615 W Main Street, Galesburg, IL 61401
Local realty services provided by:CENTURY 21 Tucker Swanson
615 W Main Street,Galesburg, IL 61401
$150,000
- - Beds
- - Baths
- 3,310 sq. ft.
- Multi-family
- Active
Listed by:
- Kori Jensen(309) 620 - 6428CENTURY 21 Tucker Swanson
Office: century 21 tucker swanson
MLS#:CA1043869
Source:IL_CAAR
Price summary
- Price:$150,000
- Price per sq. ft.:$45.32
About this home
Excellent income producing multi-unit investment opportunity featuring four rental units with strong rental history and numerous updates throughout! The spacious main floor unit offers 4 bedrooms and 1 full bath and has been extensively remodeled with a new kitchen, updated flooring, fresh paint, & newer appliances. Upstairs consists of two 1-bedroom, 1-bath units, each featuring a living room, kitchen, bedroom, and bath, along with an efficiency apartment offering a combined living/bedroom area, kitchen, and full bath. The property has seen continual improvements over the past 5-6 years, with all units being partially or fully remodeled. Major mechanical updates include a boiler installed in 2014, two newer hot water heaters replaced in 2020-2021, and a brand new roof with warranty completed in 2022. Heating consists primarily of boiler heat with one upstairs unit featuring electric baseboard heat. Current rental income totals $2,750 per month with the main floor unit renting for $1,000, two upstairs units at $650 each, and the efficiency unit at $450. Main floor tenant pays electric, while landlord expenses include gas, upstairs electric, water, sewer, trash, and lawn/snow care. This is a turn-key investment property with solid cash flow and continued upside potential!...
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Home facts
- Year built:1898
- Listing ID #:CA1043869
- Added:2 day(s) ago
- Updated:May 24, 2026 at 02:19 PM
Rooms and interior
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:3,310 sq. ft.
Heating and cooling
- Heating:Gas Water Heater, Hot Water
Structure and exterior
- Roof:Rubber
- Year built:1898
- Building area:3,310 sq. ft.
- Construction Materials:Brick
Schools
- High school:Galesburg
Utilities
- Water:Public
Finances and disclosures
- Price:$150,000
- Price per sq. ft.:$45.32
- Tax amount:$3,603 (2024)
Parking
- Total parking spaces:4
- Parking description:Attached, On Street, Parking Pad
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