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551-564 N Clarence Avenue, Watseka, IL 60970
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$2,000,000
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Home Details for 551-564 N Clarence Avenue
Price
$2,000,000
Type
Commercial/Industrial
Year Build
1990
Lot Size
4.94
County
Iroquois
Basement
None
Tax
$6,458.48
MLS®️ Listing#
11093257
On exitrealty.com
1552 days
Property Description
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.
- Cooling Information
- Wall Sleeve
- Basement
- None
Listing Courtesy: McColly Bennett Real Estate - 815-929-9381
Based on information submitted to the MLS GRID as of 2025-06-11 13:30:53. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.Last Updated: 2025-06-11 13:30:53
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EXIT REAL ESTATE SPECIALISTS
2405 Essington Rd. Unit 1, Joliet, IL 60435