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Listing Details

81 Lincoln Galesburg, IL 61401-1705
$45,000
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Income producing property consisting of 3/4 unit apartment house offering great investment opportunity. Off street parking. 2-car garage. Basement has the possibility of a 4th unit. Zoned B-2 Commercial. Situated conveniently to shopping, restaurants and schools. Call today!

Square Feet: Bedrooms: 4

Listing

Listing Price:45000
List Date:2020-08-12
MLS #:Ca1001858
Certificate of Zoning:Yes
Year Built:1891
Zoning:B-2 Commercial
Legal Description:10 Acre Lot 5 N 1 Rd Lot 3 & S 20 1/2 Ft Lot 4

Location

Address Number:81
Address Street:Lincoln
City:Galesburg
State:Il
Zip:61401-1705
Address:81 Lincoln
County:Knox
Street Type:Street
Elementary School:King
Middle School:Lombard
High School:Galesburg
Subdivision:None

Income

Sale/Rent:For Sale
U1 $ Rent:700
U2 $ Rent:300
U3 $ Rent:400
Gross Annual Rent Income:16800
Misc Annual Income:16800
Gross Annual Income:33600
Net Operating Income:29342

Dwelling

Total # Units:4
Total # Water Heaters:1
Total # Heating Units:1
Total # Central Air Units:1
Total SQFT:2337
U1 Bedrooms:3
U1 Full Baths:1
U2 Bedrooms:1
U2 Full Baths:1
U3 Bedrooms:1
U3 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:Detached
BASEMENT:Full,Partially Finished
HEATING/COOLING:Forced Air,Gas,Water Heater - Gas
WATER/SEWER:Public Sewer,Public Water

Taxes / Expenses

Parcel ID#/Tax ID:9911380016
Insurance Expense:1224
Gas Expense:2016
Water/Sewer Expense:1018
Annual Taxes:1146.44
Tax Year:2019
TAX EXEMPTIONS:None

Interior

# Ranges:3
# Refrigerators:3

Exterior

EXTERIOR:Aluminum Siding

Grounds / Land / Lot

Area/Tract:Galesburg Northeast
# Parking Spaces:4
Approx . # of Acres:0.11
U1 # Parking:1
U1 # Parking Uncovered:1
U2 # Parking:1
U2 # Parking Uncovered:1
U3 # Parking:1
U3 # Parking Uncovered:1
LOT DESCRIPTION:Level

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Listed by: RE/MAX Preferred Properties  /   MLS: 1001858