2585 Yale Bridge Rd South Beloit, IL 61080
Estimated payment $3,315/month
Total Views
16,070
1
Bed
3
Baths
4,576
Sq Ft
$103
Price per Sq Ft
Highlights
- Countryside Views
- Deck
- Brick or Stone Mason
- Whitman Post Elementary School Rated A-
- Fenced Yard
- Dry Bar
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,521
Year Built
- Built in 1974
Lot Details
- 1.78 Acre Lot
- Property fronts a county road
- Fenced Yard
Home Design
- Brick or Stone Mason
- Shingle Roof
- Siding
Interior Spaces
- 4,576 Sq Ft Home
- Dry Bar
- Countryside Views
- Home Security System
Kitchen
- Stove
- Gas Range
Bedrooms and Bathrooms
- 1 Bedroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Car Garage
- Driveway
Accessible Home Design
- Wheelchair Access
Outdoor Features
- Deck
- Shed
- Storage Shed
Schools
- Rockton Grade Elementary School
- Stephen Mack Middle School
- Hononegah High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Propane
- Well
- Gas Water Heater
- Water Softener
- Septic System
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/07/2025 04/07/25 | Price Changed | $469,900 | -1.1% | $103 / Sq Ft |
| 04/02/2025 04/02/25 | For Sale | $475,000 | 0.0% | $104 / Sq Ft |
| 03/13/2025 03/13/25 | Pending | -- | -- | -- |
| 02/20/2025 02/20/25 | For Sale | $475,000 | +214.6% | $104 / Sq Ft |
| 05/04/2018 05/04/18 | Sold | $151,000 | +4.1% | $33 / Sq Ft |
| 04/13/2018 04/13/18 | Pending | -- | -- | -- |
| 03/19/2018 03/19/18 | For Sale | $145,000 | -- | $31 / Sq Ft |
Source: NorthWest Illinois Alliance of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document | |
| Grant Deed | $151,000 | Title Underwriters Agency | |
| Warranty Deed | $151,000 | Berger Law Firm Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $73,000 | New Conventional | |
| Previous Owner | $86,237 | New Conventional | |
| Previous Owner | $120,800 | New Conventional | |
| Closed | $86,237 | No Value Available | |
| Closed | $120,800 | No Value Available |
Source: Public Records
Similar Homes in South Beloit, IL
Source: NorthWest Illinois Alliance of REALTORS®
MLS Number: 202500783
APN: 03-11-100-002
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