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551-564 N Clarence Avenue
Watseka IL 60970 US

$2,000,000

Active Under Contract Listing ID 11093257
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Lot: 4.94 Acres
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Other

$2,000,000

Active Under Contract Listing ID 11093257
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551-564 N Clarence Avenue 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.

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Property Features

  • Facts
  • Lot Size: 4.94 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Roof Type: Composition

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2000000
  • unparsedaddress: 551-564 N Clarence Avenue
  • postalcity: Watseka
  • stateorprovince: IL
  • country: US
  • postalcode: 60970
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 4.94
  • lotsizeunits: Acres
  • lotsizearea: 4.94
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Jay Tamblyn
  • listagentemail: bucktamblyn@mccolly.com
  • listagentkey: 3yd-MREDIL-940284
  • listagentmlsid: 940284
  • listagentpreferredphone: 8155494301
  • listagentofficephone: 8159299381
  • listofficekey: 3yd-MREDIL-94050
  • listagentstatelicense: 475131086
  • listofficemlsid: 94050
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1990
  • listingcontractdate: 2021-05-19
  • listagenturl: http://www.mccolly.com
  • countyorparish: Iroquois
  • parcelnumber: 19331770010000
  • numberofunitstotal: 54
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"McColly Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"gtv52gtw@bryteagent.com", "ListBrokerageCity":"Schererville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"dhorton@mccolly.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/620d6bc1480411df845a00219b9aa4d8/20100414164428837.png", "ListBrokerageName":"McColly Real Estate", "ListBrokeragePhone":"(219) 864-7200", "ListBrokeragePostalCode":"46375", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"800 Deer Creek Drive", "ListBrokerageWebsiteUrl":"http://www.mccolly.com", "ListOfficeAddress1":"29 Heritage Drive", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"940046", "ListOfficeCity":"Bourbonnais", "ListOfficeCountry":"US", "ListOfficeEmail":"dhorton@mccolly.com", "ListOfficePostalCode":"60914", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Watseka, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/11093257/?channel=rexren", "MLSModificationTimestamp":"2024-08-17T04:17:17Z", "Neighborhoods":[{"Description":null, "Name":"Watseka"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":27600, "TaxDescription":null, "TaxYear":"2020"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 9:05:56 AM GMT
Source Updated Date: 11/23/2024 6:52:39 AM GMT

Courtesy of: Jay Tamblyn, McColly Bennett Real Estate, bucktamblyn@mccolly.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.