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665 W Wilmot St 4 Unit Mobile Home Park $110,000 ($27,500/Unit) Chillicothe, IL 61523
Investment Highlights
- Three (3) Leased Lots & One (1) Single-Family Rental
- 0.57 Acre Lot | Zoned C-2
- $1,725 Gross Monthly Rent
Executive Summary
Unique investment opportunity to add to your portfolio! Commercial lot with current cash flow and future upside. This C-2 zoned property on over half an acre includes an updated single-family rental home plus additional income from existing mobile home lot rentals. While no additional mobile homes may be added, the property offers strong potential as along-term commercial investment with interim income already in place. Ideal opportunity for an investor looking to offset holding costs while planning for future redevelopment, commercial use, or repositioning. All tenants have their own Ameren meters and water lines have a submeter system installed for easy billback of water and sewer usage. Single Family home is a 2 bed, 1 bath with recent updates: roof, flooring, tile shower, drain line, water lines, furnace, water heater and a light kitchen remodel within the last 3 years. House rents for $975 and the 3 lots rent for $250 each.
Property Facts
| Price | $110,000 | Lot Size | 0.57 AC |
| Price Per Unit | $27,500 | Building Size | 900 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | C-2 | ||
| Price | $110,000 |
| Price Per Unit | $27,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Lot Size | 0.57 AC |
| Building Size | 900 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | C-2 |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
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665 W Wilmot St
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