609 South Prospect Street

609 South Prospect Street

Galena, IL 61036

$725,000
Price
7
Beds
4
Baths
4,743 Sq. Ft.
$153 / Sq. Ft.
4,743
Sq. Ft.
$153
per Sq. Ft.
front view of a house with a yard
a house view with a outdoor space
a front view of a building
a view of a house with a yard and sitting area
front view of house with a street
a front view of a building
a bathroom with a bathtub and a shower
a front view of a house with a yard
a front view of a house with yard and balcony
a view of a house with roof deck
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a front view of a house with a yard
a front view of a house with swimming pool table and chairs
a view of a kitchen from the hallway
a kitchen with a stove top oven sink and refrigerator
a view of livingroom with furniture and a fireplace
a view of a livingroom with a fireplace and a window
a bathroom with a tub sink and mirror
a kitchen with a refrigerator and a sink
a view of an empty room with a fireplace and a window
a view of a dining room with furniture and a chandelier
an empty room with wooden floor and windows
a view of an empty room with wooden floor and a window
an empty room with wooden floor chandelier fan and windows
a view of an empty room with wooden floor and a window
a living room with furniture or couch and a potted plant
a bedroom with a bed and a window
a kitchen with a sink stove and cabinets
a kitchen with a sink and a window
a view of livingroom with furniture and a window
a view of a dining room with furniture and wooden floor
a backyard of a house with sofas table and chairs
a view of a kitchen with wooden floor and a refrigerator
a kitchen with white cabinets and refrigerator
a dining room with a wooden table and chairs
a very nice looking room with wooden floor and furniture
a living room with furniture and wooden floor
a dining room with furniture a rug and wooden floor
a bedroom with a bed and wooden floor
a living room with furniture and a window
a bathroom with a sink a toilet and a mirror
a living room with furniture and a flat screen tv
a utility room with dryer and washer
a living room with furniture and a flat screen tv
a bedroom with a bed and a window
a view of a dining room with furniture and wooden floor
a bathroom with a toilet and a shower
a bathroom with a sink and a mirror
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a view of a house with a yard

Description

The best of both worlds combining income possibilities from long term and short-term rental! Stately brick apartment building housing 5 total 1 bed, 1 bath units that exudes historic charm and incredible curb appeal sited just minutes from vibrant Main Street, Galena and packaged with an absolutely charming 2 bed, 2 bath detached Coach House with coveted short term rental license. Originally a grand Galena single family residence many of the units have a touch of yesteryear that varies and includes...The best of both worlds combining income possibilities from long term and short-term rental! Stately brick apartment building housing 5 total 1 bed, 1 bath units that exudes historic charm and incredible curb appeal sited just minutes from vibrant Main Street, Galena and packaged with an absolutely charming 2 bed, 2 bath detached Coach House with coveted short term rental license. Originally a grand Galena single family residence many of the units have a touch of yesteryear that varies and includes period wood flooring, arched accents, detailed period woodwork, and gorgeous decorative fireplace surrounds (fireplaces are inoperable). Washer and dryer in each unit for total convenience, and Window A/C. Make your way to the Coach House to find a fully renovated brick cottage-style home mixing modern finishes and historic beauty plus multi-level addition that offers open kitchen and living room, second floor bedroom suite with nicely appointed private bath, laundry room, secondary living room with access to elevated patio, and third level with additional suite and gorgeous private bath. Coach House is approximately 1280 square feet, has gas forced air furnace and central A/C, and concrete drive with ample guest parking (6-person total occupancy). No off-street parking for apartment building but driveway with parking for short term rental Coach House. Utility info and maintenance expenses approximate and for 2022 year. Coach House gross rental for 2022 was over $38,000 and is professionally managed. Some expense exists if purchaser continues with current program. Total square footage noted does not include the 1280 square feet of Coach House. Please note that units in the apartment building cannot be rented on a short term/nightly basis. Only the Coach House portion carries licensing for short term rental.
  1. Listed by DAMON HEIM • COLDWELL BANKER NETWORK REALTY
    P: 815-266-2427 C: 815-266-2427 damon.heim@cbnetworkrealty.com

Property Details for 609 South Prospect Street

Style
3+ Story
Total # of Parking Spaces
2

Location

Listing Courtesy of COLDWELL BANKER NETWORK REALTY
Add your commute
LISTING UPDATED: 04/26/2024 11:16 PM

Property Details for 609 South Prospect Street

StatusActive And Available
MLS #202401902
Days on Market15
Taxes$12,954 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 5+ Units
Year Built1900
Lot Size-
CountyJo Daviess County

Location

Listing Courtesy of COLDWELL BANKER NETWORK REALTY
Add your commute

Building Information for 609 South Prospect Street

Stories3Residences5Year Built1900Building Size-Lot Size-

Payment Calculator

$5,036 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,957

Property Taxes

$1,080

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 609 South Prospect Street

Summary
Location and General Information
  • Grid: Galena
  • City: GALENA
  • State: IL
  • Zip: 61036
  • Address: 609 S Prospect Street
  • County: Jo Daviess County
  • Zip Code: 61036
  • Year Built: 1900
  • School District: Galena
  • Elementary School 1: Galena
  • Middle School: Galena
  • High School: Galena
Taxes and HOA
  • Tax Year: 2023
  • Taxes: $12,954
Property
Lot Information
  • Est Below Grade Fin SqFt: 0
  • Est Main Sq. Ft.: 2256
  • Est Total Finished Sq. Ft.: 4743
  • Est Above Grade SqFt: 4743
Property and Assessments
  • Class: MULTIFAMILY
  • Type: 5+ Units
  • Status: ACTIVE and AVAILABLE
  • PIN: 2210067400
  • HUD: No
  • Additional PINS: 2210067403
Utilities
  • Water: City
  • Sewer: City
  • Electric: Circuit Breaker
  • Separate Utilities: No
  • Separate Electric Y/N: Yes
  • Separate Water Y/N: No
Interior and Exterior Features
Exterior Features
  • Exterior: Brick/Stone, Siding
  • General Features: Laundry in Unit, Patio, Porch Enclosed
  • Roof: Rubber, Shingle
Interior Features
  • Basement Type: Partial
  • Water Heater: Electric
  • Heating: Hot Water/Steam, Natural Gas
  • Cooling: Window Unit
  • Appl Stay/Incl: Dryer, Refrigerator, Stove/Cooktop, Oven, Washer
  • Basement Y/N: Yes
  • Separate Heat Y/N: No
  • Washer/Dryer CoinOp Y/N: No
  • Washer/Dryer Hookup Y/N: Yes
  • Washer/Dryer Y/N: Yes
Multi Family
Income and Expenses
  • Insurance/YR: $3,313
  • Maintenance/YR: $1,500
  • Management/YR: $0
  • Utilities/YR: $8,796
  • Legal/Account/YR: 0
  • Other/YR: 0
Multi Family Information
  • Number of Floors in Bldg: 3
  • Number of Tenants in Bldg: 4
  • Number of Units: 5
Unit 1
  • Unit 1 Range: Yes
  • Unit 1 Garage Capacity: 0
  • Unit 1 # Beds: 1
  • Unit 1 AC: Y
  • Unit 1 Refrigerator: Yes
  • Unit 1 # Rooms: 4
  • Unit 1 # Baths: 1
  • Unit 1 Heat: Gas
  • Unit 1 SqFt: Unk
  • Unit 1 Lease/Deposit: Unk
  • Unit 1 Rent: $900
Unit 2
  • Unit 2 Range: Yes
  • Unit 2 Garage Capacity: 0
  • Unit 2 # Beds: 1
  • Unit 2 AC: Y
  • Unit 2 Refrigerator: Yes
  • Unit 2 # Rooms: 4
  • Unit 2 # Baths: 1
  • Unit 2 Heat: Gas
  • Unit 2 SqFt: Unk
  • Unit 2 Lease/Deposit: Unk
  • Unit 2 Rent: $850
Unit 3
  • Unit 3 Range: Yes
  • Unit 3 Garage Capacity: 0
  • Unit 3 # Beds: 1
  • Unit 3 AC: Y
  • Unit 3 Refrigerator: Yes
  • Unit 3 # Rooms: 4
  • Unit 3 # Baths: 1
  • Unit 3 Heat: Gas
  • Unit 3 SqFt: Unk
  • Unit 3 Lease/Deposit: Unk
  • Unit 3 Rent: $800
Unit 4
  • Unit 4 Range: Yes
  • Unit 4 Garage Capacity: 0
  • Unit 4 # Beds: 1
  • Unit 4 AC: Y
  • Unit 4 Refrigerator: Yes
  • Unit 4 # Rooms: 4
  • Unit 4 # Baths: 1
  • Unit 4 Heat: Gas
  • Unit 4 SqFt: Unk
  • Unit 4 Lease/Deposit: Unk
  • Unit 4 Rent: $900
Unit 5
  • Unit 5 Range: Yes
  • Unit 5 Garage Capacity: 0
  • Unit 5 # Beds: 1
  • Unit 5 AC: Y
  • Unit 5 Refrigerator: No
  • Unit 5 # Rooms: 5
  • Unit 5 # Baths: 1
  • Unit 5 Heat: Gas
  • Unit 5 SqFt: Unk
  • Unit 5 Lease/Deposit: Unk
  • Unit 5 Rent: $800
Unit 6
  • Unit 6 Range: Yes
  • Unit 6 Garage Capacity: 0
  • Unit 6 # Beds: 2
  • Unit 6 AC: Y
  • Unit 6 Refrigerator: Yes
  • Unit 6 # Rooms: 6
  • Unit 6 # Baths: 2
  • Unit 6 Heat: Gas
  • Unit 6 SqFt: 1280
  • Unit 6 Lease/Deposit: N/A
  • Unit 6 Rent: Daily
Rental
Rent Information
  • Lease: No

Property History for 609 South Prospect Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 609 South Prospect Street

Taxable ValueLand$3,330Additions$95,664Total$98,994
Tax Record2022$8,260 ($688 / month)
Home Facts
Beds0Lot Size13,068 SqFtStyleSingle Family ResidenceCountyJO DAVIESSAPN22-100-674-00

Schools near 609 South Prospect Street

This home is within Galena Community Unit School District 120.
Rating
School
Type
Grades
Distance
Galena Primary School
Public - PK to 4
Galena Middle School
Public - PK to 8
Galena High School
Public - 9 to 12
Rating
School
Distance
Galena Primary School
PublicPK to 4

Galena Middle School
PublicPK to 8

Galena High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 609 South Prospect Street, Galena, IL 61036

609 South Prospect Street is a multi-family home for sale in Galena, IL 61036. This property was listed for sale on April 23, 2024 by COLDWELL BANKER NETWORK REALTY, it's currently listed at $725,000. This listing's school district is Galena Community Unit School District 120. Nearby schools include Galena Primary School, Galena Middle School and Galena High School. 609 South Prospect Street is a 7-bed, 4-bath, 4,743 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER NETWORK REALTY

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 04/26/2024 11:16 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.