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551-564 N Clarence Avenue
Watseka, IL 60970
Jay Tamblyn with McColly Bennett Real Estate, original listing - (815) 929-9381

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Property Details


List Price: $2,000,000
Beds: --
Baths: --
Status: Active Under Contract
SqFt: --
Agency: McColly Bennett Real Estate
Agency Phone: (815) 929-9381

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Description/Comments


Lot Size: 4 acre(s)
Property Type: Commercial Sale-Other
Year Built: 1990
Notes: 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.
MlsNumber: --
ListingId: 11093257


Listing Provided By: McColly Bennett Real Estate, original listing
Phone: (815) 549-4301
Office Phone: (815) 929-9381
Agent Name: Jay Tamblyn
Disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


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