551-564 N Clarence Avenue, Watseka, IL 60970

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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.

  • Commercial Sale
    Property Type
  • 1990
    Year Built

Property Documents

Property Overview

  • Property ID 11093257
  • Price $2,000,000
  • Land Area 4.94 Acres
  • Garage Size x x
  • Year Built 1990
  • Property Status Active Under Contract
  • Property Type Commercial Sale

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