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Address is 6208 Lawn Avenue Hodgkins, IL 60525

Michael Fine

Fine & Company LLC

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130 + Sites - Sealed Bid Auction 8/6/2018

Manufactured Home Community for Sale in Hodgkins, Illinois

6208 Lawn Avenue
Hodgkins, IL 60525

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Mobile Home Park for Sale

Number of MH Lots: 130
Purchase Method: Cash, New Loan
Status: Active
Property ID: 957958
Posted on: Jun 13, 2018
Updated on: Sep 18, 2018

Property Description

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Valley Oaks Mobile Home Community, 130 Usable Homesites & 2 Park Owned Homes

Sold subject to a Minimum Bid of $6,550,000

CAP Rate at Min Bid 9.2%

Well located near Interstate 55 (Stevenson Expressway) and IL-45 - There is plenty of nearby shopping including, Target, Sam's Club, Kohl's AMC Movie Theaters, Menards, Theodore Stone and Arie Crown Forest Preserve as well as easy access to Interstate 55

2017 NOI - $601,000

Valley Oaks MHC is a successful MHC. Located in Chicago's southwest suburb of Hodgkins.

Inspections: 10:30 A. M. - July 10, 24, & 31. Please note: Inspections begin promptly. Please give us a call at 312.278.0600 extension 101 in advance of the inspection to let us know you will be attending and to send you more information.

A Bidder's Information Packet is required to bid. The packet includes: auction and property information, title report, survey, real estate tax bill, local information, auction purchase and sale agreement, and terms of sale.

Park Information

Number of MH Lots:130