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Nikki Mayer
Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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551-564 Clarence Avenue
Watseka, IL 60970
Iroquois, US
$2,000,000.00 listing calculator
Status: Contingent (For Sale)
Type: Commercial
Lot Size: 4.94 Acres
Year Built: 1990
MLS ID: 11093257


Overview
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GILMAN/WATSEKA - FOR SALE - 54 TOTAL UNITS - SUBSIDIZED SENIOR HOUSING - All 2 unit buildings (27 total buildings plus 1 office/recreational building) 42 units in Watseka, 12 units in Gilman. Currently tied into Rural Development/USDA loans and subsidized via USDA/RD/HUD. Any and all buyer must be qualified to acquire USDA/RD properties to continue with the subsidy structured payments. 48 - one bedroom units and 6 two bedroom units. Properties are in "Good" condition. Out of state owners are looking to liquidate their Illinois assets. Financials available to qualified buyers.

Courtesy Of: McColly Bennett Real Estate


Feature Highlights


  • Additional Parcels

General Features


List Date:
05/19/2021

Exterior Features and Amenities


Lot Size Dimensions:
4.94 AC

Financial


Purchase Contract Date:
2021-08-24
Days On Market:
1187
Tax Annual Amount:
$27,600.00
Tax Year:
2020


Directions


US 45 / 52 S to IL 49 to Main St. to W. Walnut to N Eighth to E Elm to N. Clarence.

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2024-11-15
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