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Listing Details

497 E Berrien St Galesburg, IL 61401
$125,000
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TURN-KEY facility features already thriving business & needs new owners to take it to the next level! Flexible lease options available! Equipped w/bar, kitchen, dining area, 3,000+ sq ft w/ karaoke, darts & pool tables, perfect private party venue! Smooth transition so you can start making money day 1 plus more income w/ 2 rental units! Double garage access for Apt 1, perfect for manager/owner. Apt#2 has private entrance & spacious living area. NEW ROOF 2017, & several interior updates top to bottom, must see! Flexible sale & lease options are available, inquire today! Agent related to seller.

Square Feet: 3962 Bedrooms:

Listing

Property Age:117
Directions:847 E. Berrien, Corner Of Berrien And Chambers.
Legal Description:Sd Lots 1, 2 & 3 Blk 60 Lot 6 Ex N 66' Of W 12'
Date Listed:2018-03-13
MLS Number:181410
List Price:$125,000
Owner Financing Y/N:Yes
PropertyFeatures:Additional Insulation,Attic Storage,Common Entrance,Efficiency Windows,Private Entry
Zoning:Commercial

Location

Address City:Galesburg
Address County:Knox
Address Zip Code:61401
School District:Galesburg Cusd #205
Address State:Il
Address Street Name:Berrien St

Income

Efficiency 1 Bath Units:2
Efficiency Rooms:1
Efficiency Units:Bar
Gross Income:6800
Net Income:2840.16

Dwelling

Basement Type:Partial
Building Type:Other
Cooling:Window Unit
HeatingSource:Natural Gas
Sewer:City
SqFt Total:3962
# of Stories:1.5
Television:Cable Ready
Total Units:2
1 bed 1 bath units:1
1 Bedroom Units:1
2 bed 1 bath units:1
2 Bedroom Units:1
Utilities:Other-See Remarks
Water:City
Wheel Chair Access Desc:Potential
Window A/C Units:1

Taxes / Expenses

Electrical Expenses:150
Operating Expenses:3959.84
Fuel Expense:100
Insurance Expenses:700
LeaseInformation:12 Month Lease,Monthly,Security Deposit,Other-See Remarks
Maintenance Expenses:300
Other Expenses:120
Tax Amount:2464.84
Tax ID:9914152009
Tax Year:2016
TenantExpenses:Cable Tv
Trash Expenses:55
Water Expenses:70

Interior

Refrigerators:1
1 Bedroom Rooms:3
2 Bedroom Rooms:4

Rooms

Rooms:7

Exterior

Construction:Vinyl,Wood
Garage / Carport Spaces:2

Grounds / Land / Lot

Area / Zone Sort:303
Area / Zone Code:Galesburg Southeast
Lot Size:124 X 132
ParkingDesc:Parking Lot
# Parking Spaces:25

Photos

Map

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Listed by: Mel Foster Co. Galesburg  /   MLS: 181410