SIGN UP CUSTOMER LOGIN
Main Photo

11 Total Photos [Click to View All]

Main Photo
Main Photo

111 Devan Drive Murphysboro, IL 62966

$925,000
New / MLS# 12583844 / Commercial - Business / Murphysboro
0 Beds

Income-producing, state-licensed mobile home park on 8.8 acres featuring 8 doublewide homes with room to grow. Current homes utilize only about half of the acreage, leaving a substantial expansion area that has already been surveyed and approved for up to 8 additional doublewides. The expansion is permitted through the State and already included in the mobile home park license-a major value add that can be difficult to obtain. The property also offers a commercial-front area with a large 90' x 280' concrete pad, providing added flexibility for future use (subject to local requirements). Average rent is approximately $800 per unit. Each home is on city waterwith a water main sized to support additional homes; Ameren is the electric provider. Homes are served by individual septic systems (no city sewer). All existing homes carry the mobile home privilege tax, and the additional approved home sites would as well if installed. Property tax averages ~$150 per home annually, with land tax approximately $2,500/year (buyer to verify). A rare opportunity to purchase an established park with immediate cash flow and built-in expansion potential.

Read More » Read Less »

Baird & Warner Jeffrey Schwartz Email

Property Details

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.63 Acres
Stories: 1.0
Taxes: $2,677
Year Built: 2020

Feature Descriptions

Current Use: Commercial, Other
Electric: Ameren
Exterior: Vinyl Siding
Fire Protection: Other
Foundation: Other
Frontage Type: Frontage Road
HVAC: Electric, Gas
Lot Dimensions: 8.800
Parcel#: 0922300011
Parking: 31-50 Spaces
Potential Use: Commercial, Multi-Family
Units: 8
Utilities: Electric to Site

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX REALTY CENTRAL

Listing Office Phone: 618-457-4663



Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Login to my Baird & Warner account

Pixel