About 551-564 North 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.
Features of 551-564 North Clarence Avenue
MLS® # | 11093257 |
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Price | $2,000,000 |
Bathrooms | 0.00 |
Acres | 4.94 |
Year Built | 1990 |
Type | Commercial Sale |
Sub-Type | Multi Family 5+ |
Status | Contingent |
Community Information
Address | 551-564 North Clarence Avenue |
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Area | Watseka |
City | Watseka |
County | Iroquois |
State | IL |
Zip Code | 60970 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Cooling | Wall Sleeve |
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Fireplace | No |
Has Basement | No |
Exterior
Roof | Composition |
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Foundation | Concrete Perimeter |
Additional Information
Days on Market | 1267 |
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Zoning | MULTI |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | McColly Bennett Real Estate |
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