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All Seasons & Autumn Oaks MHP 104 Enterprise Dr 48 Unit Mobile Home Park $3,559,596 CAD ($74,158 CAD/Unit) 8.48% Cap Rate Chenoa, IL 61726

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EXECUTIVE SUMMARY

89 lots (expandable to 189 lots)
48 occupied lots
Monthly lot fees from $365 to $435
Add $350,000 for expansion land (currently farmed, solar farm contract available)
No homes included
18.61 acres, 3 parcels (expansion land 14.91 acres, 2 parcels) 33.52 total acres, 5 parcels.
City water & sewer
Great park & community
Interstate 55 & Route 24 (great location)
Call/text (847) 226-7755 or email: mail@LakewoodChapel.us

PROPERTY FACTS

Price $3,559,596 CAD
Price Per Unit $74,158 CAD
Sale Type Investment
Cap Rate 8.48%
Gross Rent Multiplier 11.79
No. Units 48
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
Building Class C
Lot Size 33.52 AC
Building Size 806,731 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1998/2006
Zoning Mobile Home Park - Mobile Home Park

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 03-02-351-015
  • 03-02-378-008
  • 03-02-378-009
  • 03-02-378-010
  • 03-02-351-016
Land Assessment
$289,758 CAD
Improvements Assessment
$97,347 CAD
Total Assessment
$387,105 CAD
  • Listing ID: 35899168

  • Date on Market: 2025-05-16

  • Last Updated:

  • Address: 104 Enterprise Dr, Chenoa, IL 61726

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