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$ 2,530,000
Est. payment /mo
New
2530 S Main ST Rockford, IL 61102
15.49 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12451379
Annual Tax Amount $10,525
Tax Year 2024
Lot Size 15.490 Acres
Lot Dimensions 0x0x0x0
Property Sub-Type Land
Property Description
Prime Investment Opportunity - Mobile Home Park with Expansion Potential. Situated on 15.49 acres, this established mobile home park presents a rare opportunity to acquire a high-performing asset with significant upside. Currently licensed for 96 spaces, the park includes 32 income-producing trailers, 6 additional trailers ready to be rented/renovated, and 14 fifth-wheel sites. With infrastructure already in place, investors have the flexibility to enhance cash flow by stabilizing existing units, increasing occupancy, or expanding further to maximize the property's full capacity. This property offers multiple avenues for return on investment, whether you choose to operate as-is with steady rental income, reposition the underutilized spaces for greater efficiency, or pursue a long-term redevelopment strategy. Mobile home parks of this size are increasingly difficult to find, especially with licensing for nearly 100 spaces already secured. An excellent opportunity for both seasoned investors and those looking to expand their portfolio with a value-add asset in a growing sector of the housing market.
Location
State IL
County Winnebago
Area Rockford
Zoning SINGL
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected
Building
Dwelling Type Land
Water Municipal Water
Schools
Elementary Schools Julia Lathrop Elementary School
Middle Schools Rockford Envrnmntl Science Acad
High Schools Jefferson High School
School District 205 , 205, 205
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Eric Pritz • Century 21 Affiliated - Rockford