551-564 N Clarence AvenueWatseka, IL 60970
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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.
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 4 years ago | Status changed to Active Under Contract | |
| 4 years ago | Listing first seen on site |
Based on information submitted to the MLS GRID as of 2025-07-21 06:07 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-07-21 06:07 PM UTC
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