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6208 Lawn Ave
Hodgkins, IL 60525
Valley Oaks · Multifamily Property For Sale · 129,000 SF

PROPERTY FACTS

No. Units 130
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 8.90 AC
Building Size 129,000 SF
Average Occupancy 92%
No. Stories 1
Year Built 1960
Parking Ratio 0.8/1,000 SF

ABOUT 6208 LAWN AVE , HODGKINS, IL 60525

The property will be sold at auction subject to a minimum bid of $6.55 Million on August 8. Call or email for details. Please provide your full name, company name, mailing address and telephone number for more information. 2017 NOI - $601,000 85% leased Municipal water and sewer Surrounded by shopping, AMC theater, restaurants & Arie Crown Forest Preserve Parking area lighting Valley Oaks MHC is located minutes from Chicago’s in the Village of Hodgkins with frontage on East Avenue, near Interstates 55 (Stevenson Expressway) and 294 (Tri-State Tollway). Valley Oaks is ideally situated next to a new AMC Lowes Quarry Cinemas14, Target, Sam’s Club, Menards, and the Quarry Mall. The community backs to the Theodore Stone Forest. All of these village amenities lead to the historically high occupancy of this community. This particular location raises the potential for astute investor to consider many alternative future uses. Valley Oaks Mobile Home Community, 130 Homesites & 2 Park Owned Homes Sold subject to a Minimum Bid of $6,550,000 CAP Rate at Min Bid 9.2% 2017 NOI - $601,000 Valley Oaks MHC is a successful MHC. Located in Chicago's southwest suburb of Hodgkins. Hodgkins, Illinois is a quiet town with tree lined streets, parks and playgrounds and nature preserves nearby, Located in Cook County, Illinois. Every year there is a village picnic. At the end of summer residents fill the park for two days of entertainment, games, food and fun. Hodgkins is an Enterprise Zone in the center of a transportation hub. Surrounded by major rail lines, Interstate highways and two major airports which attract the transportation and manufacturing industries and are excellent tenant generators Inspections: 10:30 A. M. - July 10, 24, & 31. Please note: Inspections begin promptly. Please give us a call at 312.278.0600 extension 101 in advance of the inspection to let us know you will be attending and to send you more information. A Bidder's Information Packet is required to bid. The packet includes: auction and property information, title report, survey, real estate tax bill, local information, auction purchase and sale agreement, and terms of sale. Bidder's Information Packets are available in PDF format for $30.00. To order your Packet or call us at 312.278.0600 ext. 101 or email us at info@fineandcompany.com

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 18-21-201-008-0000
  • 18-21-201-010-0000
  • 18-21-201-009-0000
Land Assessment
$193,815
Improvements Assessment
$503,962
Total Assessment
$697,777
  • Listing ID: 12913864

  • Date on Market: 6/15/2018

  • Last Updated:

  • Address: 6208 Lawn Ave, Hodgkins, IL 60525

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