551-564 North Clarence Avenue Watseka, IL 60970 Price: $2,000,000

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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.

Listed by McColly Bennett Real Estate

Property Details of 551-564 North Clarence Avenue

Property Details

Basic Information

Property Type: Commercial Sale
IL_MRED_GRID: 11093257
Acreage: 4.94

Building

Year Built: 1990
Zoning: MULTI
Stories: 1
Roof: Composition

Location

Town: Watseka
County: Iroquois
State: IL
Zip: 60970

Exterior Features

Features

Road Frontage Description: ["City Street", "Public Road", "Paved"]

Other Details

Finance

Tax Year : 2020

11093257

Watseka, IL Demographics

4A61D2

There is no data available

11093257

Watseka, IL Real Estate Market Data

4A61D2FF9900DC3912

There is no data available

Walkability

11093257

Watseka, IL Schools

School Name	Distance	Type	Grades

Map Location

Driving Directions

Based on information submitted to MRED as of March 31, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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