$ 449,000
2585 Yale Bridge RD South Beloit, IL 61080
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$ 449,000
Est. payment | /mo
4,600 SqFt
$ 449,000
Est. payment | /mo
4,600 SqFt
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,600 sqft
Price per Sqft $97
MLS Listing ID 12173979
Annual Tax Amount $8,520
Tax Year 2023
Lot Dimensions 304 X 255
Property Description
INVESTORS, discover this incredible 4,600 sq. ft. property on 1.78 acres, surrounded by serene pine trees, offering endless possibilities for business and/or residential use! LOW OVERHEAD, TURN-KEY BUSINESS! EVERYTHING you need to for the business is included in the sale!! There are already 14 reservations booked for 2025, so you can start seeing a return immediately! Zoned for community commercial, this property includes a completely updated building, featuring 900 sq. ft. of private living quarters, perfect for a lucrative Air-BnB venture, tenant or owner-occupancy. The commercial space is an entrepreneur's dream, with a spacious reception hall complete with an elevated stage, dance floor, bar area, food service station, and a charming private lounge/bridal suite. Outside, there is a charming area for ceremonies with spacious grounds for photographs, outdoor games, grilling, etc. Additional highlights include an on-site photo booth, a large carport entrance with parking on both sides, glistening Edison lights outside, and plenty of storage and is handicap accessible. The hall opens to a beautiful outdoor patio, ideal for ceremonies and photography! Notable upgrades include a new roof (2023), new flooring (2022), two new furnaces (2022), and three central air units. The sale also includes two refrigerators/freezers, a deep freezer, stove/oven, washer/dryer, water softener, iron breaker, and a reverse osmosis system. For business ventures, assets include 15 60-inch round banquet tables, 133 indoor banquet chairs, 135 outdoor chairs, premium stainless steel Chafing dishes, all the black and white linens and chair covers needed and much more! (See full list of items included.) Maintenance is simplified with a zero-turn riding lawnmower, push mower, weed whacker, and a full outdoor/indoor Ring security camera system. Everything you need to get started! The cozy living quarters feature a private entrance, fenced yard, patio, gazebo, hot tub, and covered grilling area. Inside, enjoy a spacious one-bedroom layout with a large living room, kitchen/dinette, bathroom with large shower, and laundry room. These living quarters can be rented out with the venue as an Air-BnB for additional revenue, it could be owner occupied, or rented out to tenants! So many possibilities for more income! The property includes three sheds, a garage, and is fully equipped with a well and septic system. With 14 signed contracts for 2025, this is a turnkey investment with incredible potential for growth as an AirBnB and event venue! It's the perfect place for weddings, birthday and anniversary parties, quinceaneras, family reunions, bachelor/bachelorette parties, corporate meetings; SO MANY possibilities! If you're a photographer, DJ, Wedding or Event planner, Bar Owner, Restaurant owner, this place is just perfect for you to start your new venture! Name of business can be changed by new owner.
Location
State IL
County Winnebago
Area South Beloit
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Septic-Private, Well Private, Cable Available
Waterfront false
Roof Type Composition
Building
Dwelling Type Bus / Bus w/Real Est
Level or Stories 1
Structure Type Brick,Concrete,Steel Siding,Wood Frame
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Leslie Oglesby • @properties Christie's International Real Estate
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