Property for Sale: 551-564 N Clarence, Watseka, IL 60970

$2,000,000
$2,000,000
551-564 N Clarence, Watseka, IL 60970
$2,000,000
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Price:
$2,000,000
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Type Commercial
Lot Size 4.94 acres
Year Built 1990
City Watseka
County Iroquois
MLS 11093257
Status Active Under Contract
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.

Room Features

Basement Description None

Lot & Building Features

Construction Wood Frame
Cooling Wall Sleeve
Tax Year 2020
Lot Dimensions 4.94 AC ft

Price History of 551-564 Clarence, Watseka, IL

Date Name Price Difference
12/31/1969 Listing Price $2,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Inquire about this property

Photo of Laura Freeman
Laura Freeman
Broker
Direct: 708-296-4665
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by McColly Bennett Real Estate, Jay Tamblyn & Sandra Boyer
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551-564 Clarence (MLS #11093257) is a commercial listing located in Watseka, IL. This is a commercial listing with a lot of 215,186 sqft (or 4.94 acres). This property was listed on 05/19/2021 and has been priced for sale at $2,000,000.

Nearby zip codes are 60974. This property neighbors other cities such as Woodland.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: McColly Bennett Real Estate