900 3rd Street
$975,000
6
6
1
3,784
3,784
$258
Virtual Tour
Description
Top-rated, profitable, and recently renovated Aldrich Guest House offers aspiring innkeepers a dream come true. This 5-room B&B boasts impressive financials, loyal guests, and a strong online presence, all primed for continued success. Extensive renovations Recent improvements mean low maintenance costs, including roof replacement (2023), all windows replaced (2023), full kitchen renovation and new appliances (2022), HVAC systems, tankless water heaters, and landscaping to name a few. The property...Top-rated, profitable, and recently renovated Aldrich Guest House offers aspiring innkeepers a dream come true. This 5-room B&B boasts impressive financials, loyal guests, and a strong online presence, all primed for continued success. Extensive renovations Recent improvements mean low maintenance costs, including roof replacement (2023), all windows replaced (2023), full kitchen renovation and new appliances (2022), HVAC systems, tankless water heaters, and landscaping to name a few. The property has ductless heat pumps/mini splits for more efficient heating and cooling and personal control in the rooms. Each guest room has also been updated to reflect the home's history instead of outdated decor, prioritizing sustainability and preservation. Financials are impressive Revenue, rates, and occupancy consistently exceed the competition. This strong performance translates to immediate return on investment for new owners. Additionally, Aldrich Guest House boasts over 1000 five-star reviews and numerous awards, solidifying its position as a top hospitality property. A fully updated website and active social media presence Facebook, Instagram, and Pinterest provide a strong foundation for continued marketing success. New owners can easily adapt these platforms to their vision while inheriting a dedicated follower base. Ideal Location Situated in a charming neighborhood, the inn is within walking distance of Galena's vibrant downtown and a short drive from other attractions. Galena's proximity to major cities like Chicago and Milwaukee guarantees a steady stream of year-round visitors. In summary Aldrich Guest House is a turnkey opportunity. Recent updates minimize upkeep, strong financials ensure profitability, and established effective marketing positions the B&B for continued success. The next owners can seamlessly transition this beloved property into their own unique vision, building upon the legacy of hospitality excellence.
- Listed by JOAN MURRAY • Eagle Ridge RealtyP: (815)-777-2800 C: (815)-541-2885 jmurray@eagleridgerealty.com
Property Details for 900 3rd Street
Style
Bed & Breakfest
Garage2.0
Garage Type/DrivewayDetached
LISTING UPDATED: 09/14/2024 01:23 PM
Property Details for 900 3rd Street
Status | Active And Available |
---|---|
MLS # | 202302443 |
Days on Market | 557 |
Taxes | $9,574 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | House / House |
Year Built | 1940 |
Lot Size | 0.43 AC / 18,730 SF |
County | Jo Daviess County |
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Building Information for 900 3rd Street
Stories-Year Built1940Building Size-Lot Size0.43 AC / 18,730 SF
Property Information for 900 3rd Street
Property History for 900 3rd Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 900 3rd Street
Taxable ValueLand$6,756Additions$111,805Total$118,561
Tax Record2022$10,649 ($887 / month)
Home Facts
Beds0Lot Size18,731 SqFtStyleSingle Family ResidenceCountyJO DAVIESSAPN06-500-174-00
Schools near 900 3rd Street
This home is within Galena Community Unit School District 120.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 4 | |||
Public - | 5 to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
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Galena Primary School PublicPK to 4 | ||
Galena Middle School Public5 to 8 | ||
Galena High School Public9 to 12 |
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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