Property summary
This exceptional investment opportunity presents a 31-unit mobile home park situated on a 3.18-acre lot in Manteno, Illinois, a rapidly growing Chicago suburb. The property, built in 1975 with ongoing renovations, boasts 138,520 square feet of net rentable space and features 31 pads, currently 96% occupied as of July 17, 2024. The park generates a current NOI of $82,542, with a pro-forma NOI projected at $162,728, reflecting significant upside potential. The asking price is $1,000,000,… representing a current cap rate of 8.25% and a pro-forma cap rate of 16.27%. Twenty-eight of the occupied pads are tenant-owned homes (TOHs) averaging $455 per month in rent, with one vacant pad and a single-family residence (SFR) currently renting for $875 per month. The SFR has significant rental upside potential. Recent improvements include significant upgrades to the well and septic systems, road repairs, and the rehabilitation and sale of several park-owned homes (POHs). The park is served by a private well and septic system with PVC Schedule 40 underground piping and 100-amp electrical pedestals. Water, sewer, and garbage removal are included in the lot rent. Tenants are responsible for their own electricity (ComEd) and gas (Nicor). The park is zoned 0060 (improved commercial) and is not located in a flood zone. The property includes a park survey and is offered fee simple. Significant opportunities exist to increase lot rents (currently averaging $455/month, with market rates closer to $600/month), lease the vacant storage units, and increase the SFR rental income. Manteno offers a strong local economy, with a median home cost of $274,900 and a median household income of $83,625. The village boasts an A+ school rating and low crime rates. This property presents a compelling investment opportunity with substantial potential for growth and increased profitability.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Nov 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 3.24 ac
- APN
- 03-02-10-200-007
- Assessed value · 2023
- $177,781
- Annual tax · 2023
- $15,913
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $15,913
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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