• Listing status icon

    $250,000

  • ACTIVE | MLS#: 20153759
  • 6,272Sq Ft

914 Park Avenue Galena, IL 61036

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Overview

Great investment opportunity. This 6 unit apartment building is located on Park Avenue right across the street from the Galena bridge. Two of the four 2 bedroom units currently receive $575 per month in rent and the other 2 bedroom unit is currently receiving $550 per month. The two 1 bedroom units receive $350 per month. The annual income is $35,400. The landlord pays for water and garbage which is approximately $275 per month, plus $100 every six months to rent the dumpster. The electric is split and every unit has its own furnace. Hallway lighting electricity cost is around $30 per month. Owner installed in March of 2017 new basement drainage and new concrete floor.

Listing provided courtesy of: NATHAN STUDTMANN, FIRST GALENA REAL ESTATE

General Features

  • Appliances Refrigerator
  • Driveway Asphalt
  • Electric Circuit Breaker
  • Fireplace Wood
  • Flooring Laminate, Carpet, Vinyl
  • Heat Gas Forced Air
  • Insulation Builder Specifications
  • Laundry Main Floor
  • Porch Covered
  • Road Frontage City/Town, US Highway
  • Roof Shingle
  • Sewer City
  • Style 2 Story
  • Taxes 5846.84
  • Type Apartment Complex
  • WasherDryer YN No
  • Tax Year 2014
  • Water City
  • Water Heater Natural Gas
  • Year Built old

Building Features

  • Basement Unfinished
  • Exterior Aluminum
  • Number of Units 6
  • Parking yes
  • Total Square Feet 6272
  • Unit 1 Baths 1
  • Unit 1 Beds 2
  • Unit 1 Heat 1
  • Unit 1 LeaseDeposit 575
  • Unit 1 Range 1
  • Unit 1 Refrigerator 1
  • Unit 1 Rent 575
  • Unit 1 Rooms 5
  • Unit 1 SqFt 1142
  • Unit 2 Baths 1
  • Unit 2 Beds 2
  • Unit 2 Heat 1
  • Unit 2 LeaseDeposit 575
  • Unit 2 Range 1
  • Unit 2 Refrigerator 1
  • Unit 2 Rent 575
  • Unit 2 Rooms 5
  • Unit 2 SqFt 1142
  • Unit 3 Baths 1
  • Unit 3 Beds 2
  • Unit 3 Heat 1
  • Unit 3 LeaseDeposit 550
  • Unit 3 Range 1
  • Unit 3 Refrigerator 1
  • Unit 3 Rent 550
  • Unit 3 Rooms 6
  • Unit 4 Baths 1
  • Unit 4 Beds 2
  • Unit 4 Heat 1
  • Unit 4 LeaseDeposit 550
  • Unit 4 Range 1
  • Unit 4 Refrigerator 1
  • Unit 4 Rent 550
  • Unit 4 Rooms 5
  • Unit 5 Baths 1
  • Unit 5 Beds 1
  • Unit 5 Heat 1
  • Unit 5 LeaseDeposit 325
  • Unit 5 Range 1
  • Unit 5 Refrigerator 1
  • Unit 5 Rent 350
  • Unit 5 Rooms 4
  • Unit 6 Baths 1
  • Unit 6 Beds 1
  • Unit 6 Heat 1
  • Unit 6 LeaseDeposit 350
  • Unit 6 Range 1
  • Unit 6 Refrigerator 1
  • Unit 6 Rent 350
  • Unit 6 Rooms 4

Room Features

Property Features

  • Area Galena
  • Lot Size Back -
  • Lot Size Front -
  • Lot Size Side1 -
  • Lot Size Side2 -

Schools

  • School District Galena

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Price & Status History

Days on Market

  • This property has been listed on the market for 765 days
  • Average days-on-market for homes between $200,000 - $300,000 = 765 (in zip code 61036)

Location

The property map location is: Accurate, based on Google's address match.

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Community Demographics for Zip Code 61036 (Galena)

Housing Occupancy
  • Home Owners: 2,378 (46%)
  • Renters: 638 (12%)
  • Vacant: 2,166 (42%)
  • Total Housing Units: 5,182
Households
  • Average Household Size: 2.23
  • Housing Density (People per square mile): 64
Age Range (number of people)
  • Age 0-14: 1,023
  • Age 15-24: 712
  • Age 25-39: 1,090
  • Age 40-59: 1,508
  • Age 60-79: 1,675
  • Age 80+: 775
  • Total: 6,783

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 61036 (Galena)

Public Schools in Zip Code 61036 (Galena)

* This list of schools may not match the property above.

GALENA HIGH SCHOOL 1206 NORTH FRANKLIN ST GALENA, IL 61036 Phone: 8157770917 9th-12th
Grade Size Distribution
  • 9th: 62
  • 10th: 67
  • 11th: 55
  • 12th: 67
School Population
  • Teachers: 20
  • Students per Teacher: 12.6
  • Students: 251
  • Male/Female: 108/140
School District
  • GALENA USD 120
  • 1206 NORTH FRANKLIN ST GALENA, IL 61036
  • Phone: 8157773086
District Population
  • Schools: 3
  • Full-Time Teachers: 67
  • Students per Teacher: 12.6
  • Staff: 79
  • Students: 838
GALENA MIDDLE SCHOOL 1230 NORTH FRANKLIN ST GALENA, IL 61036 Phone: 8157772413 5th-8th
Grade Size Distribution
  • 5th: 59
  • 6th: 58
  • 7th: 57
  • 8th: 60
School Population
  • Teachers: 20
  • Students per Teacher: 11.7
  • Students: 234
  • Male/Female: 116/114
School District
  • GALENA USD 120
  • 1206 NORTH FRANKLIN ST GALENA, IL 61036
  • Phone: 8157773086
District Population
  • Schools: 3
  • Full-Time Teachers: 67
  • Students per Teacher: 12.6
  • Staff: 79
  • Students: 838
GALENA PRIMARY SCHOOL 219 KELLY LN GALENA, IL 61036 Phone: 8157772200 PreK-4th
Grade Size Distribution
  • PreK: 56
  • Knd: 62
  • 1st: 58
  • 2nd: 56
  • 3rd: 62
  • 4th: 59
School Population
  • Teachers: 26
  • Students per Teacher: 13.6
  • Students: 353
  • Male/Female: 164/183
School District
  • GALENA USD 120
  • 1206 NORTH FRANKLIN ST GALENA, IL 61036
  • Phone: 8157773086
District Population
  • Schools: 3
  • Full-Time Teachers: 67
  • Students per Teacher: 12.6
  • Staff: 79
  • Students: 838

Private Schools in Zip Code 61036 (Galena)

* This list of schools may not match the property above.

TRI-STATE CHRISTIAN SCHOOL 11084 Hwy 20 W Galena, IL 61036 Phone: 8157773800 PreK-12th
Grade Size Distribution
  • PreK: 11
  • Knd: 12
  • 1st: 20
  • 2nd: 9
  • 3rd: 16
  • 4th: 12
  • 5th: 15
  • 6th: 15
  • 7th: 16
  • 8th: 15
  • 9th: 13
  • 10th: 8
  • 11th: 17
  • 12th: 6
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 185

* School data provided by US Department of Education


Based on information from the REALTOR® Association of Northwestern Illinois for the period 2017 through 9/24/2017 6:03 AM PST. Listing information from this property search 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.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional