Spring Bay, IL 61611,1012-1016 N LAKE ST
Spring Bay, IL 61611,1012-1016 N LAKE ST
Spring Bay, IL 61611,1012-1016 N LAKE ST
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Listed by AdamJ Merrick • Adam Merrick Real Estate
$199,900
Est. payment /mo
4,728 SqFt
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UPDATED:

12/07/2024 08:07 PM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Pending

Purchase Type For Sale

Square Footage 4,728 sqft

Price per Sqft $42

MLS Listing ID PA1254918

Originating Board rmlsa

Annual Tax Amount $2,307

Tax Year 2023

Lot Dimensions 120X250

Property Description

Come check out this great addition to your rental portfolio. This mobile home park features 6 homes on 6 lots. These are all park owned homes and are rented as such. 5 of the 6 homes are currently rented with one year leases in place. The 6th trailer will need remodeled to get it ready to rent. The property has one well that services all of the homes and each trailer has its own septic tank. Great cash flow currently bringing in $46k per year with the active leases in place and has room for more growth with the remodel of the 6th home. Pre approval/Proof of funds required for interior showings of the homes. Agent Owned.

Location

State IL

County Woodford

Area Paar Area

Zoning RESIDENTIA

Direction SPRING BAY TO ZIMMERMAN TO CAMPBELL LN.

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet

Fireplace N

Exterior

View true

Roof Type Metal

Garage 1

Building

Faces SPRING BAY TO ZIMMERMAN TO CAMPBELL LN.

Sewer Septic Tank

Structure Type Aluminum Siding,Vinyl Siding

Others

Tax ID 07-01-303-005


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Janet Arns

+1(217) 617-0751

Broker | License ID: 475 130570

Broker License ID: 475 130570

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