MANTENO - 13 TRAILER MOBILE HOME PARK FOR SALE - Sound investment property with good income. The current owners have taken superb care of all residential units inside and out! New septic system and updated electric finished recently and an additional list of recent repairs and updates available upon request. Fully occupied and listed at a 10 cap rate. Call today!
Multi-familyProperty Type
1999Year Built
1.25 acresLot Size
16 spacesParking
Listed by Buck Tamblyn• McColly Bennett Real Estate
Bought with Buck Tamblyn• McColly Bennett Real Estate
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Kankakee County
APN
03021020000300
Parking Spaces
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Basement
—
Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Apr 9, 2023.
A1
Agriculture District
Agriculture district regulations are designed to regulate the use of land, buildings, and structures, and the uses thereof within the areas of the county where soil and topographic conditions are best adapted to the pursuit of agriculture and the utilization of other natural land resources. This section applies to the A1 district.
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Livestock production
Day care facility
Housing-Single unit
Public service
Fire house
Police station
Recreation
Park & open space
Property details
Parking
Parking Information
# of Parking Spaces: 16
13-18 Outdoor Parking Spaces
Interior
Equipment
# of Ranges: 1
Heating & Cooling
Gas Heating
Wall Sleeve Air Conditioning
Multi-Family Information
# of Units: 13
Tenant Pays Air Conditioning, Tenant Pays Electric, Tenant Pays Heat
Unit 1 Information
# of Units of Type: 9
# of Rooms: 5
# of Beds: 2
# of Baths: 1
Monthly Income: $500
Maximum Monthly Income: $680
Unit 2 Information
# of Units of Type: 3
# of Rooms: 6
# of Beds: 3
# of Baths: 2
Monthly Income: $640
Maximum Monthly Income: $805
Unit 3 Information
# of Units of Type: 1
# of Rooms: 3
# of Baths: 1
Exterior
Building Information
Age: 26-35 Years
Lot Information
Sq. Ft.: 54450
Dimensions: 557.8X295X515.2
State Road
Zoning: OTHER
Property Information
Conversion (Y/N): N
Deconversion (Y/N): N
Current Use: Residential (Multi-Family)
Potential Use: Residential (Multi-Family)
Parcel Identification Number: 03021020000300
Financial
Financial Information
Tax: $6,237.62
Tax Year: 2018
Total Monthly Income: $8,075
Total Annual Income: $96,900
Gross Rental Income: $96,900
Gross Rent Multiplier: 5.14
Net Operating Income: $46,709
Net Operating Income Year: 2019
Cap Rate: 10
Finance Code: Conventional
Utilities
Utility Information
Separate Meters, 0-100 Amps
Location
Location Information
Township: Manteno
Unincorporated
Directions: Property is located North of Manteno on the east side of Rt. 50.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Kankakee County
APN: 03021020000300
Home facts updated by county records on Apr 9, 2023
Other
Expense Information
Total Annual: $50,191
Total Annual Year: 2018
Electricity: $4,308
Listing Information
Known Encumbrances: None Known
Seller Concessions: No
Around this home
Schools
Manteno Middle School
Public 5-8 • Assigned • 1.9mi
8/10
Manteno High School
Public 8-12 • Assigned • 1.7mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Manteno, IL • 60950
Average low and high temperatures (°F)
30
15
39
22
57
35
64
44
71
50
82
63
86
68
81
62
80
56
70
47
51
36
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.