Property for Sale: 2585 Yale Bridge, South Beloit, IL 61080
$465,000
$465,000
2585 Yale Bridge,
South Beloit, IL 61080
$465,000
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Price:
$465,000
$16,000 - 11/29/2024
Est. payment: Skip to Mortgage Calculator
Type Commercial
City South Beloit
County Winnebago
MLS 12173979
Status Active
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. Property is being sold as-is.
Lot & Building Features
Construction Brick, Wood Frame, Steel Siding, Concrete
Cooling Central Air
Tax Year 2023
Lot Dimensions 304 X 255 ft
Price History of 2585 Yale Bridge, South Beloit, IL
Date | Name | Price | Difference |
---|---|---|---|
11/29/2024 | Price Adjustment | $465,000 | 3.56% |
12/31/1969 | Listing Price | $449,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by @properties Christie's International Real Estate, Leslie Oglesby
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2585 Yale Bridge (MLS #12173979) is a commercial listing located in South Beloit, IL. This property was listed on 10/21/2024 and has been priced for sale at $465,000.
Nearby zip codes are 53511, 61072 and 61073. This property neighbors other cities such as Beloit, Rockton and Roscoe.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: @properties Christie's International Real Estate |