center (Amazon IGQ1), bringing 3,000 new jobs to the area. The park is located 25 miles south of Chicago within a densely populated residential area. The asking price is $590,000. Significant value appreciation potential exists through increased occupancy and lot rent adjustments. This property offers a unique blend of established infrastructure and high growth potential in a rapidly developing region. The address is 16902 Dixie Hwy, Hazel Crest, IL.
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Hazel Crest Mobile Home Community Campground & RV Park
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.