Decatur, IL 62526,2495 Hill Avenue
Decatur, IL 62526,2495 Hill Avenue
Decatur, IL 62526,2495 Hill Avenue
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$275,000
Est. payment /mo
17.25 Acres Lot
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UPDATED:

11/17/2024 06:07 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12208278

Year Built 1959

Annual Tax Amount $2,587

Tax Year 2023

Lot Size 17.250 Acres

Property Description

Value-add opportunity with this mobile home park located on a spacious 17.25-acre.This property offers 18 mobile home pads, with 8 mobile homes currently on-site, providing immediate rental income and room for substantial expansion. Ample space for growth, additional pads, or redevelopment potential. 18 Mobile Home Pads: Currently 8 of the pads are occupied with homes, leaving room to develop and add more units to maximize returns. Utilities in Place: The site is equipped with necessary utilities, making it ready for immediate improvements or additional homes. Value-Add Potential: Significant opportunity for increasing revenue through infill of vacant pads and upgrading existing infrastructure. Convenient Location: Located in a quiet, with close proximity to major roadways and local amenities.With a mix of current income and tremendous upside potential, this mobile home park is ideal for investors looking for a hands-on project with room to grow.

Location

State IL

County Macon

Interior

Fireplace N

Exterior

Utilities Available Well-Community, Septic-Private

Waterfront false

View Y/N true


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Listed by Cole Babcock • Vieweg RE/Better Homes & Gardens Real Estate-Servi

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Naperville Luxury Homes

+1(847) 687-3424

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