Great income potential for the 4 unit apartment residential building! Historically has generated $500 per unit for about $24,000 gross yearly income rate. Current owner pays $1,100 per year insurance, $1,000 per year management expense, & $150 per year for lawn & snow removal. Ameren power bill printouts x 2 available. Upper unit 376, tenant is planning to move about July 6. Lower level 378 unit, tenants are in the process of eviction. 376 lower & upper units each have 1 BR, 1 full BA, Kitchen, & Living room. 378 upper & lower unit each have 1-2 bedrooms, 1 bath, kitchen & living room. Unable to view 378 lower at this time. Age of roof ~2017, 1 new furnace 2022. Selling AS-IS
Sold for $48,000
$48,000
376 N Broad St, Galesburg, IL 61401
4beds
4baths
2,344sqft
Multi Family, Quadruplex
Built in 1916
-- sqft lot
$43,000 Zestimate®
$20/sqft
$983 Estimated rent
Home value
$43,000
$32,000 - $60,000
$983/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jennifer Evans Office:309-343-6168,
Mel Foster Co. Galesburg
Bought with:
Jennifer Evans, 475122938
Mel Foster Co. Galesburg
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1029872
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Hot Water, Radiant
Cooling
- None
Appliances
- Included: Range, Refrigerator, Water Heater
- Laundry: None
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 2,344
- Total interior livable area: 2,344 sqft
Property
Parking
- Total spaces: 2
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 0.25 Acres
- Dimensions: 165 x 66
- Features: Level
Details
- Parcel number: 9910403042
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Slate
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Galesburg
Location
- Region: Galesburg
Financial & listing details
- Price per square foot: $20/sqft
- Tax assessed value: $36,150
- Annual tax amount: $1,107
- Date on market: 6/18/2024
- Cumulative days on market: 30 days
- Lease term: Month To Month
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2024 | Sold | $48,000-31.3%$20/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #CA1029872 Report a problem | ||
| 7/18/2024 | Pending sale | $69,900$30/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1029872 Report a problem | ||
| 6/18/2024 | Listed for sale | $69,900+168.8%$30/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1029872 Report a problem | ||
| 7/17/2013 | Sold | $26,000-61.2%$11/sqft |
Source: Public Record Report a problem | ||
| 9/28/2007 | Sold | $67,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,118 +0.9% | $12,050 +3.3% |
| 2023 | $1,108 +6.8% | $11,670 +6.7% |
| 2022 | $1,037 +3.2% | $10,940 +6% |
| 2021 | $1,004 -1.6% | $10,320 |
| 2020 | $1,021 +1.2% | $10,320 +2% |
| 2019 | $1,009 +12.1% | $10,120 +11.7% |
| 2018 | $900 -52.9% | $9,060 +3% |
| 2017 | $1,911 | $8,800 +1.5% |
| 2015 | $1,911 | $8,670 -59.5% |
| 2013 | $1,911 | $21,420 |
| 2012 | -- | $21,420 -0.5% |
| 2011 | -- | $21,530 -1.5% |
| 2010 | -- | $21,860 |
| 2009 | -- | $21,860 +3% |
| 2008 | -- | $21,220 |
Find assessor info on the county website
Neighborhood: 61401
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Nearby schools
GreatSchools rating
- 4/10Silas Willard Elementary SchoolGrades: K-4Distance: 0.9 mi
- 4/10Churchill Jr High SchoolGrades: 7-8Distance: 1.2 mi
- 1/10Galesburg High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- High: Galesburg
Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Illinois
- Knox County
- Galesburg
- 61401
- 376 N Broad St
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