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376 BROAD ST Galesburg, IL 61401
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Key Details
Sold Price $48,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 2,344 sqft
Price per Sqft $20
Subdivision Galesburg
MLS Listing ID CA1029872
Sold Date 09/24/24
Originating Board rmlsa
Year Built 1916
Annual Tax Amount $1,107
Tax Year 2023
Lot Dimensions 165 x 66
Property Description
Great income potential for the 4 unit apartment residential building! Historically has generated $500 per unit for about $24,000 gross yearly income rate. Current owner pays $1,100 per year insurance, $1,000 per year management expense, & $150 per year for lawn & snow removal. Ameren power bill printouts x 2 available. Upper unit 376, tenant is planning to move about July 6. Lower level 378 unit, tenants are in the process of eviction. 376 lower & upper units each have 1 BR, 1 full BA, Kitchen, & Living room. 378 upper & lower unit each have 1-2 bedrooms, 1 bath, kitchen & living room. Unable to view 378 lower at this time. Age of roof ~2017, 1 new furnace 2022. Selling AS-IS
Location
State IL
County Knox
Area Galesburg Northwest
Direction N Broad St.
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water, Radiant, No Cooling
Fireplace N
Laundry None
Exterior
View true
Roof Type Slate
Street Surface Private Road
Total Parking Spaces 2
Garage 1
Building
Lot Description Level
Faces N Broad St.
Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1361423Group_1\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1361423Group_2\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1361423Group_3\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_FireplaceYN\":\"N\",\"UnitTypeKey\":\"RMA1361423Group_4\"}]
Foundation Brick
Water Public Sewer, Public
Structure Type Vinyl Siding
New Construction false
Schools
High Schools Galesburg
Others
Tax ID 9910403042
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