2495 Hl Ave, Decatur, IL 62526-1583
- Mobile home & RV parks
- 17.25 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 2495 Hl Ave
- Lot size
- 17.25 lot acres
- Zone code
- MUNICIPAL
- Property type
- Mobile home & RV parks
- APN
- 04-12-04-278-001
- APU
- 41204278001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 3, 2026 | $175,000 | Miramar Investment Group LLC | Macon Parks LLC | Warranty Deed | $131k · Macon Parks LLC |
| May 24, 2024 | $800,000 | Macon Parks LLC | Brandon Lockhart | Warranty Deed | — |
| Apr 29, 2024 | — | Brandon Lockhart | Macon County Rental LLC | Quit Claim Deed · related | — |
| Dec 20, 2018 | $54,000 | Lockhart Real Estate LLC | Eric Hintersteiner | Warranty Deed | $120k · First Bank & Trust |
| Jan 12, 2009 | $100,000 | Eric Hintersteiner | Theresa J Robinson | Warranty Deed | — |
| Jan 12, 2009 | — | Eric Hintersteiner | Eric Hintersteiner | Intrafamily Transfer · related | $84k · First Mid Illinois Bank & Trust NA |
Description
This exceptional value-add opportunity presents a 17.25-acre mobile home park in Decatur, Illinois, at 2495 N Hill Ave. The property boasts 18 pads, currently housing 8 mobile homes, generating a net operating income (NOI) of $17,813. This translates to a strong cash flow with significant upside potential. The substantial lot size offers ample room for expansion, allowing for the addition of more mobile homes to maximize rental income. Existing utilities are in place, simplifying any improvements or additions. The park's location in Decatur provides convenient access to major roadways and local amenities, catering to the demand for affordable housing in a densely populated area. This property is an ideal investment for those seeking a hands-on project with considerable growth potential. The asking price is $275,000. The property's parcel number is 04-12-04-278-001. The property is classified as Class D.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $800,000
- ML approach
- $800,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Decatur
- County
- Macon
- State
- Illinois
- Longitude
- -88.9762
- Latitude
- 39.8706
- CBSA code
- 19500
- CBSA name
- DECATUR, IL METROPOLITAN STATISTICAL AREA