Highly Amenitized MHC with Compelling Upside
Canton, IL
Asking price
Price on request
Sites
128
Cap rate
—
Price / site
—
About this property
Description (Find us at MHCListings.com) Please inquire for pricing - this is an incredible value for a community of this size and quality. The property is 128 spaces in an attractive residential setting with mature trees and spacious lots. Attract your new residents with the abundance of amenities offered here - many of which have seen recent investment. There is a clubhouse, playground, dog park, picnic shelter and a storm Shelter. There are 10 vacant homes included in this deal, and several have recently been made ready, so they may actually sell/lease prior to closing. IL Broker of Record: John Sheahan, Jr., SIOR, NAI DESCO.
All details
Figures are transcribed from the source listing as published. “Source page last checked” is when our crawler last fetched that page — it is not a check of the financials and not confirmation from the broker.
| Asking price | Price on request |
|---|---|
| Sites | 128 |
| Address | 128 Spaces 1100 West Locust Street |
| First seen by UnitListed | Sep 12, 2026 |
| Source page last checked | Sep 12, 2026 |
| Source last changed | Sep 12, 2026 |
Before you call the broker
8 things are not disclosed on this listing. These are the questions that would close the gap — specific to a park, not a generic list.
Asking price — not disclosed
What is the asking price, and is it firm or inviting offers?
Everything else is measured against it. A price on request is normal, but it means you cannot screen this against your budget yet.
Net operating income — not disclosed
What is the trailing twelve-month NOI, and what does it include and exclude?
The single number a lender will size debt against. Ask what is excluded — management fees and reserves are the usual omissions.
What period the financials cover — not disclosed
Are these figures trailing twelve months, last calendar year, or projected?
A projected stabilised NOI and a current operating NOI can differ by a third, and both get called "NOI".
Gross income and operating expenses — not disclosed
Can you share a trailing twelve-month profit and loss, with the expense lines itemised?
NOI alone hides whether income is high or expenses are being under-reported. The split is what you underwrite.
Reason for sale — not disclosed
Why is the owner selling, and how long have they held it?
Never published on a listing, always worth knowing. Retirement and a looming capital bill are very different situations.
Operating season and seasonal mix — not disclosed
Is this year-round or seasonal, and what is the split between seasonal, monthly and transient guests?
A seasonal park with a five-month window is a different business from a year-round one at the same annual revenue.
Utility infrastructure — not disclosed
Are water, sewer and electric municipal or private, and what condition is the infrastructure in?
A private septic or well at end of life is a capital item that can exceed a year of NOI, and it will not appear in the expenses.
Permits and non-conforming use — not disclosed
Is the current site count permitted, and is any of it legal non-conforming?
A park operating more sites than it is permitted for cannot be financed at the income it shows.
Currency of the asking price — disclosed
Site count and hookup mix — disclosed
Whether the land is included — disclosed
What has changed
Every date below is when we observed a change, not when it happened. We first saw this listing on Sep 12, 2026; that is not the same as when it came to market, and we have no way to know the latter.
- Sep 12, 2026First seen by UnitListed
The asking price has not changed across any of our observations.
