2495 Hill Avenue, Decatur, IL
$275,000
Active
17.25 Acres
About 2495 Hill Avenue
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.
Facts & Features
| MLS® # | 6247472 |
|---|---|
| Price | $275,000 |
| Bathrooms | 0.00 |
| Acres | 17.25 |
| Year Built | 1959 |
| Type | Commercial |
| Sub-Type | Other |
| Status | Active |
| Taxes | $2,587 |
| Tax Year | 2023 |
Community Information
| Address | 2495 Hill Avenue |
|---|---|
| City | Decatur |
| County | Macon |
| State | IL |
| Zip Code | 62526 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Appliances | Water Heater |
|---|---|
| Heating | Other |
| Cooling | None |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Additional Information
| Date Listed | November 11th, 2024 |
|---|---|
| Days on Market | 26 |
| Zoning | MUN |
Listing Details
| Agent | Cole Babcock |
|---|---|
| Office | Vieweg RE/Better Homes & Gardens Real Estate-Service First |