610-612 Elk Street Galena, IL 61036

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$890,000 Estimated monthly payments: $5,797/mo.* (recalculate)
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11,160 sq ft
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Courtesy Of Preferred Properties at Eagle Ridge LLC

Property Description


Multi-Family (2-4 Units)

Exceptional 12 unit [ Each with 2 bedroom, 1 Bath] apartment complex with two buildings and a 10 car garage. Located in the heart of Galena and very close to downtown, shopping, schools, hospital and restaurants. Over one acre of land allows room for a third building to be built and still have a massive parking area. New roofs were installed in 2008. Each unit has its own deck or patio and the location is in a very wooded area for great privacy for a complex of this size. Each unit has its own utilities with separate meters. This would allow conversion to a condominium complex if an investor would want this flexibility. All rental numbers included in information sheet are for 610 Elk Street. The rental income for 612 Elk Street is as follows: Unit 1 - $480; Unit 2 - $525; Unit 3 - $545; Unit 4 - $495; Unit 5 - $495; Unit 6 - $515. All of the units are 4 rooms with 2 Bdrms & 1 bath, 930 sq ft., include Ref.& Rng and 1 car garage.
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MLS #:  20102272
Est. Property Tax:  $15,258

Features



  • Age: 11-20 Years Old
  • Amenities: Deck, Basement
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Architecture Style: Other
  • Cooling System: Central A/C
  • Exterior Type: Vinyl Siding
  • Floor Covering: Carpet, Vinyl
  • Heating Fuel: Natural Gas
  • Heating System: Forced Air
  • Roof Type: Composition Shingle
  • Rooms: Basement

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Copyright © 2013 Preferred Properties at Eagle Ridge LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.
Schools for
610-612 Elk Street, Galena, IL 61036
Elementary School
Grades K - 5 | Public School
GALENA PRIMARY SCHOOL
GALENA, IL 61036
219 KELLY LN
815-777-2200
Distance: 0.1 mi
Ratings (3)
GreatSchools Rating
6
Parent Rating
4
Student:Teacher Ratio
14:1
Total Students
346
Middle School
Grades 5 - 8 | Public School
GALENA MIDDLE SCHOOL
GALENA, IL 61036
1230 N FRANKLIN ST
815-777-2413
Distance: 0.2 mi
GreatSchools Rating
8
Parent Rating
0
Student:Teacher Ratio
11:1
Total Students
233
High School
Grades 9 - 12 | Public School
GALENA HIGH SCHOOL
GALENA, IL 61036
1206 N FRANKLIN ST
815-777-0917
Distance: 0.2 mi
Ratings (7)
GreatSchools Rating
10
Parent Rating
3
Student:Teacher Ratio
11:1
Total Students
247
Other Nearby Schools Distance Type Grades GreatSchools Rating Parent Rating
Tri - State Christian School 0.8 mi Private K - 12 0 0
Nativity - Bvm School 6.6 mi Catholic K - 8 0 0
Sources: Maponics, LLC, GreatSchools.org and Onboard Informatics ©2013. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
View all Local Area Info
Demographic Data for Galena, IL 61036
  • Median Age: 47.9
  • Married: 48%
  • Number of Households: 3032
  • Households with Children: 777
Community:



    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home

    Local Weather for Galena, IL 61036
      Community information and market data Powered by Onboard Informatics. Copyright ©2013 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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