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Listing Details

589 Losey Galesburg, IL 61401
$210,000
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Two apartment buildings including 7 units total with each unit containing a living room, kitchen bedroom and bath. 2 Story building features 1 lower level apartment, 2 main level apartments, and 2 second level apartments. The carriage house offers upper/lower units. Off street tenant parking and coin operated laundry provided for all tenants. Vinyl siding, and roof replaced within the last three years. 50+ newer replacement windows have been installed. This apartment complex presents an opportunity for consistent income flow, and great investor opportunity. Call today!

Square Feet: Bedrooms: 7

Listing

Listing Price:210000
Address Direction:E
List Date:2022-06-28
MLS #:Ca1015241
Year Built:1900
Legal Description:Markham Sub Lot 1 (Ex W 12')

Location

Address Number:589
Address Street:Losey
City:Galesburg
State:Il
Zip:61401
Address:589 E Losey Street
County:Knox
Elementary School:Silas Willard
Middle School:Lombard
High School:Galesburg
Subdivision:Markham

Income

Sale/Rent:For Sale
U1 $ Rent:450
U2 $ Rent:450
U3 $ Rent:450
U4 $ Rent:375
Gross Annual Rent Income:37200
Misc Annual Income:1000
Gross Annual Income:38200
Net Operating Income:26516
LEASE INFORMATION:1 Year,Month-To-Month
TENANT PAYS:Electric Only

Dwelling

Total # Units:7
Total # Water Heaters:3
Total # Heating Units:2
Total SQFT:4491
U1 Bedrooms:1
U1 Full Baths:1
U2 Bedrooms:1
U2 Full Baths:1
U3 Bedrooms:1
U3 Full Baths:1
U4 Bedrooms:1
U4 Full Baths:1
U1 Fireplace (Y/N):N
U2 Fireplace (Y/N):N
U3 Fireplace (Y/N):N
U4 Fireplace (Y/N):N
GARAGE/PARKING:Other Garage/Parking
BASEMENT:Block,Brick
HEATING/COOLING:Forced Air,Gas,Hot Water,Water Heater - Gas,Window Units
WATER/SEWER:Public Sewer,Public Water
LAUNDRY FACILITIES:Common,Owned Equipment

Taxes / Expenses

Parcel ID#/Tax ID:9911156038
Insurance Expense:1363
Electric Expense:1416
Gas Expense:6000
Water/Sewer Expense:1765
Annual Taxes:3695.86
Tax Year:2021
TAX EXEMPTIONS:None

Interior

# Ranges:7
# Refrigerators:7
# Washers:1
# Dryers:3
# Window Units:2
INTERIOR AMENITIES:Cable Tv Available

Exterior

EXTERIOR:Vinyl Siding

Grounds / Land / Lot

Area/Tract:Galesburg Northeast
# Parking Spaces:14
Approx . # of Acres:0.45
U1 # Parking:1
U1 # Parking Uncovered:1
U2 # Parking:1
U2 # Parking Uncovered:1
U3 # Parking:1
LOT DESCRIPTION:Level

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Listed by: RE/MAX Preferred Properties  /   MLS: 1015241