x
Seller Financing
Address
950 North Us Highway 45 North Tuscola, IL
Price
$ 1,600,000
Property Attributes
  • MLS#10110390
  • TypeMulti-Family
  • CountyDOUGLAS
  • CityTuscola
  • AreaArcola - Arthur - Atwood - Bourbon - Camargo - Gar
  • Zip61953
  • StyleResidential-Multi-Family,Residential-Single Family
  • Year Built1970
  • Taxes5349
  • Price$ 1,600,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8 Acres
Listing Provided Courtesy Of:
Coldwell Banker The R.E. Group
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.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
10/12/2018 Listed $1,600,000

General Features

Age 36-50 Years
Built Before 1978 Yes
Electric Expense 10746
Financing Options Owner May Help/Assist
Multi-Family Type Other
Other Expenses 8020
Ownership Type Sole Proprietor
Status Active
Tax Year 2017
Taxes 5349
Total Annual Income 179174
Total Units 42
Unincorporated (y/n) No
Year Built 1970
Zoning COMMR

Interior Features

Board Number 22
Total Monthly Income 10454
Total Stories 1
Unit Type 1 Rooms 7

Exterior Features

Compensation Paid On Gross Sale Price
Acreage 8
Frontage/Access State Road
Lot Dimensions 8 ACRES
Lot Sq Ft 348480
Number of Parking Spaces 80

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 61953

Price
AVG $1.6M
$1.6M
Taxes
AVG $5,349
$5,349
Visits
AVG 68
68
Year Built
AVG 1970
1970