NOT LISTED FOR SALE

113 Johnson St Galena, IL 61036

Galena Area
Studio
5 Baths
5,120 Sq Ft
1886 Built

Sale Details

Date Sold: December 18, 2015

Last sale price $225,000 $44 Per Sq Ft

69 Days on Market

Highlights

  • Deck
  • Brick or Stone Mason
  • 2-minute walk to Grant Park
  • Galena Elementary & Middle School Rated A-
  • Washer and Dryer

About This Home

As of December 2015

(ds11) Wonderful location! Very short walk to the walking bridge to downtown Galena! This apartment building is in a very desirable location next to Grant Park and often is re-rented just from referrals. The once Strohmeyer Boot Factory - Listed in the National Register of Historic Landmarks is wonderful maintained historical building. All of the apartments have high efficiency hot water radiant heat (Munchkin Boilers). Each apartment has its own washer and dryer, fridge, range, window air conditioners, ceiling fans. 3 Units have 2nd level bay windows overlooking the park. All floors on the first floor have been replaced in the last 4 years. Each unit has their own utility meters / Tenants pay their own utilities. A covered back porch runs the full length of the building. Tandem 2 car garage sit adjacent to the building also property has one of the last existing brick paved road in Galena. They have experienced 100% occupancy during the 7 to 8 years that they have owned it. Annual Rent income is $32,400 Note: One large apartment 2600SF 3 BR/2Bath - townhome design - would make a great owner's residence - then rent the remaining 3 apartments for a monthly income. Or the large apartment could be divided once again into the 5th apartment. You can't go wrong with this investment! Scheduled 24 hour notice appointments are required for viewing.

Last Agent to Sell the Property

Diane Self

DC Rise Real Estate License #475104134 Listed on: 09/04/2015

Last Buyer's Agent

KATHY BOOKLESS

DC Rise Real Estate License #475095928

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,541

Year Built

  • Built in 1886

Home Design

  • Brick or Stone Mason
  • Rubber Roof

Interior Spaces

  • 5,120 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Stove
  • Range

Outdoor Features

  • Deck

Schools

  • Galena Elementary And Middle School
  • Galena High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters

Community Details

  • 4 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,541

Year Built

Built in 1886

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: MULTIFAMILY
  • General Features: Deck
  • Style: 2 Story
  • Type: 5+ Units
  • Number Of Floors In Bldg: 2
  • Number Of Units In Bldg: 4
  • Agent Only_ L A1 User Code: F_53
  • Elementary School: Galena
  • Estimated Total Finished Sq Ft: 5120
  • Pertinent Facts: (ds11) Wonderful location! Very short walk to the walking bridge to downtown Galena! This apartment building is in a very desirable location next to Grant Park and often is re-rented just from referrals. The once Strohmeyer Boot Factory - Listed in the National Register of Historic Landmarks is wonderful maintained historical building. All of the apartments have high efficiency hot water radiant heat (Munchkin Boilers). Each apartment has its own washer and dryer, fridge, range, window air conditioners, ceiling fans. 3 Units have 2nd level bay windows overlooking the park. All floors on the first floor have been replaced in the last 4 years. Each unit has their own utility meters / Tenants pay their own utilities. A covered back porch runs the full length of the building. Tandem 2 car garage sit adjacent to the building also property has one of the last existing brick paved road in Galena. They have experienced 100% occupancy during the 7 to 8 years that they have owned it. Annual Rent income is $32,400 Note: One large apartment 2600SF 3 BR/2Bath - townhome design - would make a great owner's residence - then rent the remaining 3 apartments for a monthly income. Or the large apartment could be divided once again into the 5th apartment. You can't go wrong with this investment! Scheduled 24 hour notice appointments are required for viewing.
  • Designated Managing Broker Y N: No
  • Potential Annual Expenses: $2,500
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Crawl Space

Exterior Features

  • Exterior: Brick/Stone
  • Roof: Rubber

Utilities

  • Cooling: Window Unit
  • Heating: Natural Gas
  • Sewer: City
  • Water: City

Schools

  • Elementary School #2: Galena

Building Info

  • Year Built: 1886

Tax Info

  • Year: 2014
  • Taxes: 7541

MLS Schools

  • HighSchool: Galena
  • School District: Galena
  • Middle School: Galena
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/18/2015 12/18/15 Sold $225,000 -18.2% $44 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $275,000 -- $54 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 126049

NorthWest Illinois Alliance of REALTORS®
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