• Woodlawn Mobile Home Park - 1501 W 4th St, Sterling, IL 61081

For Sale

Office

For Sale

This property is available for sale
5.15
Acres
$795,000
Sale Price
  • Overview

    Package includes 32 licensed lots with 6 park owned mobile homes that are rented, for sale, or in the process of being rehabbed.​​​​ There are an additional 8 park-owned homes that have been sold on contract with a remaining balance of approx $65,000 - owner will sell all 8 contracts for $35,000.​​​​ There is 1 vacant lot, and the remaining 17 lots are owner occupied.​​​​ Also located within the park, and included in the package, are 5 single family homes, a 10-unit efficiency apartment building, and a commercial restaurant building.​​​​ Located in Sterling, Illinois (pop. 15,370) -Situated along the Rock River, located in Northwestern Illinois on the eastern edge of Whiteside County. Located along major US thoroughfares, and in a central location in relation to Chicago, the Quad Cities, Rockford, and Peoria. Easy access to these larger cities makes the area popular for residents who appreciate the qualities of living in a smaller town, yet still want to make the most of the big city attractions within a short drive.

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Property Details

Package includes 32 licensed lots with 6 park owned mobile homes that are rented, for sale, or in the process of being rehabbed.​​​​ There are an additional 8 park-owned homes that have been sold on contract with a remaining balance of approx $65,000 - owner will sell all 8 contracts for $35,000.​​​​ There is 1 vacant lot, and the remaining 17 lots are owner occupied.​​​​ Also located within the park, and included in the package, are 5 single family homes, a 10-unit efficiency apartment building, and a commercial restaurant building.​​​​ Located in Sterling, Illinois (pop. 15,370) -Situated along the Rock River, located in Northwestern Illinois on the eastern edge of Whiteside County. Located along major US thoroughfares, and in a central location in relation to Chicago, the Quad Cities, Rockford, and Peoria. Easy access to these larger cities makes the area popular for residents who appreciate the qualities of living in a smaller town, yet still want to make the most of the big city attractions within a short drive.

  • Property Type
    Office
  • Sale Price
    $795,000
  • Total Acres
    5.15
  • Zoning
    MR-6, MR-10
  • Last updated
    Jan 12, 2021
  • Property ID
    2165989

Landlord's Sales Representative

  • Laura Pritts
    Coldwell Banker Commercial Real Estate Group