1156 Galena Avenue

    Freeport, IL 61032
    • $419,000
    • STATUS: Active
    • ON SITE: 43 days
    • MLS #: 10004235
    Price Reduced
    UPDATED: 15 min ago
    $419,000
    • 0
      BEDS
    • 1.0-1.99 Acres
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,000
      SQFT
    • $35
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    PROFITABLE AND OPERATING GOING CONCERN: ROOMS: 29 TOTAL UPDATED LAWN/GARDEN AREA GROUND LEVEL PARKING 50+ CARS LAUNDRY FACILITY ON-SITE MANAGEMENT-24 HOURS RECENT UPDATES MANAGER'S LIVING QUARTERS FINANCIALS AVAILABLE CLOSE PROXIMITY TO EVERYTHING AIR CONDITIONING REGULAR WEEKLY RENTALS, DAILY, AND MONTHLY VISITORS. CORNER LOT IN CENTRAL BUSINESS DISTRICT-PERFECT FOR REDEVELOPMENT FOR STACKED

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MKT Properties | Keller Williams. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MKT Properties | Keller Williams are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-08-15T18:55:13.64.

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    www.mktproperties.com/homes/85229524

    1156 Galena Avenue Freeport, IL 61032

    • Price: $419,000
    • Status: Active
    • Updated: 15 min ago
    • MLS #: 10004235
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.0-1.99 Acres
    Acres
    12,000
    SQFT
    $35
    $/SQFT
    Neighborhood:
    Out Of Area West
    County:
    Other
    Area:
    Out Of Area West
    Property Description
    PROFITABLE AND OPERATING GOING CONCERN: ROOMS: 29 TOTAL UPDATED LAWN/GARDEN AREA GROUND LEVEL PARKING 50+ CARS LAUNDRY FACILITY ON-SITE MANAGEMENT-24 HOURS RECENT UPDATES MANAGER'S LIVING QUARTERS FINANCIALS AVAILABLE CLOSE PROXIMITY TO EVERYTHING AIR CONDITIONING REGULAR WEEKLY RENTALS, DAILY, AND MONTHLY VISITORS. CORNER LOT IN CENTRAL BUSINESS DISTRICT-PERFECT FOR REDEVELOPMENT FOR STACKED
    Exterior Features

    Approx Land Sq Footage 12000 Construction BrickConcreteSteel Location Central Business DistrictCorner Lot Dimensions 190 X 372 Lot Sq Ft 70680 Number Of Parking Spaces 60 Roof Coverings Shingle Composition Waterfront YN No

    Interior Features

    Air Conditioning Wall Sleeve Number Of Stories 1

    Property Features

    Adj Net Inc Expense Source Actual Adjusted Net Income 48360 Ann Rnt Expense Source Actual Annual Rent For Real Estate 0 Business Age 11+ Years Business Name Townhouse Motel Business Type Hotel Or Motel Corporate Limits Unincorporated Cost Of Goods Expense Source Actual Cost Of Goods Sold 59368 Cost Of Goods Year 2017 Current Use Commercial Gross Payroll 1500 Gross Payroll Expense Source Actual Gross Payroll Year 2017 Gross Profit 52050 Gross Profit Expense Source Actual Gross Profit Year 2017 Gross Sales Ann Expense Source Actual Gross Sales Ann Year 2017 Gross Sales Annual 125000 Heat Ventilation Electric Inventory 3500 Inventory Expense Source Actual Inventory Year 2017 Known Encumbrances First Mortgage Net Operating Income Year 2017 Net Profit 48630 Net Profit Source Actual Number Of Emp Full Time 1 Number Of Emp Part Time 2 Possession Closing Property Offered For Sale Only Real Estate Included YN Yes Tax Year 2017 Taxes 14737 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatJanitorialReal Property TaxesInsuranceRepairs And MaintenanceRoofScavengerWater/Sewer Total Op Exp Year 2017 Total Op Expense Source Actual Total Operating Expenses 59368 Type Of Lease None Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Century 21 Affiliated.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or MKT Properties | Keller Williams. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MKT Properties | Keller Williams are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-08-15T18:55:13.64.

    Digital Millennium Copyright Act
     
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