Home Details for 551-564 N Clarence Avenue

Price

$2,000,000

Type

Commercial Sale

Bedrooms

Bathrooms

0.0

Square feet

NaN

Year built

1990

Lot size acres

4.94

County

Iroquois

Garage

Basement

None

Days on site

1588

MLS Listing#

11093257

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.

Property Features

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 2025-09-03 21:22:36. 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: 2025-09-03 21:22:36

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Median Listing Price

Median Days on Site

Median Square Feet

Market statistics compiled from data from Midwest Real Estate Data.

EXIT REAL ESTATE SPECIALISTS

2405 Essington Rd. Unit 1, Joliet, IL 60435

Office

815 457 7575

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Home Details for 551-564 N Clarence Avenue

Cooling Information

Basement