Mobile Home Parks for Sale in Illinois
Mobile home parks in Illinois rarely reach public listing sites. Most change hands off-market, through brokers who already know the owners.
If you own a park here and want to know what it is worth, a free evaluation is the usual first step — it establishes a value range before you decide whether to go to market at all.
21 for sale in Illinois
Southwind Estates MHP
$2.5MInvestment Highlights Property Highlights • 53 Total Pads • Mixed Manufactured Housing & RV Community • Approximately 9 RV Sites with Consistent Occupancy • 30 Tenant-Owned Homes (TOH) • 14 Park-Owned Homes (POH) • City Water & City Sewer • Metron Sub-Metering Installed for Utility Bill-Back • Trash Included with MH Lot Rent • Professionally Managed Rental Information • Manufactured Home Lot Rents: $310–$385/month (Trash Included) • RV Sites: $450/month • Park-Owned Home Rents: $350–$600/month • The property’s diverse income mix provides multiple revenue sources while offering investors several opportunities to enhance cash flow through continued POH optimization and strategic rent adjustments. Value-Add Opportunities • Increase below-market lot rents over time • Optimize Park-Owned Home rental income • Continue maximizing RV occupancy • Existing sub-metered utility infrastructure provides built-in utility recapture • Operational efficiencies through professional management Market Overview • Population: Approximately 7,000 • Median Household Income: ~$67,600 • Strong Homeownership Rate: ~70% • Diverse employment base anchored by Fortune 500 companies • Major regional employers include Marathon Petroleum, Hershey’s, and additional industrial manufacturers • Located approximately 45 minutes from Indiana, this mobile home park offers investors the stability of a growing Midwest employment center while maintaining affordable housing fundamentals that continue to support manufactured housing demand. Investment Highlights • Stable Tenant-Owned Home Community • Diversified Manufactured Housing & RV Income • 100% Occupied • City Utilities with Sub-Metered Utility Recovery • Multiple Organic Revenue Growth Opportunities • Strong Employment Base Supported by Major Industry • Attractive Midwest Investment Market
Autumn Ridge Estates
$2.4MTO VIEW FINANCIALS, CLICK **VIEW OM” OR “SEE DUE DILIGENCE”, SIGN THE CONFIDENTIALITY AGREEMENT, AND YOU WILL HAVE IMMEDIATE ACCESS”. CONTACT LOGAN WHITE WITH ANY QUESTIONS LOGAN@MHPVALUE.COM The MHP Value Team is pleased to present Autumn Ridge Estates & Storage, a diversified manufactured housing and storage community located just outside Henry, Illinois within the Peoria Metropolitan Statistical Area. The property offers a healthy mix of manufactured housing, apartments, and self-storage income streams within a stabilized community that provides both immediate cash flow and clear long-term upside. The property consists of 16 tenant-owned home sites, 16 park-owned homes, 2 rent-to- own homes, 2 apartment units, and 28 newly constructed self-storage units, along with 22 vacant manufactured housing pads that are already serviced with utilities and ready for infill. Currently generating approximately $316,361 in annual top-line income, the community benefits from diversified revenue streams and consistent demand for affordable housing in the surrounding market. Recent improvements include the installation of new park-owned homes and the development of 28 brand-new storage units, creating a stabilized operating base while preserving significant value-add potential. A clear investment strategy exists through the gradual infill of the remaining vacant manufactured housing pads, which already have utilities in place. Under conservative underwriting assumptions of five home infills per year coupled with gradual rent increases of approximately 5% annually, projections indicate the potential to achieve average IRRs reaching 24-26% during years 4–6 of the investment period, driven primarily by organic occupancy growth and steady rent appreciation. Autumn Ridge Estates & Storage offers stabilized income supported by a healthy unit mix, with a clear path to above-average returns through the infill of vacant sites and gradual rent increases. Important Note to Prospective Buyers from Pace Morby: Congrats to all new members of the Pace Morby “Creative Finance” and “Subto” communities. We appreciate your interest and enthusiasm. Please note that we work exclusively with qualified, verified buyers. Our clients are not seeking first-time purchasers attempting to acquire mobile home parks with no capital investment. We will also not share proprietary Seller information with any intermediaries, including, but not limited to, scouts, “bird dogs,” or third parties.
All Seasons & Autumn Oaks
$2.2MAll Seasons & Autumn Oaks are a pair of immaculate mobile home parks located adjacent to one another (separately licensed) on 18.61 acres in Chenoa, IL (89-pads currently and already zoned for an additional 100-pad expansion should you also purchase the adjacent additional acreage that is not currently included with the park). Autumn Oaks is a 55+ community, and All Seasons is an all age community. The parks were established in the 1990's. These parks are actually owned by a church, so profit has not been the primary focus during the time that they have owned these properties. In fact, the pad rental rates are at least 20% under market rate (35% lower than some in nearby Bloomington-Normal)! The parks are zoned as a combination of 0060 (improved commercial) & farmland. All of the tenants pay their rent at the local bank. The parks have an on-site manager. The parks also have a maintenance man. The pads at All Seasons & Autumn Oaks are designed to accommodate double-wide's. There are presently ZERO homes that need to be removed from the property as they are all in solid condition. Currently 98% of the homes in the park are TOH's. There is currently just one park owned home that rents for $600/month (which is not being included in the sale of the property). There are presently 47 TOH's on the property. The average pad rental rate is only $390/month. There are no vacant trailers and no trailers being held for back taxes. The parks utilizes annual leases. None of the tenants are behind in rent! The tenants currently pay their rent at Heartland Bank (just a few blocks away). The zoning was changed in 2014 to allow 50% of the park to be single wide trailers! In addition to the 47-pads that are presently occupied, another 21-sites have concrete pads. The remaining 13-sites are just vacant lots. Some of the pads will need to be connected to the water/sewer at the street. CITY WATER & CITY SEWER!!! The waterlines are primarily PVC and copper and have been updated. The previous owner put over $1,000,000 into underground infrastructure in 2008. The electrical pedestals are 200 amp to each pad. Residents are billed directly for their electricity, gas, & water by their respective providers (garbage included in water bill). The roads are considered to be in solid shape are asphalt. The park maintains the roads (paved the top layer a couple of years ago for $100,000). The tenants are required to mow their own space and the park takes care of the common areas. The park moves snow as needed. Location: Chenoa is a city in McLean County, Illinois, United States. The population was 1,695 at the 2020 census. The city is located at the intersections of Interstate 55, Historic Route 66, and U.S. Route 24. The median home cost in Chenoa is $130,300. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Chenoa is up 16.3%. Renters make up 22.5% of the Chenoa population. 1.4% of houses and apartments in Chenoa, are available to rent. A typical home costs $130,300, which is 61.5% less expensive than the national average of $338,100 and 46.1% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Chenoa costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 50.0% cheaper than the state average of $1,260. Chenoa has an unemployment rate of 5.0%. The US average is 6.0%. Chenoa has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 22.9%. The crime rate in Chenoa, IL is significantly lower than the US average. Violent crime rate in Chenoa, IL is 9.8 which is 51% lower than the US average of 22.7, while property crime rate in Chenoa, IL is 12.4 which is 65% lower than the US average of 35.4. This indicates that Chenoa, IL is a secure and safe place to live or visit with low chances of being a victim of violent or property related crimes compared to the US average. Chenoa, IL is located: 17 miles north of Bloomington-Normal 53 miles east of Peoria, IL 65 miles NW of Champaign, IL 110 miles SW of Chicago, IL 189 miles NE of St. Louis, MO McLean County is the largest county by land area in the U.S. state of Illinois. According to the 2020 Census, it had a population of 170,954. Its county seat is Bloomington. McLean County is included in the Bloomington–Normal, IL Metropolitan Statistical Area. Bloomington-Normal has a vibrant economy with the anchors being Illinois State University and the corporate headquarters for State Farm Insurance. Here are the largest employers in McLean County: • State Farm Insurance Co. (14,436 employees) • Illinois State University (3,940 employees) • Rivian (3,700 employees) • Country Financial (2,020 employees) • Unit 5 Schools (1,874 employees) • OSF HealthCare (1,286 employees) • Carle BroMenn Healthcare (1,337 employees) • McLean County, Government (817 employees) • Afni, Inc. (815 employees) • District 87 Schools (687 employees) • City of Bloomington (667 employees) • Bridgestone/Firestone Co. (502 employees) • GROWMARK, Inc. (495 employees) • Illinois Wesleyan University (482 employees) • Heritage Operations Group (441 employees) • Town of Normal (401 employees) • Heartland Community College (369 employees) • Tentac Enterprises (348 employees) • IAA/Illinois Farm Bureau (329 employees) • Ferrero USA (300 employees)
Rancho Estates
$2.1MFinancing Opportunity!!! The property is currently encumbered by a Fannie Mae loan that the seller prefers a buyer to assume. The existing loan has an approximate balance of $1,600,000 at a favorable 4.12% interest rate. The loan is interest-only through June 2026, after which it converts to a five-year term amortized over 30 years (locked in at 4.12% until May 2031). Assumption requirements include a minimum of two years of mobile home park ownership or key principal role, a net worth exceeding $1,000,000, and minimum liquidity of $160,000. Rancho Estates is a 52-pad mobile home community located in Rantoul, Illinois within the Champaign–Urbana Metropolitan area. Situated on approximately 4.28 acres and originally developed in 1960, the property benefits from approved mobile home park zoning and is not located within a designated flood zone. The current ownership has operated the community for six years and manages the asset remotely through a district manager, supported by an on-site maintenance technician. The community currently operates without a full-time on-site manager. Pad sizes vary throughout the property, and residents benefit from off-street parking and a well-maintained neighborhood setting. The community is currently operating at strong occupancy levels with 49 of 52 pads occupied. Of the existing homes, 36 are tenant owned homes (TOH) paying an average lot rent of $425 per month. The remaining 10 units are park-owned homes (POH) with average rents of approximately $800 per month, and the seller holds clear title to all park-owned units. Three pads are currently vacant and may have the potential for new home placement subject to city setback requirements. One additional home is scheduled for removal due to poor condition. Approximately three residents are currently behind on rent. All residents operate under monthly lease agreements, and rent is collected electronically through the Rent Manager portal. The most recent rent adjustments were modest $25 increases for both POH and TOH units. Rancho Estates is served by municipal water and sewer, with utility costs back-billed to residents through submetering. Electricity and natural gas are directly metered and billed by the respective providers, and each pad is equipped with a 100-amp electrical pedestal. Residents are responsible for their own garbage service. The material composition of underground utility lines was not provided. The internal road network is asphalt and is reported to be in good condition, with ownership responsible for ongoing maintenance. Operational responsibilities are efficiently structured, with tenants responsible for mowing their individual lots and clearing their own driveways during winter months. Ownership maintains vacant pads and common areas and provides snow removal for the park roads. The property has benefited from consistent operational oversight and strong administrative systems, with institutional-quality financials and documentation available for buyer due diligence. Since acquisition, ownership has made several meaningful improvements to enhance the long-term quality and stability of the community. These include removal of distressed homes, tree trimming, installation of a playground, street repaving, and the addition of water meters. These investments have positioned the property for continued operational stability and future infill potential. Future upside for a new owner includes the potential infill of vacant pads, subject to municipal approval, and continued optimization of rental rates in line with market conditions. Ownership has indicated that continued infill would be their primary operational focus if they retained the asset. One of the minority owners of Marshalltown Estates is a licensed Real Estate Broker in the State of Iowa. Location: Rantoul is a village in northern Champaign County, Illinois. The population was 12,371 at the 2020 census. It is part of the Champaign–Urbana metropolitan area. The median home cost in Rantoul is $108,100. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Rantoul is up 14.5%. Renters make up 42.1% of the Rantoul population. The average 1-bedroom rents for $760/month. The average 2-bedroom rents for $900/month. The average 3-bedroom rents for $1,170/month. The average 4-bedroom rents for $1,210/month. Rantoul has an unemployment rate of 5.0%. The US average is 6.0%. Future job growth over the next ten years is predicted to be 30.2%,which is lower than the US average of 33.5%. The Median household income of a Rantoul resident is $44,130 a year. The US average is $69,021 a year. Rantoul violent crime is 38.4. (The US average is 22.7) Rantoul property crime is 40.4. (The US average is 35.4) Here are four of the largest employers in Rantoul, IL (employee counts approximate): • Vista Outdoor — 440 employees • Jeld-Wen Windows & Doors — 425 employees • Flex-N-Gate — 426 employees • Rantoul Foods — 511 employees Champaign County is a county in the U.S. state of Illinois. As of the 2020 Census, its population was 205,865, making it the 10th-most populous county in Illinois. Its county seat is Urbana. Champaign County is part of the Champaign–Urbana metropolitan area. The twin cities of Urbana and Champaign are the only cities in the county, and they nearly surround the campus of the University of Illinois. Here are ten of the largest employers in Champaign County, IL, with employee counts (approximate): • University of Illinois at Urbana-Champaign — 26,884 • The Carle Foundation — 7,346 • Champaign Unit #4 School District — 1,670 • Kraft Heinz Company — 1,300 • OSF HealthCare — 1,150 • Urbana School District #116 — 950 • Christie Clinic — 915 • FedEx Ground — 887 • Parkland College — 883 • City of Champaign — 636
Specialville Estates
$1.6MThe MHP Value Team is pleased to offer for sale Specialville Estates, a 37-site mobile home community located in Dixmoor, Illinois, just 30 minutes south of downtown Chicago. Positioned within one of the Midwest's largest employment markets, the property benefits from strong demand for affordable housing. The community consists of 23 tenant-owned homes averaging $711/month in lot rent, 3 rent-to-own homes averaging $1,234/month in total rent, one vacant park-owned home, and 10 vacant lots with existing infrastructure. The property is currently 70.27% occupied and operates on city water, sewer, and trash, all of which are billed back to tenants. The investment strategy focuses on gradually increasing rents, leasing the vacant park-owned home, and infilling the 10 vacant lots to drive occupancy and revenue growth. At the current pricing, Specialville Estates offers an attractive opportunity for both new and experienced operators seeking immediate cash flow with meaningful upside. The property is projected to achieve a double-digit Year 1 cash-on-cash return and a five-year IRR exceeding 50% through gradual rent increases and infill.
Confidential IL MHP
$1.5MMobile Home Park | 49 Pads
49 Pads, 2 parks in Murphysboro, IL
$1.1MThe MHP Broker is pleased to present the Murphysboro Portfolio — two established manufactured housing communities offered by the same long-term owner in Murphysboro, Illinois. Cinnamon Lane MHP (30 lots) and Smeade Lane MHP (19 lots) are available individually or as a combined 49-lot portfolio at an asking price of $1,064,000, representing a blended basis of approximately $21,714 per lot in a single submarket from a single motivated seller. Both parks are located in Murphysboro, the county seat of Jackson County and the principal city of the Southern Illinois University Carbondale economic corridor. The SIU Carbondale campus — located seven miles east — anchors a diverse regional employment base that includes Southern Illinois Healthcare, state and county government, and light manufacturing. Demand for affordable housing in this corridor is structural and consistent, with median apartment rents in Jackson County running $700–$800 per month against an all-in tenant cost at these communities of $400–$600 per month. The portfolio presents two complementary investment profiles. Cinnamon Lane is a stabilized, fully occupied asset with 30 lots, 100% current occupancy, and a documented rent roll generating $120,300 in annual gross collections. Every lot is paying. The value-add is rent normalization: current average lot rent of $214 per month sits well below the prevailing market range for comparable communities in the corridor, and the entire upside is operational — no infill required, no physical turnaround, no new tenants needed. Smeade Lane is the value-add component: 19 lots with city water and city sewer, six park-owned homes physically present on site and available for improvement and lease-up, and a current income stream that already covers debt service at a basis that reflects today's occupancy, not tomorrow's. The seller is a long-term owner executing a retirement-driven disposition after more than two decades of continuous ownership. Both parks are stable, the tenants are established, and the financials are documentable. This is a clean exit from a motivated seller — not a distressed situation. Seller financing is available for discussion on both parks.
Harvest Estates MHC
$1MHarvest Estates MHC is a 31-site mobile home community located on 3.18 acres on the outskirts of Manteno, IL. The park was developed in the mid 1970's and has served the community by offering an affordable housing option since that time. The property is zoned 0060 (improved commercial). The park is not located in a flood zone. The park is presently managed by a resident manager who the owners believe will have interest continuing in that role going forward. The park also has a local contractor who handles maintenance or sub-contracts as needed. The owner of Harvest Estates does not have the exact dimensions of the pads, but they will include the park survey in supporting materials. There are currently not any trailers that need to be removed from the premises. Of the 29 occupied pads in the park, 28 are TOH's averaging $530/month. There is a vacant POH that is being renovated and will be ready to rent/sell prior to closing. There is also a SFR on the property that is currently renting for $875/month. Currently just one vacant pad in the park. Rent was last raised on April 1st, 2025. The park utilizes leases for its residents with the vast majority being month-to-month. The tenants currently pay their rent via check, CashPay (Zego) & Zelle. The current owners do not accept cash. Harvest Estates is on private well & septic. The underground pipe material is PVC Schedule 40. The electrical pedestals are believed to be 100 amps. The park provides the water & septic in the rent. The park is also paying for Garbage removal. The tenants are direct billed by their respective providers for electric (ComEd) and gas (Nicor). The park road is asphalt and are considered to be in good condition. The park currently mows the entire park. The park contracts out snow removal as needed. The owners have recently purchased Metron water meters and are in the process of installing them. These meters should be completed prior to closing. The owner has made some park improvements since taking over the park: • Significant improvements to the well and septic systems, including new pressure tanks and replacement of section of the sewer lines. • Rehab and sale of POH's. There were additional POH's when the current owners purchased the park. Current owner rehabbed them to improve the overall park, unit, and tenant quality and sold them to convert them to lot rent only units. • Road improvement/repairs. • Source Water Protection Plan ~ This is a requirement of all well operators in Illinois by the State EPA. It is a one-time requirement that they paid to have completed in 2024. When asked what improvements they would continue to make if they continued to operate the park going forward: • Lot rents can be pushed up significantly ~ we believe lot rents in the market are closer to $600/month. • Infill the single vacant lot with a new or used home. • The SFR rent is significantly under market rent for the size of the home. With some repairs it could be rented to a new tenant at a much higher rate of likely $1,500 +/month based on comparable homes in Manteno. • There are a few vacant storage units that are not currently rented, but could be. Location: Manteno is a village in Kankakee County, Illinois. The population was 9,210 at the 2020 census. It is part of the Kankakee-Bourbonnais-Bradley Metropolitan Statistical Area. The village offers a blend of residential, commercial, and industrial areas, contributing to its local economy. Known for its friendly community and quality of life, Manteno features parks, schools, and local businesses. It also hosts events like the annual Oktoberfest, attracting visitors and fostering community spirit. Its proximity to major highways makes it accessible and convenient for commuting. Manteno is located: 12 miles N of Kankakee 50 miles SW of Chicago 87 miles NE of Champaign 99 miles NE of Bloomington 132 miles NE of Peoria, IL The median home cost in Manteno is $274,900. Home appreciation the last 10 years has been 52.8%. Home Appreciation in Manteno is up 15.4%. Renters make up 24.5% of the Manteno population. The unemployment rate in Manteno is 7.5% (U.S. avg. is 6.0%) The Median household income of a Manteno resident is $83,625 a year. The US average is $69,021 a year. Manteno violent crime is 11.8. (The US average is 22.7) Manteno property crime is 32.2. (The US average is 35.4) In terms of education, Manteno ranks highly with an A+ rating for its schools. Kankakee County, located in northeastern Illinois, features a mix of urban and rural environments. It's part of the Chicago metropolitan area and known for its agricultural contributions, manufacturing industries, and healthcare services. The county seat, Kankakee, offers various recreational and cultural amenities. With a diverse economy, it hosts top employers in healthcare, steel manufacturing, education, and more. Additionally, the area provides educational opportunities through institutions like Kankakee Community College. The ten largest employers in Kankakee County, IL, and their respective employee counts are: • Riverside Healthcare (3,046 employees) • Nucor Steel Kankakee, Inc. (850 employees) • CSL Behring (1,600 employees) • Kankakee School District 111 (1,000 employees) • Presence St. Mary's Hospital (860 employees) • Kankakee County Government (583 employees) • Kankakee Community College (575 employees) • Armstrong World Industries (325 employees) • Van Drunen Farms (324 employees) • Bradley School District 61 (301 employees)
Maple City MHP
$950KThe MHP Value Team is pleased to offer for sale a 38-unit mobile home community with additional income potential from on-site storage. The community consists of 26 occupied tenant-owned lots generating an average lot rent of $346 per month, one occupied rent-to-own home producing $540 per month, three vacant park-owned homes, and one vacant storage building that can be rented for $400 per month. The property also includes seven vacant lots with existing infrastructure in place, creating a clear path for infill and NOI growth. The asset is currently operating at 71.05% economic occupancy, representing a stable, cash-flowing community with meaningful value-add potential through infill and improved utilization of existing assets. At the asking price of $950,000, the property generates $113,793 in gross annual income and $79,018 in NOI, reflecting an 8.32% cap rate on current operations. The pro forma story is compelling — with infill of the vacant lots, lease-up of the three park-owned homes, and activation of the storage unit, Year 1 projected NOI climbs to approximately $108,296, pushing the pro forma cap rate to 11.40%. The investment strategy for this community centers on infill of the remaining vacant lots, continued stabilization of in-place operations, and maximizing ancillary income through the existing storage facility. With solid current cash flow and clear operational upside, a new owner can increase NOI while maintaining a stable resident base. Flood Zone Disclosure Please note that a portion of the community falls within a designated flood zone. The seller is prepared to address this directly — he will credit up to $1,000 per home to cover the cost of elevation work and has an established contractor available to perform the work at a reduced rate, providing a straightforward and cost-effective path to resolution for a new owner. This offering represents an opportunity to acquire a well-performing mobile home park with immediate monthly income, multiple value-add levers, including infill and ancillary revenue growth.
Russ Mobile Home Park
$949K• City water & city sewer! • Tenants direct billed for all utilities! • Located about 60 miles south of Midway airport.
Atkinson Estates MHC
$900KAtkinson Estates MHC is a 24-pad mobile home community located on 5.65 acres on the outskirts of Atkinson, IL. The park was developed in the 1960's and has served the community by offering an affordable housing option since that time. The property is zoned 0030 (vacant residential lots) and 0060 (improved commercial). The park is not located in a flood zone. The park is presently managed by a resident manager who the owners believe will have interest continuing in that role going forward. The park also has a maintenance man. The pad size varies, but the majority are single section pads (19) that will accommodate 14 x 80 trailers. There are also multi-section pads in the park (05). There are currently not any trailers that need to be removed from the premises. Of the 20 occupied pads in the park, one is a RTO at $700/month. Two are POH's at $750/month. The other 17-pads in the park are occupied by TOH's which are paying $375/month. Rent was just raised in April of 2024. There are currently zero tenants behind in their rent. The park utilizes leases for its residents. The tenants currently pay their rent via check, bank deposit, Cashapp, Venmo, & Zelle. PUBLIC WATER & SEWER! Atkinson Estates is on city water & city sewer! The underground pipe material is believed to be PVC. The electrical pedestals are believed to be 100 amps. Residents are direct billed for water, electricity, & gas by the utility providers. Garbage is built into the lot and home rent. The park has two roads that are asphalt and are considered to be in good condition. The tenants mow their own pads and the park mows the common areas. The park handyman pushes snow as needed. The owner has made some park improvements since taking over the park. They upgraded the roads, added some park owned homes, and did some plumbing improvement projects. When asked what items they would focus on improving if they were to continue to own/operate the park going forward they responded with: Add a trailer on the front lot and rent it for $800/monthly. LOCATION: Atkinson is an incorporated town in Henry County, Illinois. The population was 965 at the 2020 census. Atkinson is located: 16 miles from Kewanee, IL 31 miles from Moline, IL 33 miles from Bettendorf, IA 36 miles from Davenport, IA 38 miles from Rock Island, IL 68 miles from Peoria, IL 144 miles from Chicago, IL The median home cost in Atkinson is $141,500. Home appreciation the last 10 years has been 34.4%. Home Appreciation in Atkinson is up 8.3%. Renters make up 11.5% of the Atkinson population. Atkinson has an unemployment rate of 5.9%. The US average is 6.0% The Median household income of a Atkinson resident is $49,640 a year. The US average is $69,021 a year. Atkinson property crime is 20.1. (The US average is 35.4). Henry County is a county located in the U.S. state of Illinois. The 2010 United States Census, listed its population at 50,486. Its county seat is Cambridge. Henry County is included in the Davenport-Moline-Rock Island, IA-IL Metropolitan Statistical Area. Located in Henry County in Northwest Illinois is Kewanee, known as the Hog Capital of the World. A gigantic celebration is held every Labor Day weekend where 50 thousand pork chops are grilled and sold to the public. The Quad Cities is a region of cities (originally four, see History) in the U.S. states of Iowa and Illinois: Davenport and Bettendorf in southeastern Iowa, and Rock Island, Moline and East Moline in northwestern Illinois. These cities are the center of the Quad Cities metropolitan area, which as of 2013 had a population estimate of 383,781 and a Combined Statistical Area (CSA) population of 474,937, making it the 90th-largest CSA in the nation.
Reagan Drive
$875KAlpha Park is a 19-site mobile home community located on 1.60 acres in Eureka, IL. The park was developed in the 1950's and has served the community by offering an affordable housing option since that time. The property is zoned MHP. The park is not located in a flood zone. The park has local management and maintenance. The average pad site is 0.08 acres. The pads are predominantly 12 x 60 (see rent roll for full breakdown of pad sizes). There are currently not any trailers that need to be removed from the premises. Of the 15 occupied pads in the park, all are POH's averaging $765/month. Rents are approaching market levels and should be considered a value-add component for the next owner. There are currently no tenants behind in their rent. The park utilizes annual leases that transition into month-to-month. The tenants currently pay their rent by dropping it off at the bank, cashapp, or venmo. The trailers are predominantly 60's models with a few 70's models. Alpha Park is on CITY WATER & CITY SEWER! The underground water pipes are PVC and they were replaced approximately 10-years ago. The sewer lines are six-inch clay tile. The electrical pedestals are believed to be 100 amps. The park is currently paying the water/sewer bill for the tenants (perfect candidate for water meters!). The park is also paying for Garbage removal. The tenants are direct billed by their respective providers for electric and gas. The road in front of the park is owned & maintained by the City of Eureka. The park road is asphalt and is considered to be in extremely good condition. The park mows the entire park. The park utilizes a local contractor for snow removal. Location Eureka is a city and the county seat of Woodford County, Illinois. The population was 5,295 at the 2010 census. Eureka is part of the Peoria, Illinois Metropolitan Statistical Area. Eureka is a small community centered on the intersection of what is now U.S. 24 and Illinois 117. It is also one of the towns along the Ronald Reagan Trail, a series of roads that connect towns in central Illinois that were of importance to Reagan's early life. President Reagan attended and graduated from Eureka College. The median home cost in Eureka is $161,400. Home appreciation the last 10 years has been 26.6%. Home Appreciation in Eureka is up 7.3%. The median age of Eureka real estate is 45 years old. Renters make up 32.6% of the Eureka population. The average one-bedroom unit rents for $710/month. The average two-bedroom unit rents for $900/month. The average three-bedroom unit rents for $1,170/month. Eureka has an unemployment rate of 4.5%. The US average is 6.0%. Future job growth over the next ten years is predicted to be 20.8%, which is lower than the US average of 33.5%. The Median household income of a Eureka resident is $73,147 a year. The average household income is $100,620 a year. Eureka violent crime is 15.7. (The US average is 22.7) Eureka property crime is 18.7. (The US average is 35.4) Woodford County is a county located in the state of Illinois. The 2020 United States Census listed its population at 38,467. Its county seat is Eureka. Woodford County is part of the Peoria, IL, Metropolitan Statistical Area. Its name comes from General William Woodford, an officer of the American Revolutionary War who served at the brutal military encampment at Valley Forge, Pennsylvania. The Peoria Metropolitan Statistical Area, as defined by the United States Census Bureau, is an area consisting of six counties in Central Illinois, anchored by the city of Peoria. As of the 2020 census, the area had a population of 402,391. The City of Peoria, according to the 2020 US Census Bureau, has 113,150 people.
10-38 Danville Street
$850KWestville Estates MHP is a 15-site mobile home community located on 1.89 acres on the outskirts of Westville, IL. The park was developed in the 1960's and has served the community by offering an affordable housing option since that time. The property is zoned 0030 (Vacant Lots-Land/6 units). The park is not located in a flood zone. The park is presently managed by an on site manager. The park also has a maintenance man on site. The owner of Westville Estates says the pad sites are 14 x 60 and average around 0.12 acres/home. There are currently not any trailers that need to be removed from the premises. Of the 15 occupied pads in the park, 14 are POH's averaging $700/month. There is one RTO unit in the park at this time. None of the tenants are currently behind in their rent. The park predominantly utilizes annual leases for the the residents. The tenants currently pay their via Cashapp and Venmo. Westville Estates is on CITY WATER & CITY SEWER! The underground pipe material is copper. The electrical pedestals are believed to be 100 amps. The park bills back the tenants for water & sewer currently. The park is also paying for Garbage removal. The tenants are direct billed by their respective providers for electric and gas. The road in front of the park is owned & maintained by the City of Westville. The park road is asphalt and are considered to be in great condition. The tenants currently mow their own pads and the park takes care of any common areas. The city handles snow removal on the road. The tenants are responsible for removing snow from their own drives but sometimes receive assistance from the city as well. The owner has renovated five trailers since purchasing the park. Location: Westville, IL, is a small village located in Vermilion County, approximately 10 miles south of Danville and near the Indiana border. The community benefits from its proximity to larger markets like Danville and Champaign while maintaining a rural, small-town atmosphere. Westville offers a strategic location for businesses seeking access to both local and regional markets via nearby highways, including Illinois Route 1 and Interstate 74. The village has a population of around 3,000 residents, providing a stable labor force and a supportive local economy. Commercial real estate opportunities in Westville cater to small businesses, light industrial, and service industries. The area's affordability, combined with its quiet setting and proximity to larger urban centers, makes it an attractive option for investors looking for lower property taxes and operational costs. The median home cost in Westville is $84,400. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Westville is up 14.5%. Renters make up 22.0% of the Westville population. Vermilion County has an unemployment rate of 5.0%. The US average is 4.2%. Future job growth over the next ten years is predicted to be 17.5%. The Median household income of a Westville resident is $54,912 a year. The US average is $81,604 a year. Westville violent crime is 16.3. (The US average is 22.7) Westville property crime is 22.2. (The US average is 35.4) Westville is located approximately: 10 miles south of Danville, IL 40 miles east of Champaign, IL 50 miles SW of Lafayette, IN 85 miles west of Indianapolis, IN 150 miles south of Chicago, IL The average 1-bedroom unit rents for $580/month. The average 2-bedroom unit rents for $760/month. The average 3-bedroom unit rents for $960/month. The average 4-bedroom unit rents for $1,020/month. Here’s a list of some of the largest employers in Vermilion County, IL, along with their approximate number of employees: • OSF Sacred Heart Medical Center (1,100 employees) • Danville Community School District 118 (800 employees) • VA Illiana Health Care System (1,000 employees employees) • Watchfire Signs (400 employees) • Viscofan USA, Inc. (500 employees) • McLane Midwest (400 employees) • Vermilion County Government (300 employees) • AutoZone Distribution Center (300 employees)
Nauvoo Mobile Home Park
$850KNauvoo Mobile Home Park is a well-maintained, 25-pad manufactured housing community located in the historic river town of Nauvoo, Illinois. Situated on 3.89 acres and zoned commercially for manufactured housing, the property presents a stable, income-producing investment with immediate upside potential through infill opportunities. Believed to have been established approximately 70 years ago, the park has stood the test of time in a community that continues to draw steady regional interest for its quality of life, affordability, and tourism appeal. Nauvoo sits along the scenic Mississippi River in Hancock County, Illinois, roughly 90 miles west of Peoria and 45 miles southwest of Burlington, Iowa. Best known for its deep historical ties to the Church of Jesus Christ of Latter-day Saints (LDS), Nauvoo attracts hundreds of thousands of visitors each year who come to tour the beautifully restored Nauvoo Temple, pioneer-era homes, and living-history sites. Tourism supports a vibrant small-town economy with restaurants, shops, and lodging catering to both visitors and residents. Beyond its religious tourism base, the area also offers river recreation, wineries, and local festivals, providing year-round activity and stability for the local housing market. The park’s current owner has held the property for a little over a year and is selling as part of a broader asset repositioning strategy. The community is not located in a flood zone, and its commercial zoning ensures the continued legal operation of the park. Nauvoo MHP currently operates with 25 total pads, 21 of which are occupied, offering a high occupancy rate and immediate cash flow. The property is professionally managed with both an on-site manager and an on-site maintenance man providing consistent oversight and upkeep. Of the 25 pads, 18 are tenant-owned homes (TOHs) and 3 are park-owned homes (POHs). The average pad rent is $300 per month, with the most recent increase effective August 1, 2025. The three POHs rent for an average of $650 per month, with the owner holding clear titles to all. The last rent increase for the park-owned homes occurred on May 1, 2025. The park maintains 100% current rent collections, and all tenants are on written leases. Rent payments are accepted via Cash App, Venmo, and traditional checks, providing convenience and consistent collections. There are no tenants behind on rent at this time. No units are being held for back taxes. The park is connected to city water and city sewer, both of which are paid by the park. Garbage service is also provided. The underground water and sewer lines are believed to be PVC, ensuring durability and reduced maintenance costs. Each pad has individual electric and gas meters, and tenants are billed directly by the utility providers. While there are no water meters installed at each pad and no RUBS or back-billing, the system is fully functional and easily adaptable for future meter installations. The electrical pedestals are rated at 100 amps. Roads within the park are gravel and considered to be in good condition, with maintenance handled by the park. Tenants mow their own lots, while the park mows the common areas and vacant pads, and the on-site maintenance man provides snow removal as needed. The current owner has renovated three homes during his ownership, improving the overall quality and appearance of the community. He notes that if he were to retain the property, his next step would be to add two homes on the remaining vacant pads to achieve full occupancy. All existing trailers are in place and no removals are required, with one trailer currently vacant and ready for occupancy. Nauvoo MHP offers investors a stable and straightforward acquisition in a tight-knit, tourism-supported community. The park’s strong collections, reliable tenancy, and public utilities provide a low-maintenance investment with room for incremental income growth through modest rent increases or full occupancy. With its established infrastructure, local management in place, and proximity to one of Illinois’ most visited historic towns, this property combines dependable cash flow with long-term appreciation potential. There are no assumable loans or creative financing structures in place for this MHP; the seller is NOT open to seller-financing or Morby Stack offers. Location: Nauvoo is a small city in Hancock County, Illinois, on the Mississippi River near Fort Madison, Iowa. The population of Nauvoo was 950 at the 2020 census. Nauvoo attracts visitors for its historic importance and its religious significance to members of several groups: The Church of Jesus Christ of Latter-day Saints; the Community of Christ (formerly the Reorganized Church of Jesus Christ of Latter-day Saints); other groups stemming from the Latter Day Saint movement; and the Icarians. The city and its immediate surrounding area are listed on the National Register of Historic Places as the Nauvoo Historic District. The Church of Jesus Christ of Latter-day Saints also owns most of the other historic sites in Nauvoo, including the homes of Brigham Young, Heber C. Kimball, and other early members of the church, as well as other significant buildings. Most of these sites are open to the public, with demonstrations and displays, and there are self guided driving tours as well as wagon tours. These tours are free, as are the stage and riverside theatrical productions. There is a large visitors' center complete with two theaters. The median home cost in Nauvoo is $123,700. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Nauvoo is up 14.9%. Renters make up 25.0% of the Nauvoo population. The typical 1-bedroom unit rents for $650/month. The typical 2-bedroom unit rents for $780/month. The typical 3-bedroom unit rents for $1,040/month. The typical 4-bedroom unit rents for $1,200/month. Nauvoo has an unemployment rate of 5.3%. The US average is 6.0%. Future job growth over the next ten years is predicted to be 17.2%, which is lower than the US average of 33.5%. The Median household income of a Nauvoo resident is $43,000 a year. The US average is $69,021 a year. Nauvoo violent crime is 17.5. (The US average is 22.7) Nauvoo property crime is 19.9. (The US average is 35.4) The Fort Madison–Keokuk, IA-IL-MO Micropolitan Statistical Area, as defined by the United States Census Bureau, locally known as the "Tri-State" area, was an area consisting of three counties – one in southeast Iowa, one in northeast Missouri, and one in west central Illinois, anchored by the cities of Fort Madison, Iowa and Keokuk, Iowa.
Charleston, IL area MHP Portfolio
$850KThe Charleston, IL area MHP Portofolio is a three park portfolio in east central Indiana. The three properties are managed by a husband/wife team that provides both management as well as maintenance. They live onsite in the MHP in Ashmore. The other two properties are located within 19-miles of Ashmore and they have effectively managed all three locations for the past two years. Green Acres MHP (Ashmore, IL) Green Acres Home Park is a peaceful 24-pad affordable home community located on 6.30 acres on the outskirts of Ashmore, IL (Charleston–Mattoon Micropolitan Statistical Area.) The park was developed in 1978. The property is zoned commercial and the park is presently in compliance. The park is not located in a flood zone. The park has a husband/wife team that serve as the manager and maintenance man who live onsite. The pads will accommodate 70 foot trailers. The park has one oversized 80 foot trailer that extends over a couple of feet each direction. There are three vacant trailers that either need to be removed or renovated (whatever suits your park model best). Of the 24-pads in the park, fifteen are occupied. Twelve are TOH's averaging $350/month. There are currently three POH's averaging $715/month. There is a 40' x 28' shed on the property that the manager uses in exchange for payment. There are currently nine vacant pads. The rent for the TOH's has not been raised since 2020. The park utilizes utilizes leases. Currently none of the tenants are behind in rent. Tenants pay rent by Cashapp, venmo, or check. Green Acres Mobile Home Park is on city water and city sewer. The underground pipe material consists of a combination of plastic with PEX for the laterals. The electrical pedestals are 100 amps. The park has water, electric meters & gas meters to each pad. The tenant is direct billed by the provider for electric & gas, and back billed for water (Metron meters). The roads through the park are a combination of asphalt & gravel and 3/4 of the road is maintained by the city (up to lot #22). The tenants are responsible for mowing their own space. The park mows the empty pads and common spaces. The city takes care of snow removal (as needed). Westfield MHP (Westfield, IL) Westfield Mobile Home Park is a smaller 13-pad affordable home community located on 2.60 acres on the outskirts of Westfield, IL (Charleston–Mattoon Micropolitan Statistical Area.) The park was developed in 1978. The property is zoned 0040 (improved lots) and the park is presently in compliance. The park is not located in a flood zone. The pads will accommodate 70' foot trailers. A couple of pads will accommodate 80' foot trailers. There are no vacant trailers that either need to be removed. Of the 13-pads in the park, three are occupied. Two are TOH's averaging $350/month. One is a RTO averaging $550/month. There is a 20' x 24' shed on the property that the owner uses to store equipment and skirting. There are currently ten vacant pads. The park utilizes utilizes leases, as well as one RTO annual lease. Currently none of the tenants are behind in rent. Tenants pay rent by Cashapp, venmo, or check. Westfield Mobile Home Park is on city water. The park is currently using a septic system but that is expected to be phased out within the next couple of years. The city has received a $5 million dollar grant to put in a public treatment system. The underground pipe material consists of a combination of black plastic for the water, and schedule 40 PVC for the septic. The electrical pedestals are 100 amps. The park has water, electric meters & gas meters to each pad and they are all billed directly from the provider. The roads through the park are a combination of asphalt & gravel and the road is maintained by the city. The tenants are responsible for mowing their own space. The park mows the empty pads and common spaces. The city takes care of snow removal (as needed). Mock MHP (Toledo, IL) Mock Mobile Home Park is a smaller 10-pad affordable home community located on approximately 2.42 acres on the outskirts of Toledo, IL (Charleston–Mattoon Micropolitan Statistical Area.) The park was developed in 1978. The property is zoned 0061 (vacant commercial lots) and the park is presently in compliance. The park is not located in a flood zone. The pads will accommodate 70' foot trailers. There are no vacant trailers that need to be removed. Of the 10-pads in the park, three are occupied TOH's averaging $383/month. There are currently seven vacant pads. The park utilizes leases. Currently none of the tenants are behind in rent. Tenants pay rent by Cashapp, venmo, or check. Mock Mobile Home Park is on city water and city sewer!!! The underground pipe material is plastic. The electrical pedestals are 100 amps. The park has water, electric, & gas meters to each pad and they are all billed directly from the provider. The roads through the park are a gravel and the road is maintained by the park. The tenants are responsible for mowing their own space. The park mows the empty pads and common spaces. The park takes care of snow removal (as needed). Location Here are the largest employers in Coles County: • Sarah Bush Lincoln Health Center (2447 employees) • Eastern Illinois University (1250 employees) • Lake Land College (400 FT, 571 PT employees) • Rural King (600 employees) • Mattoon School District (432 employees) • Charleston School District (300 employees) • Consolidated Communications (292 employees) • First Mid Bank & Trust (270 employees) • Blue Cross Blue Shield (225 employees) • Spherion (221 employees) • Coles County (180 employees) • Mars Petcare (140 employees)
Lucky’s MHP
$575KThe MHP Value Team is pleased to present a 75-space mobile home park redevelopment opportunity located at 2861 Calvin Blvd, Cahokia, Illinois, within the St. Louis Metropolitan Statistical Area. The community is substantially vacant, with only two non-paying residents that a new owner can either implement leases with or pursue eviction. The property also includes two abandoned, non-salvageable homes that will require removal, providing investors with a near blank-slate redevelopment opportunity. The property is served by public water and sewer, with sub- metered electricity already in place, providing a strong infrastructure foundation for redevelopment. A new owner can implement a phased infill strategy, bringing in homes over time while building occupancy and cash flow. Located just minutes from Downtown St. Louis and major interstate highways, the property offers convenient access to one of the Midwest's largest employment centers. Continued demand for affordable housing throughout the Metro East supports the opportunity to reposition and stabilize the community. With existing utility infrastructure, strong regional accessibility, and significant infill potential, the property presents a compelling value-add opportunity for experienced manufactured housing operators and developers.
Tomlinson MHP
$550KTO VIEW FINANCIALS, CLICK **VIEW OM” OR “SEE DUE DILIGENCE”, SIGN THE CONFIDENTIALITY AGREEMENT, AND YOU WILL HAVE IMMEDIATE ACCESS”. CONTACT MARK JOHNSON WITH ANY QUESTIONS MARKJ@MHPVALUE.COM 314.358.3521 The MHP Value Team is pleased to offer for sale Tomlinson Mobile Home Park, a 27-unit mobile home community located at 303 East Little Street in Rushville, Illinois. The community consists of 11 occupied park-owned homes, 7 tenant-owned homes, and 9 vacant lots. The property provides an established income stream with 18 occupied sites while offering a clear path to increase revenue through the lease-up of the 9 vacant lots. An additional value-add opportunity is to transition select park-owned homes into rent-to-own arrangements, providing the opportunity to generate additional income while potentially converting park-owned homes into tenant-owned homes over time. The combination of infilling vacant sites and implementing a strategic RTO program provides multiple avenues for a new owner to improve occupancy and grow NOI. A new investor has the opportunity to enter the park with double digit cash on cash returns with a mix of park-owned and tenant-owned homes, and significant occupancy upside. With 9 vacant lots available for future infill and additional potential through RTO conversions, Tomlinson Mobile Home Park offers a straightforward value-add opportunity for an investor looking to grow income and improve the overall performance of the community.
3760 East William Street Road
$545KA rare investment opportunity: a 26-space mobile home park located in a stable, income-producing niche.This asset offers both immediate cash flow and upside potential from rent growth, lot fill-out, and value-add management.
Erie, Illinois Mobile Home Park
$350KMobile Home Park Investor Dream Scenario This is an entry level park that is easy to manage from out of town. All utilities direct billed to the residents including trash. City owned and maintained street. The only expenses are taxes, insurance, mowing two lots, and licensing. Below market rents. Only one park owned home. The water and sewer main was replaced in recent years by the owner. Income is based off lot rent only and not the home rent. One 2023 model home is included in the sale price. Broker owned.
Meadow Vista Mobile Home Park
$300KMeadow Vista was built in the 1970s and is licensed for 38 mobile home sites. The owner lives in central Illinois and the park is set up for an owner to manage remotely. Tenants make direct rent deposits to a local bank and a resident greeter handles showings of vacant homes. A resident greeter reports any issues directly to the owner and subcontractors are already in place for maintenance. Each site in the community can accommodate a single-wide home with two off-street parking spaces. The park is serviced by city water and sewer. Currently, 16 of the sites are occupied, nine of them are owned by the tenant, and 7 are owned by the park. All of the homes owned by the park are included in the sale. Tenants pay their own utilities including, electric, gas, water, sewer, and trash. Water is master metered and all tenants are sub-metered. The paved roads are in adequate condition.
665 W Wilmot St
$110KUnique investment opportunity to add to your portfolio! Commercial lot with current cash flow and future upside. This C-2 zoned property on over half an acre includes an updated single-family rental home plus additional income from existing mobile home lot rentals. While no additional mobile homes may be added, the property offers strong potential as a long-term commercial investment with interim income already in place. Ideal opportunity for an investor looking to offset holding costs while planning for future redevelopment, commercial use, or repositioning. All tenants have their own Ameren meters and water lines have a submeter system installed for easy billback of water and sewer usage. Single Family home is a 2 bed, 1 bath with recent updates: roof, flooring, tile shower, drain line, water lines, furnace, water heater and a light kitchen remodel within the last 3 years. House rents for $975 and the 3 lots rent for $250 each.
Frequently Asked Questions
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What drives mobile home park values in Illinois?▾
Occupancy, lot rent relative to the local market, whether the park is on public utilities, and the share of park-owned versus tenant-owned homes. Deferred infrastructure — particularly private water and sewer — is usually the largest single adjustment to price.
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Yes — Parkvestor currently lists 21 mobile home parks for sale in Illinois. Request full financials on any listing for a direct introduction to the listing broker, free and with no account required.
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