$69,900
PENDING

497 E Berrien St Galesburg, IL 61401

Estimated payment $456/month

Total Views 2,511
2 Beds
-- Bath
5,100 Sq Ft
$14 Price per Sq Ft

About This Home

Former bar operation and real estate includes sizeable building consisting of past bar which has been removed that included seating area, gaming area, restrooms, small kitchen setup, and outside beer garden. The bar area has been gutted and is now a blank canvas conducive to many uses or open to what one can imagine. Grease trap still in place. Supplemental income included with 2-apartments. 5,100 +/- Square feet of usable area. Site is zoned M-1 Light Industrial. Excellent location to downtown Galesburg and south side of town.

Listing Agent

Thomas Knapp

RE/MAX Preferred Properties Brokerage Phone: 309-344-5444 License #471003323 Listed on: 07/12/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,537

Year Built

  • Built in 1896

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 124 x 132
  • Level Lot

Parking

  • 6 Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bedrooms
  • 5,100 Sq Ft Home
  • Partial Basement

Schools

  • Galesburg Elementary School
  • Lombard Middle School
  • Galesburg High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System

Community Details

  • Original Town Lots Subdivision

Listing and Financial Details

  • Assessor Parcel Number 9914152009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,537

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1896
  • New Construction: No
  • Structure Type: Conversion
  • PricePerSqFt: 13.71
  • Attribution Contact: Offc: 309-344-5444
  • Special Features: None

Interior Features

  • Basement: Partial
  • Total Bedrooms: 2

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 6

Utilities

  • Heating: Forced Air, Window Unit(s)
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 1
  • NumberOfElectricMeters: 1
  • NumberofWaterMeters: 1
  • NumberOfRanges: 1
  • NumberofRefrigerators: 1
  • NumberOfWashers: 1
  • NumberOfDryers: 1
  • NumberOfWindowUnits: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Galesburg
  • High School: Galesburg
  • Middle Or Junior School: Lombard

Lot Info

  • Zoning: M-1
  • Lot Size Acres: 0.38
  • Lot Size: 124 x 132
  • Parcel #: 9914152009

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2512.88
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15000
  • Annual Operating Expense: 1000

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 $2,537 $27,340 $7,290 $20,050
2023 $2,537 $26,470 $7,060 $19,410
2022 $2,509 $26,470 $7,060 $19,410
2021 $2,430 $24,970 $6,660 $18,310
2020 $2,470 $24,970 $6,660 $18,310
2019 $2,489 $24,970 $6,660 $18,310
2018 $2,409 $24,250 $6,470 $17,780
2017 $2,430 $24,250 $6,470 $17,780
2015 -- $23,890 $6,370 $17,520
2013 $2,153 $24,130 $6,430 $17,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Pending -- -- --
07/12/2025 07/12/25 For Sale $69,900 -- $14 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Grant Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $150,000 New Conventional
Source: Public Records

About the Listing Agent

Thomas Knapp

RE/MAX Preferred Properties

(309) 271-0343

Section Image

Thank you for visiting my website. I would like to take a few minutes to tell you a little more about myself and why you should call on me for all of your real estate needs.

I enjoy the real estate business because it allows me the opportunity of building relationships, helping people, and at the same time to work within a community that I really enjoy being a part of. When not working, my favorite thing to do is spend time with my wife Julie, daughter Chelsea, and son

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Source: RMLS Alliance

MLS Number: CA1037783

RMLS Alliance

APN: 99-14-152-009