1318 North Cherry Street

Galesburg, IL 61401

$85,500
Price
—
Beds
1,704 Sq. Ft.
$50 / Sq. Ft.
1,704
Sq. Ft.
$50
per Sq. Ft.

Description

Looking for a 4-Stall Garage with height to accommodate trucks or utility vehicles along with a wonderful location offering 3-unit apartment house with 3 separate ingress and egress points easily converted to be used as a single family home. Unit 1 features level living room, kitchen, bedroom, and bathroom. Unit 2 offers kitchen/dining, bedroom, and bathroom. Unit 3 is located on the second level of home and offers kitchen, living room, bedroom, and bathroom. Front, side, back porches offer the ingress/egress...Looking for a 4-Stall Garage with height to accommodate trucks or utility vehicles along with a wonderful location offering 3-unit apartment house with 3 separate ingress and egress points easily converted to be used as a single family home. Unit 1 features level living room, kitchen, bedroom, and bathroom. Unit 2 offers kitchen/dining, bedroom, and bathroom. Unit 3 is located on the second level of home and offers kitchen, living room, bedroom, and bathroom. Front, side, back porches offer the ingress/egress points. Home is situated on deep corner lot also featuring 4-car garage with additional income potential. Convenient location to schools shopping, restaurants, recreation, and shopping. Home being sold as-is. Call today!
  1. Listed by Thomas Knapp • RE/MAX Preferred Properties • Offc: 309-344-5444

Property Details for 1318 North Cherry Street

Parking Total
4.0
Subdivision Name
Broad
LISTING UPDATED: 10/19/2024 03:01 PM

Property Details for 1318 North Cherry Street

StatusActive
MLS #CA1031838
Days on Market41
Taxes$2,689 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1881
Lot Size0.23 AC / 10,018 SF
CountyKnox County

Building Information for 1318 North Cherry Street

Stories-Residences3Year Built1881Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 1318 North Cherry Street

Summary
Location and General Information
  • City: Galesburg
  • County Or Parish: Knox
  • Directions: From E. Fremont Street turn north on N. Cherry Street and proceed to 1318 on the SW corner of Sanborn and Cherry Streets.
  • Latitude: 40.96357
  • Longitude: -90.36995
  • MLSArea Minor: Galesburg Northeast
  • Postal Code: 61401
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 9903456010
  • Tax Annual Amount: $2,689
  • Tax Legal Description: BROAD ST ADDN LOT 25 BLK 126
  • Tax Year: 2023
School Information
  • Elementary School: Silas Willard
  • High School: Galesburg
  • Middle Or Junior School: Lombard
Parking
  • Parking Features: Detached, Shared Garage/Stall
Virtual Tour
Property
Lot Information
  • Structure Type: Two or More Story, Apartment Building, Conversion, Triplex
  • Building Area Total: 1704.0
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.23
  • Lot Size Dimensions: 50.3 x 200
  • Number Of Units Total: 3
  • 100 Year Plain: No
  • Road Surface Type: Curbs & Gutters, Paved
Property and Assessments
  • Documents Available: Aerial Photos
  • Foundation Details: Brick
  • New Construction: No
  • Year Built: 1881
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 1
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $750
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Wood Siding
Interior Features
  • Basement: Partial
  • Heating: Forced Air, Gas, Window Unit(s)
  • Interior Features: Cable Available
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 1
  • Number Of Ranges: 1
  • Numberof Refrigerators: 1
  • Number Of Water Heaters: 1
  • Number Of Window Units: 1
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $1,950
  • Gross Income: $17,700
  • Gross Scheduled Income: $15,300
  • Insurance Expense: $1,200
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $9,161
  • Operating Expense: $5,850
  • Advertising Expense: 0
  • Gas Expense: 1950
  • Misc Annual Income: 2400
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Full Baths: 1
  • Number Parking: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4

Property History for 1318 North Cherry Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1318 North Cherry Street

Taxable ValueLand$3,870Additions$24,460Total$28,330
Tax Record2023$2,689 ($224 / month)
Home Facts
Beds0Total Finished SqFt1,000 SqFtAbove Grade Finished SqFt1,000 SqFtStories2Lot Size10,000 SqFtStyleSingle Family ResidenceYear Built1881CountyKNOXAPN99-03-456-010

Schools near 1318 North Cherry Street

This home is within Galesburg Community Unit School District 205.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 7 to 8
Public - 7 to 12
Public - 6 to 8
Rating
School
Distance
Silas Willard Elementary School
PublicK to 4

Churchill Jr High School
Public7 to 8

Galesburg High School
Public7 to 12

Lombard Jr High School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1318 North Cherry Street is a multi-family home for sale in Galesburg, IL 61401. This property was listed for sale on September 13, 2024 by RE/MAX Preferred Properties, it's currently listed at $85,500. This listing's school district is Galesburg Community Unit School District 205. Nearby schools include Silas Willard Elementary School, Churchill Jr High School and Galesburg High School. 1318 North Cherry Street is a 0-bed, 0-bath, 1,704 sqft multi-family home built in 1881.

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Listing Courtesy of RE/MAX Preferred Properties

Based on information from one of the following Multiple Listing Services: RMLS Alliance. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by RMLS Alliance is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.