Contact Information

Jon Fisher
License: 471.020503 (IL) 18000549 (IN) 117228 (SC)

Mobile Home Park Details

  • Price: $400,000
  • Purchase Method: Cash, New Loan
  • Listing ID: 3609706
  • Posted On: Aug 29, 2023
  • Updated On: Jan 10, 2024


***Price reduced to $400,000 on January 5th, 2024***

Greenland Estates is a beautiful 34-site affordable home community located on 4.25 acres in Casey, IL. Currently only 14-sites are developed and the remaining 20-sites that are undeveloped will only need laterals ran and pads poured. The park was built in 1997. The property is zoned (0030 & 0050) commercial and the park is presently enjoying legal & conforming status according to the seller. The park is not located in a flood zone. The park is presently owned by a local who handles both the management and the maintenance of the park. He may be willing to stay on in this position for a few years.

The size of the pads in the park are approximately 50 x 125. There are currently no vacant trailers that need to be removed from the premises. The developed portion of the park is 57% occupied. Of the 14 developed pads in the park, two pads are occupied with tenant owned homes averaging at $125/month (have never had their rent raised since living there), five are POH's averaging $520/month, one POH is vacant, and six pads are vacant. The pad rental rate has not been raised and neighboring small town have pad rental rates ranging between $150-300. The POH rents are raised with new occupants or by discretion of the current owner. Currently none of the tenants are behind in rent. The tenants pay via a drop box next to the mailboxes. Demand for rentals has been strong according to the owner. He has been very particular about who he rents to.

This park is on CITY WATER & CITY SEWER! The water lines are all believed to be all PVC. The sewer lines are believed to be PVC. The amperage of each electrical pedestal is unknown by the owner but he believes they are all at least 100 amp. The park has electric meters to each pad. The roads through the park are gravel and are considered to be in "good" condition by the current owner. The park currently mows the entire park. The park takes care of snow removal (as needed).

This is the only MHP in the city of Casey. The current owner has really cleaned the facility up and the grounds are immaculate. The mains are centrally located so developing the undeveloped portion of the park will only include laterals, pedestals, and pouring concrete pads. This means that you can feasibly do this pad by pad as demand merits to eliminate undue capital expenditures.

There are two double wide's on the south side of the park that could be surveyed out and sold separately by the new owner. The seller anticipates those two could sell for $180,000 combined should the new owner want to do so.

Price is firm. No seller carry.

Jon Fisher is the Designated Managing Broker for MR. LANDMAN, LLC and is licensed in the State of Illinois under Lic#471.020503.


Casey is a city in Clark and Cumberland counties in the U.S. state of Illinois. The population was 2,404 at the 2020 census. The Cumberland County portion of Casey is part of the Charleston–Mattoon Micropolitan Statistical Area.

Casey is the home to several Guinness World Record constructions - super-sized items in the form of outdoor sculptures—including the Wind Chime, Rocking Chair, Knitting Needles, Crochet Hook, Pitchfork, Golf Tee, Yardstick, Wooden Token, Dutch Wooden Shoes, Mailbox, Pencil and Birdcage.

Halfway between St. Louis, Missouri and Indianapolis, Indiana on Interstate 70, Casey is a hub of agricultural and energy activity. With a landscape dotted with oilfields, many related businesses thrive in Casey. The historic National Road runs through the center of town, and many residents remember the original. Strong hometown roots keep and bring many residents back to a community of strong values demonstrated by the continued prosperity of over twenty churches in the community.

The business climate of Casey is much like the hospitality of its residents, open and accommodating. With several larger industries and many small businesses, business finds a stable and supporting environment in which to thrive. The City of Casey, the Chamber of Commerce and a dedicated economic development organization, Casey Industries, Inc. support the varied needs of the businesses of Casey.

The unemployment rate in Casey is 6.2% (U.S. avg. is 6.0%). Recent job growth is Positive. Casey jobs have increased by 0.3%

Compared to the rest of the country, Casey's cost of living is 29.2% lower than the U.S. average.

The median home cost in Casey is $90,500. Home appreciation the last 10 years has been 7.9%.

Clark County is a county located in the southeastern part of U.S. state of Illinois, along the Indiana state line. As of the 2020 census, the population was 15,455. Its county seat is Marshall. The county was named for George Rogers Clark, an officer who served in the American Revolution. Clark County is part of the Charleston-Mattoon, IL Micropolitan Statistical Area.

Cumberland County is a county located in the U.S. state of Illinois. As of the 2020 census, the population was 10,450. Its county seat is Toledo.

Cumberland County is also part of the Charleston–Mattoon, IL Micropolitan Statistical Area

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Park Information

Community Type: All Age
Year Built: 1997
Size: 4 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City


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