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Manufactured Housing Mobile Home Park For Sale • 33,600 SF
| Significant value-add potential through infill of vacant sites with new or used park-owned-homes, and tenant-owned-home rentals |
| In-Place NOI = $150,000 at 100% current physical occupancy |
| Stabilized / leased-up proforma NOI is in excess of $300,000 |
| The property features the lowest lot rents in the market, providing safe, clean, quiet, and affordable housing within the greater Chicago area |
| Conveniently located across from Lincoln Elementary School and just minutes from I-57, I-294, and major area employers |
| ±100,000 people reside within 5-miles of the property with a median household income of $55,000 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 4 min | - | 2.0 mi | |
| Blue Island - Vermont Street Station (Metra Electric Line - Northeast Illinois Regional Commuter Railroad (Metra), Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 8 min | - | 4.0 mi |
| Airport | Drive | Walk | Distance |
| Chicago Midway International | 27 min | - | 15.8 mi |
| Chicago O'Hare International | 52 min | - | 37.5 mi |
Ryan Wilner
Friedman Real Estate
Ryan Wilner
Friedman Real Estate
