Specialville Estates – Mobile Home Community | Chicago, IL MSA

Investment Highlights

• 42-Site Mobile Home Park Community Located in Dixmoor, IL (±30 minutes from downtown Chicago)
• Substantial Value-Add Potential!  
• In-Place NOI = $122,000 (at just 62% occupancy)
• Stabilized NOI = ±$243,000
• Features the lowest lot rents in the area, providing safe, clean, quiet, and affordable living in Dixmoor, IL.
• Conveniently located directly across from Lincoln Elementary School and just minutes from I-57 and I-294.
• ±100,000 people live within 5-miles of the subject property with $55,000 median household incomes

Property Overview

Friedman Real Estate, in conjunction with RI Marketplace, is pleased to offer the exclusive marketing and sale of Specialville Estates, a ±42-site mobile home park community situated in Dixmoor, IL (Chicago, IL MSA). The property is currently ±62% occupied, with an in-place NOI of approximately $122,000. There is significant potential for value enhancement as the community features the lowest lot rents in the area, allowing a new owner to increase rents and implement additional revenue streams. The stabilized NOI is projected to be around $243,000 per year. The property is conveniently located directly across from Lincoln Elementary School and is just minutes from I-57 and I-294, surrounded by complementary employers and retailers.

Dixmoor, Illinois, is a village located in the southern suburbs of Chicago, nestled within the Chicago metropolitan area. Known for its small-town charm and residential neighborhoods, Dixmoor offers a peaceful contrast to the bustling city life of Chicago. The village is strategically positioned near major highways, such as I-57 and I-294, providing residents with convenient access to the extensive amenities and cultural attractions of downtown Chicago. This proximity allows Dixmoor to benefit from the economic opportunities and diverse services available in the larger city while maintaining its own unique community atmosphere.

Chicago, Illinois, is a vibrant and diverse city renowned for its rich cultural heritage and architectural landmarks. As the third-largest city in the United States, Chicago boasts a dynamic arts scene, world-class museums, and a bustling culinary landscape. The city is known for its iconic skyline, featuring landmarks such as the Willis Tower and John Hancock Center. Located on the shores of Lake Michigan, Chicago offers a mix of historic neighborhoods and modern amenities, making it a major hub for business, entertainment, and innovation. Its extensive public transportation system and strategic location enhance its role as a key economic and cultural center in the Midwest.