$ 2,000,000
551-564 N Clarence AVE Watseka, IL 60970
Schedule a Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,000,000
Est. payment /mo
Active Under Contract
551-564 N Clarence AVE Watseka, IL 60970
4.94 Acres Lot
UPDATED:
08/17/2024 08:17 AM
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 11093257
Year Built 1990
Annual Tax Amount $27,600
Tax Year 2020
Lot Size 4.940 Acres
Lot Dimensions 4.94 AC
Property Description
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.
Location
State IL
County Iroquois
Area Watseka
Zoning MULTI
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
Roof Type Composition
Building
Dwelling Type Multi Family 5+
Level or Stories 1
Structure Type Wood Frame
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jay Tamblyn • McColly Bennett Real Estate
GET MORE INFORMATION