551-564 N Clarence Avenue — Watseka, IL 60970
Active Under Contract
Watseka, IL 60970

551-564 N Clarence Avenue

$2,000,000
0 beds · 0 baths
Listed at $2,000,000 1834 days on market $6,458/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$2,000,000
List price
Square feet
Bedrooms
Bathrooms
1990
Year built
4.94 ac
Lot size
Garage spaces
$6,458
Annual taxes
Multi Family 5+
Style
1834
Days on market
04Features
Cooling
Wall Sleeve
Construction
Wood
05Neighborhood
  • Steak 'n Shake 1.1 mi
  • Taco Bell 1.1 mi
  • McDonald's 1.1 mi
  • Berkot's Super Foods 0.7 mi
  • Walmart Supercenter 1.3 mi
  • Peters Park 0.4 mi
  • Kay Park 1.1 mi
  • Forest Park 1.2 mi
  • Legion Park 1.5 mi
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 19, 2021
Listed for saleThis listing
McColly Bennett Real Estate
$2,000,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
Listed by McColly Bennett Real Estate · Buck Tamblyn · 815-549-4301
MLS data provided through MLS GRID · MRED MLS · MLS# MRD11093257
Talk to an agent