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Listing Details

85 Lake Galesburg, IL 61401
$65,000
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Don't miss this outstanding investment opportunity with long standing renters of over 14 years! Available now is this 2 unit home waiting to bring you a profit! Unit one offers 2 bedrooms, a full bathroom, new furnace, lots of storage, a big eat in kitchen and is currently rented with a month to month lease to a long standing tenant. Unit two provides 1 bedroom, a full bathroom, a stove and refrigerator, furnace, water heater, outside stair access and is also currently rented on a month to month lease to a long standing tenant. Situated on a nice fenced in lot near restaurants and shopping. Schedule your private tour today before it's gone!

Square Feet: Bedrooms: 2

Listing

Listing Price:65000
List Date:2020-09-29
MLS #:Ca1002812
Year Built:1892
Legal Description:Olof Hawkinson S Addn Lot 5 Blk 4

Location

Address Number:85
Address Street:Lake
City:Galesburg
State:Il
Zip:61401
Address:85 Lake
County:Knox
Street Type:Street
High School:Galesburg
Subdivision:None

Income

Sale/Rent:For Sale
U1 $ Rent:450
U2 $ Rent:375
Gross Annual Rent Income:9900
Gross Annual Income:9900
Net Operating Income:8895
TENANT PAYS:Other Tenant Pays

Dwelling

Total # Units:2
Total # Water Heaters:2
Total # Heating Units:2
Total # Central Air Units:1
Total SQFT:1480
U1 Bedrooms:2
U1 Full Baths:1
U2 Bedrooms:1
U2 Full Baths:1
U1 Fireplace (Y/N):N
U2 Fireplace (Y/N):N
GARAGE/PARKING:Other Garage/Parking
BASEMENT:Brick
HEATING/COOLING:Forced Air,Gas,Central Air
WATER/SEWER:Public Sewer,Public Water
LAUNDRY FACILITIES:Private

Taxes / Expenses

Parcel ID#/Tax ID:99-12-355-013
Insurance Expense:1005
Annual Taxes:1783.44
Tax Year:2019
TAX EXEMPTIONS:None

Interior

# Ranges:1
# Refrigerators:1

Exterior

EXTERIOR:Vinyl Siding

Grounds / Land / Lot

Area/Tract:Galesburg Northeast
# Parking Spaces:2
U1 # Parking:1
U1 # Parking Uncovered:1
U2 # Parking:1
U2 # Parking Uncovered:1
LOT DESCRIPTION:Level

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Listed by: Platinum Key Real Estate LLC  /   MLS: 1002812