• 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 643 days
  • Average days-on-market for homes between $200,000 - $300,000 = 643 (in zip code 61036)

Location

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

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Local:

Demographics
Schools
Days on Market

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
    • Teachers: 20
    • Students per Teacher: 12.6
    • Students: 251
    • Male/Female: 108/140
    • District: GALENA USD 120, 1206 NORTH FRANKLIN ST GALENA, IL 61036
    • Phone: 8157773086
    • 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
    • Teachers: 20
    • Students per Teacher: 11.7
    • Students: 234
    • Male/Female: 116/114
    • District: GALENA USD 120, 1206 NORTH FRANKLIN ST GALENA, IL 61036
    • Phone: 8157773086
    • 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
    • Teachers: 26
    • Students per Teacher: 13.6
    • Students: 353
    • Male/Female: 164/183
    • District: GALENA USD 120, 1206 NORTH FRANKLIN ST GALENA, IL 61036
    • Phone: 8157773086
    • 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
      • 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 5/25/2017 12:16 PM 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