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Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12788075
Annual Tax Amount $5,819
Tax Year 2025
Lot Dimensions 12.94 acres
Property Sub-Type Bus / Bus w/Real Est
Property Description
Available for purchase, Rolling Meadows Manufactured Housing Community, located on a site of 563,665 SF (12.94 acres) of total land area in Abingdon, Illinois. Property consists of 4 parcels with 21 home sites for manufactured homes. Current occupancy is 38.1%. Sites rent at $320 per month. Site condition is considered average to fair, with good upward potential. There are utilities at each site. Gross potential income is at $80,640, with a capitalization rate of 9.9%, when fully stabilized. Tax rate is very reasonable, price to sell. Take a look and walk the site and see the upward potential. Please do not disturb any tenants.
Location
State IL
County Knox
Area Abingdon
Zoning MANUF
Interior
Cooling None
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Nearby, Sewer Connected, Water Nearby
Building
Dwelling Type Bus / Bus w/Real Est
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ira Lauter of L & B All Star Realty Advisors LLC