260 N BROAD ST Active Save Request In-Person Tour Request Virtual Tour
Galesburg,IL 61401
Key Details
Property Type Single Family Home
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 2,936 sqft
Price per Sqft $32
MLS Listing ID CA1035494
Year Built 1900
Annual Tax Amount $1,581
Tax Year 2023
Lot Size 0.270 Acres
Property Sub-Type Residential Income
Property Description
Exceptional Investment Opportunity. This property is conveniently located near Galesburg's downtown area. All four units are currently rented with either 1 year leases or beyond to month to month. Two units have been fully renovated and 2 have been updated since current owner purchased property. Electric baseboard heaters were also incorporated into all units so tenant pays own heat and electric. Owner pays all and gas and electric for common areas/outside only. Owner's total is combined and listed under gas expense. There are 2 small rooms that could be finished for storage, laundry or studios and possibly some additional income
Location
State IL
County Knox
Area Galesburg Northeast
Interior
Heating Forced Air,Natural Gas,Window Unit(s)
Exterior
View true
Roof Type Shingle
Building
Lot Description Level
Foundation Block,Brick/Mortar
Water Public Sewer,Public
Structure Type Vinyl Siding
New Construction false
Schools
High Schools Galesburg