$2,530,000
Est. payment /mo
15.49 Acres Lot
Pending
2530 S Main Street Rockford, IL 61102
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Pending
Purchase Type For Sale
Subdivision Il
MLS Listing ID 202505101
Annual Tax Amount $10,525
Tax Year 2024
Lot Size 15.490 Acres
Property Sub-Type Land
Property Description
Prime Investment Opportunity – Mobile Home Park with Expansion Potential. Situated on 15.49 acres, this established mobile home park presents a rare opportunity to acquire a high-performing asset with significant upside. Currently licensed for 96 spaces, the park includes 32 income-producing trailers, 6 additional trailers ready to be rented/renovated, and 14 fifth-wheel sites. With infrastructure already in place, investors have the flexibility to enhance cash flow by stabilizing existing units, increasing occupancy, or expanding further to maximize the property's full capacity. This property offers multiple avenues for return on investment, whether you choose to operate as-is with steady rental income, reposition the underutilized spaces for greater efficiency, or pursue a long-term redevelopment strategy. Mobile home parks of this size are increasingly difficult to find, especially with licensing for nearly 100 spaces already secured. An excellent opportunity for both seasoned investors and those looking to expand their portfolio with a value-add asset in a growing sector of the housing market.
Location
State IL
Area Winnebago County
Building
Sewer City/Community
Water City/Community
Schools
Elementary Schools Julia Lathrop Elementary
Middle Schools Rockford Enviromental Science Academy
High Schools Jefferson High
School District Rockford 205
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