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100 Edgewood Trailer Court Clinton, IL 61727
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Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10305453
Sold Date 02/20/20
Year Built 1960
Annual Tax Amount $9,926
Tax Year 2017
Lot Size 4.000 Acres
Lot Dimensions 4 ACRES
Property Description
Edgewood MHP is a 39-pad community located on four acres in Clinton, IL. The park is on city water & sewer. Each pad has its own meters for electric, water, & gas; and all of the utilities are directly billed to the tenants. The underground pipe materials are copper & clay. The road thru the park is oil & chip asphalt and in good shape (few potholes from the winter will be fixed by owner). The park is compliant in zoning as 0060. The park is licensed and in good standing with the Illinois Department of Health. The park is a mixture of POH & TOH's. Currently 18 POH's are rented, two are vacant. 5 TOH's are paying $175 per month. The park has an empty laundry mat that is currently empty. It could possibly be converted into an apartment or put back into a laundry mat. The owner has done a nice job keeping the POH's looking good with routine paint and power-washing. This is a park that has generated outstanding income for the owner for 25 years!
Location
State IL
County De Witt
Interior
Fireplace N
Exterior
View Y/N true
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Bought with Christopher Lau • Top Realty, Inc