


551-564 N Clarence Avenue
Watseka, IL
$2,000,000
551-564 N Clarence Avenue
Watseka, IL 60970
$2,000,000
List Price
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About This Property
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 a...
Property Details
Key Facts
Listed for sale
MLS #MRD11093257
$2,000,000
May 19, 2021
Mortgage Estimate
$11,841
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551-564 N Clarence Avenue, Watseka, IL 60970
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Listing data is provided in part by Midwest Real Estate Data LLC (MRED). Information is deemed reliable but not guaranteed accurate and should be independently verified. Properties may be listed by brokerages other than Abode Real Estate. © 2026 Midwest Real Estate Data LLC. All rights reserved.
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