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551-564 N Clarence Avenue

Watseka, Illinois, 60970, United States

Property ID: #864401 // Commercial // Source Status: Active Under Contract
551-564 N Clarence Avenue
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Traditional Sale
List Price:
$2,000,000.00
Icon - ft²
Icon 4.94 acres
Icon - beds
Icon - baths
Address:
551-564 N Clarence Avenue
City:
Watseka
State:
Illinois
Zip Code:
60970
County:
Iroquois
Country:
United States
Property Type:
Commercial
Additional Property Types:
Other
Year Built:
1990
Lot Size:
4.94 acres
Data Source:
Midwest Real Estate Data
MLS/Reference Number(s):
MRD11093257
Source Status:
Active Under Contract
Source Property Type:
Commercial, Multi Family

Property Provided By

  • Jay Tamblyn
  • McColly Bennett Real Estate
  • +1 (815) 549-4301

Connect with local buyer agents who are willing to offer commission savings!

Property Information

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.

Directions

US 45 / 52 S to IL 49 to Main St. to W. Walnut to N Eighth to E Elm to N. Clarence.

Source Disclaimer

Midwest Real Estate Data

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