Seller's Agent in 2025
Tronda Knodle
Knodle Realty Group
(815) 670-4397
3 in this area
119 Total Sales
Estimated Value: $433,002 - $445,000
OPPORTUNITY IS KNOCKING. WEDDING HALL/BANQUET HALL IS A WELL ESTABLISHED BUSINESS IN RURAL SOUTH BELOIT. SITTING ON 1.78 ACRES SURROUNDED BY PINE TREES & FARMLAND.THE BUILDING CONSISTS OF ALMOST 1200 SQ FEET OF LIVING SPACE & OVER 3400 SQ FEET OF ENTERTAINING SPACE INDOORS AS WELL AS AN OUTSIDE AREA FOR CEREMONIES. LIVING SPACE WITH SEPERATE ENTRANCE HAS KITCHEN WITH EAT-IN AREA, LARGE LIVING ROOM, BATHROOM WITH WALK-IN SHOWER, BEDROOM, OVERSIZED UTILITY/STORAGE ROOM & FENCED IN YARD WITH YOUR OWN PRIVATE OUTDOOR OASIS. PROPERTY WAS REZONED IN 2018 AS COMMERCIAL COMMUNITY & DWELLING. WHICH ALLOWS A RESIDENCE AND BUSINESS OPERATIONS. CURRENT OWNERS HAVE BEEN OPERATING THE BUSINESS SEASONALLY BUT HAS THE POTENTIAL TO MAKE THIS A YEAR ROUND BOOMING BUSINESS - INSTANT INCOME AS 16 CONTRACTS HAVE ALREADY BEEN SCHEDULED FOR 2025. RECEPTION HALL INCLUDES ELEVATED STAGE, DANCE FLOOR, BAR AREA, FOOD SERVING AREA, BRIDAL SUITE/DRESSING ROOM, TWO RESTROOMS & STORAGE ROOM. MANY BUSINESS ASSETS INCLUDE 12 60' ROUND TABLES, SEVERAL RECTANGULAR TABLES, 130 INDOOR CHAIRS, 120 CHAIRS FOR OUTDOORS, TABLE & CHAIR LINENS, PREMIUM CHAFER WARMERS, ZERO TURN MOWER, PUSH MOWER. ALL APPLIANCES INCL 2 REFRIGERATORS, DEEP FREEZER, STOVE, W/D, WATER SOFTNER, IRON BREAKER & REVERSE OSMOSIS SYSTEM. ROOF 2023, 2 NEW FURNACES 2022. PROPANE GAS. WELL & SEPTIC. SEPTIC SYSTEM IS PUMPED & INSPECTED YEARLY. IN/OUTDOOR SECURITY CAMERAS. PARKING LOT HAS 54 PARKING SPACES, CARPORT ENTRANCE & ADA EQUIPPED. DETACHED GARAGE & 3 SHEDS.
Last Agent to Sell the Property
Knodle Realty Group License #475159317 Listed on: 04/04/2025
Last Buyer's Agent
Non Member
NON MEMBER
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fps Rental Inc | $440,000 | None Listed On Document | |
| Frisella Paul B | -- | None Listed On Document | |
| Frisella Paul B | $151,000 | Title Underwriters Agency | |
| Frisella Paul B | $151,000 | Berger Law Firm Llc |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fps Rental Inc | $352,000 | |
| Previous Owner | Frisella Paul B | $120,800 | |
| Closed | Frisella Paul B | $86,237 | |
| Closed | Frisella Paul B | $120,800 |
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/16/2025 07/16/25 | Sold | $440,000 | -6.4% | $96 / Sq Ft | |
| 06/03/2025 06/03/25 | Pending | -- | -- | -- | |
| 04/07/2025 04/07/25 | Price Changed | $469,900 | -1.1% | $103 / Sq Ft | |
| 04/04/2025 04/04/25 | For Sale | $475,000 | +214.6% | $104 / Sq Ft | |
| 05/04/2018 05/04/18 | Sold | $151,000 | +4.1% | $33 / Sq Ft | View Prior Sale |
| 04/13/2018 04/13/18 | Pending | -- | -- | -- | |
| 03/19/2018 03/19/18 | For Sale | $145,000 | -- | $31 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $8,897 | $123,662 | $16,304 | $107,358 |
| 2023 | $8,521 | $110,265 | $14,538 | $95,727 |
| 2022 | $8,131 | $100,736 | $13,282 | $87,454 |
| 2021 | $7,742 | $94,269 | $12,429 | $81,840 |
| 2020 | $7,639 | $91,275 | $12,034 | $79,241 |
| 2019 | $6,306 | $74,772 | $11,592 | $63,180 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $0 | $0 | $0 | $0 |
| 2015 | $0 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Seller's Agent in 2025
Tronda Knodle
Knodle Realty Group
(815) 670-4397
3 in this area
119 Total Sales
N
Buyer's Agent in 2025
Non Member
NON MEMBER
C
Seller's Agent in 2018
Carole Stine
RE/MAX
Source: Midwest Real Estate Data (MRED)
MLS Number: 12330259
APN: 03-11-100-002