$729,000
$20K PRICE DROP

448 Territory Dr Galena, IL 61036

Estimated payment $4,930/month

Total Views 22,684
5 Beds
4.5 Baths
4,575 Sq Ft
$159 Price per Sq Ft

Highlights

  • Deck
  • Ranch Style House
  • Wet Bar
  • River Ridge Middle School Rated 9+
  • 2 Fireplaces
  • Walk-In Closet

About This Home

REDUCED! Welcome to your dream home with passive income potential! This stunning 5-bedroom, 4.5-bathroom ranch-style house in The Galena Territory is now available for sale. Boasting a rental license, this property offers not just a luxurious living space but also an opportunity for additional income. As you step inside, you'll be greeted by the expansive living room adorned with large windows framing breathtaking views of the surrounding valley. The seamless flow leads to the dining room and kitchen, featuring a built-in breakfast bar and a cozy breakfast nook, perfect for enjoying your morning coffee. Adjacent to the kitchen is a light-filled sunroom, adding charm and tranquility to your daily routine. Convenience meets functionality with the laundry room and attached garage conveniently located off the kitchen. The main level also hosts a spacious master bedroom with a private deck overlooking the picturesque landscape, accompanied by an extravagant master bathroom boasting two large walk-in closets. An additional bedroom with an adjoining full bathroom completes the main level. Descend to the lower level, where another expansive entertaining area awaits, featuring a corner fireplace, a pool table, and a built-in wet bar. Recently updated with brand new vinyl plank flooring, updating the space to a modern aesthetic without sacrificing durability. Three well-appointed bedrooms provide ample space for guests or family members. Step outside to enjoy the outdoors from the rear deck, patio, or the inviting fire pit area with limestone accents. Practicality is key, with a large storage closet currently utilized as a supply closet for the rental, and an additional space that could be configured as a second laundry room. Plus, rest assured knowing that the septic system has been brought up to code for added peace of mind. Located in The Galena Territory's resort core on Territory Drive, this home offers access to the owner's club just down the street, where you can enjoy amenities such as indoor and outdoor pools, a fitness center, basketball courts, and more. Don't miss out on this exceptional opportunity to own a luxurious home with income potential in a sought-after location. Square footage is approximate and sourced from a set of plans. Schedule your viewing today and experience the epitome of upscale living in The Galena Territory!

Listing Agent

STEFANIA PEPPLE

JIM SULLIVAN REALTY License #475.182444 Listed on: 02/19/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,077

Year Built

  • Built in 1997

Lot Details

  • 0.93 Acre Lot

HOA Fees

  • $113 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Wet Bar
  • 2 Fireplaces
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Built-In Oven
  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Fire Pit

Schools

  • River Ridge Elementary And Middle School
  • River Ridge High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Gas Tank Leased
  • Gas Water Heater
  • Septic System

Community Details

  • The community has rules related to covenants

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,077

Year Built

Built in 1997

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Interior Amenities: Bar-Wet, Walk-In Closet, Window Treatments
  • Road Frontage: Hard Surface Road
  • Type: Covenants, Panorama, Restrictions, Subdivision
  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Wall Oven, Washer, LP Gas Tank Rented
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 2380
  • Estimated Below Grade Finished Sq Ft: 2195
  • General Features: Basement Entrance, Deck, Laundry 1st Floor, Main Floor Primary, Patio, Fire-Pit/Fireplace
  • Grid: Galena Territory
  • Hoa Fee Frequency: Yearly
  • Legal Description: THE GALENA TERRITORY EAGLE RIDGE UNIT 20 LOT 39
  • Lot Acreage: 0.93
  • Lvt Date: 02/20/2024
  • Number of Lower Level Full Bathrooms: 2
  • Number of Upper Level Full Bathrooms: 2
  • Number of Upper Level Half Bathrooms: 1
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: F_9332
  • Egress: Yes
  • Elementary School: River Ridge
  • Estimated Total Finished Sq Ft: 4575
  • Garage Type Driveway: Asphalt, Attached
  • Hold Earnest Money Y N: No
  • Licensed Unit Number: 729
  • Pertinent Facts: REDUCED! Welcome to your dream home with passive income potential! This stunning 5-bedroom, 4.5-bathroom ranch-style house in The Galena Territory is now available for sale. Boasting a rental license, this property offers not just a luxurious living space but also an opportunity for additional income. As you step inside, you'll be greeted by the expansive living room adorned with large windows framing breathtaking views of the surrounding valley. The seamless flow leads to the dining room and kitchen, featuring a built-in breakfast bar and a cozy breakfast nook, perfect for enjoying your morning coffee. Adjacent to the kitchen is a light-filled sunroom, adding charm and tranquility to your daily routine. Convenience meets functionality with the laundry room and attached garage conveniently located off the kitchen. The main level also hosts a spacious master bedroom with a private deck overlooking the picturesque landscape, accompanied by an extravagant master bathroom boasting two large walk-in closets. An additional bedroom with an adjoining full bathroom completes the main level. Descend to the lower level, where another expansive entertaining area awaits, featuring a corner fireplace, a pool table, and a built-in wet bar. Recently updated with brand new vinyl plank flooring, updating the space to a modern aesthetic without sacrificing durability. Three well-appointed bedrooms provide ample space for guests or family members. Step outside to enjoy the outdoors from the rear deck, patio, or the inviting fire pit area with limestone accents. Practicality is key, with a large storage closet currently utilized as a supply closet for the rental, and an additional space that could be configured as a second laundry room. Plus, rest assured knowing that the septic system has been brought up to code for added peace of mind. Located in The Galena Territory's resort core on Territory Drive, this home offers access to the owner's club just down the street, where you can enjoy amenities such as indoor and outdoor pools, a fitness center, basketball courts, and more. Don't miss out on this exceptional opportunity to own a luxurious home with income potential in a sought-after location. Square footage is approximate and sourced from a set of plans. Schedule your viewing today and experience the epitome of upscale living in The Galena Territory!
  • Rental License: Yes
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 2380
  • L O1 Brokerage Number: 478012972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Basement Type: Full
  • Master Bedroom: Dimensions: 14'2x14'9, On Level: Main
  • Fireplace Type: Gas
  • Basement: Basement Entrance, Finished
  • Bedroom 2: Dimensions: 15'9x12'9, On Level: Lower
  • Bedroom 3: Dimensions: 16'4x14'6, On Level: Lower
  • Bedroom 4: Dimensions: 13'9x12'4, On Level: Lower
  • Dining Room: Yes, On Level: Main, Dimensions: 16'4x11'9
  • Family Room: Yes, On Level: Lower, Dimensions: 36'5x20'5
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Living Room: Yes, On Level: Main, Dimensions: 20'5x18'4
  • Number Of Fireplaces: 2
  • Price Per Sq Ft: 159.34
  • Recreation Room: No
  • Total Bathrooms: 4.5
  • Basement: Yes

Exterior Features

  • Exterior: Wood
  • Roof: Shingle

Garage/Parking

  • Garage: 2

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Sewer: Septic
  • Water: City/Community
  • Water Heater: LP Gas

Condo/Co-op/Association

  • HOA Fees: 1360

Schools

  • School District: River Ridge
  • Elementary School: River Ridge
  • Middle School: River Ridge
  • High School: River Ridge

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2023
  • Taxes: 9077

MLS Schools

  • HighSchool: River Ridge
  • School District: River Ridge
  • Middle School: River Ridge

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $10,968 $214,825 $33,520 $181,305
2023 $10,452 $187,752 $29,296 $158,456
2022 $10,452 $140,114 $21,863 $118,251
2021 $8,628 $129,939 $20,275 $109,664
2020 $6,426 $94,396 $20,373 $74,023
2019 $6,299 $92,818 $20,032 $72,786
2018 $6,208 $93,955 $20,277 $73,678
2017 $6,102 $93,955 $20,277 $73,678
2016 $5,952 $93,414 $20,283 $73,131
2015 $5,921 $93,414 $20,283 $73,131
2014 $5,840 $99,615 $21,629 $77,986
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 For Sale $729,000 0.0% $159 / Sq Ft
02/14/2025 02/14/25 Off Market $729,000 -- --
08/28/2024 08/28/24 Price Changed $729,000 -2.7% $159 / Sq Ft
02/19/2024 02/19/24 For Sale $749,000 +91.1% $164 / Sq Ft
03/13/2020 03/13/20 Sold $392,000 -20.0% $88 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
12/15/2017 12/15/17 For Sale $489,900 -- $110 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

Date Type Sale Price Title Company
Grant Deed $392,000 Security First Title
Grant Deed $330,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,800 Construction
Source: Public Records

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Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202400637

NorthWest Illinois Alliance of REALTORS®

APN: 08-420-039-00