NOT LISTED FOR SALE

100 Edgewood Trailer Ct Clinton, IL 61727

60 Beds
-- Bath
-- Sq Ft
4 Acres

Last Sold February 20, 2020

Last sale price $350,000

189 Days on Market

About This Home

As of February 2020

Edgewood MHP is a 39-pad community located on four acres in Clinton, IL. The park is on city water & sewer. Each pad has its own meters for electric, water, & gas; and all of the utilities are directly billed to the tenants. The underground pipe materials are copper & clay. The road thru the park is oil & chip asphalt and in good shape (few potholes from the winter will be fixed by owner). The park is compliant in zoning as 0060. The park is licensed and in good standing with the Illinois Department of Health. The park is a mixture of POH & TOH's. Currently 18 POH's are rented, two are vacant. 5 TOH's are paying $175 per month. The park has an empty laundry mat that is currently empty. It could possibly be converted into an apartment or put back into a laundry mat. The owner has done a nice job keeping the POH's looking good with routine paint and power-washing. This is a park that has generated outstanding income for the owner for 25 years!

Last Agent to Sell the Property

Diana Sjuts

Coldwell Banker R.E. Group License #471017794 Listed on: 03/12/2019

Coldwell Banker R.E. Group

Last Buyer's Agent

Christopher Lau

Top Realty, Inc License #471013638

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,926

Year Built

  • Built in 1960

Lot Details

  • 4

Interior Spaces

  • 60 Bedrooms
  • 1-Story Property

Additional Features

  • 4 Acre Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat, sewer

Community Details

Overview

  • 20 Units

Building Details

  • Electric Expense $3,579
  • Insurance Expense $988
  • Maintenance Expense $7,082
  • Other Expense $18,241
  • Trash Expense $4,134
  • Water Sewer Expense $991
  • Operating Expense $35,015
  • Gross Income $9,225
  • Net Operating Income $68,385

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,926

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 1
  • Year Built: 1960
  • Built Before 1978 (Y/N): Yes
  • Information: No Sign on Property
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 60
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 475000

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls

Fee Information

  • Trash Expense: 4134
  • Water Sewer Expenses: 991
  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 4
  • Lot Dimensions: 4 ACRES

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat, Sewer
  • Board Number: 22

Multi Family

  • Net Operating Income: 68385
  • Insurance Expense: 988
  • ElectricExpense: 3579
  • GrossIncome: 9225
  • Maintenance Expense: 7082
  • NumberOfUnitsTotal: 20
  • OperatingExpense: 35015
  • Expense Year: 2018
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 9926
  • Tax Year: 2017

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2020 02/20/20 Sold $350,000 -26.3% --
09/17/2019 09/17/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $475,000 0.0% --
08/06/2019 08/06/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $475,000 0.0% --
06/27/2019 06/27/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $475,000 0.0% --
03/21/2019 03/21/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $475,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10305453

Midwest Real Estate Data (MRED)