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.
| MLS # | 12788075 |
|---|---|
| Listing Type | For Sale |
| Style | Bus / Bus W/real Est |
| Building Name | Rolling Meadows |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 8 |
| Listing Provided By | L & B All Star Realty Advisors LLC | Ira Lauter |
| Zoning | MANUF |
|---|---|
| Acreage | 12.94 |
| Cooling | None |
|---|
| Utilities | Electric to Site, Natural Gas Nearby, Sewer Connected, Water Nearby |
|---|
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 5819.68 |
| State | IL |
|---|---|
| County | Knox |
| City | Abingdon |
| Zip Code | 61410 |
| Area | Abingdon |
| Listing VS Median (in 61410) | |
Price: $80,000 low | high Med: $0 On site: 8 low | high Med: | |
| State | IL |
|---|---|
| County | Knox |
| City | Abingdon |
| Zip Code | 61410 |
| Area | Abingdon |
| Listing VS Median (in 61410) | |
Price: $80,000 low | high Med: $0 On site: 8 low | high Med: | |