Specialville Estates – Mobile Home Community | Chicago, IL MSA

Highlights:

• 42-site mobile home park community located in Dixmoor, IL (±30 minutes from Downtown Chicago)
• Significant value-add potential through infill of vacant sites with new or used park-owned-homes, and tenant-owned-home rentals
• In-Place NOI = $150,000 at 100% current physical occupancy
• Stabilized / leased-up proforma NOI is in excess of $300,000
• The property features the lowest lot rents in the market, providing safe, clean, quiet, and affordable housing within the greater Chicago area
• Conveniently located across from Lincoln Elementary School and just minutes from I-57, I-294, and major area employers

Description:

Ri Marketplace Online Auction February 16th-18th, 2026
Register to bid on Marketplace:

https://rimarketplace.com/auction/2962/specialville-estates-mobile-home-community-chicago-il-msa?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_2962

Friedman Real Estate, in collaboration 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 ±100% physically occupied with in-place NOI of approximately $150,000. There is meaningful value-add potential as the community has the lowest lot rents in the market, providing the opportunity for a new owner to increase rents and implement additional revenue streams. Stabilized NOI is projected to exceed $300,000 annually. The property is located directly across from Lincoln Elementary School and is minutes from I 57 and I 294, surrounded by complementary employers and retailers.

The community consists of 23 tenant owned homes, 3 park owned homes under rent to own agreements, and 16 vacant sites, providing immediate infill upside. Economic occupancy is approximately 70%, creating a clear path to increased cash flow through leasing vacant lots and aligning rents with the market. Average lot rent is $664 per month compared to approximately $918 at comparable communities in Blue Island and Dixmoor, offering substantial near term rent growth potential.

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.


Scott Bowers
c/o Fisher Auction Company Inc.
License: 040000273
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: