950 N Us Highway 45

    Tuscola, IL 61953
    • $1,600,000
    • STATUS: Active
    • ON SITE: 162 days
    • MLS #: 10110390
    UPDATED: 33 min ago
    $1,600,000
    • 0
      BEDS
    • 8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:
    Area:

    School Ratings & Info

    Description

    If you're looking for a park to come in and fix up...this one's not for you. This is without a doubt the most professionally managed MHP that I have come across in my time as a broker. Pad rental income alone has risen 266% since the current owner purchased the park back in 2006. The owner has recently decided to retire and travel the country. Tuscola is NOT your typical small Illinois farm town. Although only boasting a population of around 10,000 residents, it offers some very unique characteristics. First off it is rich in transportation assets due to its centralized location. It is positioned at the Intersection of Interstate 57, US Hwy 36, & US Hwy 45. It is centrally located between the larger communities of Champaign, Decatur, and Mattoon-Charleston. Tuscola is home to a Tanger Outlet Mall, and also has several large industrial enterprises.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Success Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Keller Williams Success Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-03-24T15:51:21.007.

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    www.lewkepartners.com/homes/88438127

    950 N Us Highway 45 Tuscola, IL 61953

    • Price: $1,600,000
    • Status: Active
    • Updated: 33 min ago
    • MLS #: 10110390
    0
    Beds
    0
    Baths
    0
    ½ Baths
    8
    Acres
    1970
    Built
    Neighborhood:
    Ccar-South
    County:
    Douglas
    Area:
    Ccar-South
    Property Description
    If you're looking for a park to come in and fix up...this one's not for you. This is without a doubt the most professionally managed MHP that I have come across in my time as a broker. Pad rental income alone has risen 266% since the current owner purchased the park back in 2006. The owner has recently decided to retire and travel the country. Tuscola is NOT your typical small Illinois farm town. Although only boasting a population of around 10,000 residents, it offers some very unique characteristics. First off it is rich in transportation assets due to its centralized location. It is positioned at the Intersection of Interstate 57, US Hwy 36, & US Hwy 45. It is centrally located between the larger communities of Champaign, Decatur, and Mattoon-Charleston. Tuscola is home to a Tanger Outlet Mall, and also has several large industrial enterprises.
    Exterior Features

    Frontage Access State Road Lot Dimensions 8 ACRES Lot Sq Ft 348480 Number Of Parking Spaces 80

    Interior Features

    Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 3 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Full Bathrooms Type1 2 Number Of Full Bathrooms Type2 2 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 7 Number Of Rooms Unit2 7 Number Of Rooms Unit3 0 Number Of Rooms Unit7 0 Number Of Stories 1 Number Of Units Apt Type1 16 Number Of Units Apt Type2 10 Number Of Units Apt Type3 0 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Repairs Decor Expense 6527

    Property Features

    Age 36-50 Years Built Before1978 YN Yes Current Use Residential-Multi-Family Electricity Expense 10746 Expense Year 2017 Fuel Expense 699 Gross Rental Income Amount 14931 Heat Ventilation None Insurance Expense 6507 Janitor Expense 0 Monthly Income Max1 195 Monthly Income Max2 600 Net Oper Income Amount 12545 Net Operating Income Year 2017 Other Expenses 8020 Possession Closing Potential Use Residential-Multi-FamilyResidential-Single Family Sale Terms Owner May Help/Assist Tax Year 2017 Taxes 5349 Tenant Pays Air ConditioningElectricHeatWater/SewerVaries By Tenant Total Annual Exp 53693 Total Annual Income 179174 Total Monthly Income 10454 Township Tuscola Type Multi Family Other Unincorporated YN No Water Expense 10871 Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Coldwell Banker The R.E. Group.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Success Realty. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Keller Williams Success Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2019-03-24T15:51:21.007.

    Digital Millennium Copyright Act
     
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