551-564 N Clarence Avenue
Watseka, IL, 60970
$2,000,000
3 Beds
2 Baths
0 SqFt
4.94 Acres
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MLS #MRD11093257 image #0
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.

Property Details

Price:
$2,000,000
MLS #:
MRD11093257
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Commercial
Neighborhood:
watseka
Listed Date:
May 19, 2021
Year Built:
1990
WatsekaWatseka

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Schools

Interior

Cooling
Wall Sleeve

Exterior

Construction Materials
Wood
Roof
Composition
Stories
1

Financial

Tax Year
2024
Taxes
$6,458

Map

Community

Market Summary

Current real estate data for Commercial in Watseka as of Jun 09, 2026
3
Commercial Listed
786
Avg DOM
$744,967
Avg List Price

Property Summary

    551-564 N Clarence Avenue Watseka IL is a Commercial for sale in Watseka, IL, 60970. It is listed for $2,000,000

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551-564 N Clarence Avenue
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