Rockford, IL 61102,2530 S Main Street
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Listed by Eric Pritzof Century 21 Affiliated - Rockford
$ 2,530,000
Est. payment | /mo

15.49 Acres Lot


Save
$ 2,530,000
Est. payment | /mo
Save

15.49 Acres Lot

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

Zoning SINGL

Interior

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected

View Y/N true

Building

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

Midwest Real Estate Data (MRED) VOW
Serene Realty, Inc

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

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2530 S Main Street