2585 Yale Bridge Rd South Beloit, IL 61080
1
Bed
3
Baths
4,576
Sq Ft
1.78
Acres
Highlights
- 1.78 Acre Lot
- Living Room
- Accessibility Features
- Whitman Post Elementary School Rated A-
- Laundry Room
- 1-Story Property
About This Home
As of July 2025OPPORTUNITY 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
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,521
Year Built
- Built in 1974
Lot Details
- 1.78 Acre Lot
- Lot Dimensions are 304x255x304x255
Home Design
- Stone Siding
Interior Spaces
- 4,576 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Potential Bedroom
Parking
- 54 Parking Spaces
- Handicap Parking
- Parking Included in Price
Accessible Home Design
- Grab Bar In Bathroom
- Accessibility Features
- Doors are 32 inches wide or more
Schools
- Hononegah High School
Utilities
- Central Air
- Heating System Uses Propane
- Shared Well
- Septic Tank
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 19, 2019
Sold by
Frisella Paul B and Frisella Patricia A
Bought by
Frisella Paul B and Frisella Patricia A
Current Estimated Value
Purchase Details
Listed on
Mar 19, 2018
Closed on
May 4, 2018
Sold by
Machesney Pk Illinois Congrega
Bought by
Frisella Paul B and Frisella Patricia A
Seller's Agent
Carole Stine
Re/Max Professional Advantage
Buyer's Agent
Tronda Knodle
Knodle Realty Group, LLC
List Price
$145,000
Sold Price
$151,000
Premium/Discount to List
$6,000
4.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.93%
Original Mortgage
$86,237
Interest Rate
4%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 04/13/2018 04/13/18 | Pending | -- | -- | -- |
| 03/19/2018 03/19/18 | For Sale | $145,000 | -- | $31 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 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 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Tronda Knodle
Knodle Realty Group
(815) 670-4397
4 in this area
124 Total Sales
-
N
Buyer's Agent in 2025
Non Member
NON MEMBER
-
C
Seller's Agent in 2018
Carole Stine
RE/MAX
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12330259
APN: 03-11-100-002
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