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    101 Poplar St De Soto, IL 62924

    • Small apartment buildings
    For Sale
    View listing
    $85,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-3492403
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Small apartment buildings

    Property Details for 101 Poplar St

    Property type
    Small apartment buildings

    Description

    This exceptional investment opportunity presents an 8-unit mobile home park situated on six plots of land in De Soto, Illinois, at 101 Poplar Street, zip code 62924. Priced at $95,000, this property offers significant potential for immediate and future income generation. Currently, the park includes two vacant lots with utilities already in place, ready for immediate occupancy and increased revenue. Three landlord-owned trailers are on-site; one is currently rented, one is ready for rental (with inquiries already received), and one is used for storage but could be renovated for rental income. Three additional lots are occupied by tenant-owned trailers, generating consistent monthly lot rent. One of these tenant-owned trailers is expected to be sold soon, further enhancing the property's income potential. This mobile home park is one of the few state-registered parks in the area, providing a competitive advantage. This property is ideal for both seasoned and new investors seeking a strong return on investment with significant upside potential. The property's location in Jackson County, Illinois, offers easy access to local amenities and transportation. This is a turnkey operation with immediate cash flow and the potential for significant growth.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    De Soto
    County
    Jackson
    State
    Illinois
    Longitude
    -89.2242011
    Latitude
    37.8158788

    Comparable in this City

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      DeSoto, IL Mobile Home Park

      High cash flowing mobile home park with expansion potential.
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      DeSoto, IL Prime Forest Land

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    Similar Nearby for Sale

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      Grand Tower Multifamily Investment Opportunity

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    • $85,000
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      DeSoto, IL Mobile Home Park

      High cash flowing mobile home park with expansion potential.
      101 Poplar St, De Soto, IL 62924
      View Details
    • $1,950,000

      Prime De Soto Meat Processing Plant

      Successful, established meat processing business for sale.
      422 Mine Rd, De Soto, IL 62924
      View Details
    • $699,000
      96.61 Acres

      96-Acre Estate with Income Potential

      96.61-acre estate featuring tillable ground, hunting, and comfortable home.
      53 Private Rd, De Soto, IL 62924
      View Details
    • $60,000
      9.05 Acres

      DeSoto, IL Prime Forest Land

      Nine acres of forest land suitable for commercial or residential use.
      N Us Highway 51, De Soto, IL 62924
      View Details
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    101 Poplar St
    De Soto, IL 62924
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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