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2585 Yale Bridge RD South Beloit, IL 61080
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Key Details
Sold Price $440,000
Property Type Single Family Home
Sub Type Detached Single
Listing Status Sold
Purchase Type For Sale
Square Footage 4,576 sqft
Price per Sqft $96
MLS Listing ID 12330259
Bedrooms 1
Full Baths 1
Half Baths 2
Year Built 1974
Annual Tax Amount $8,521
Tax Year 2023
Lot Size 1.780 Acres
Property Sub-Type Detached Single
Property Description
OPPORTUNITY 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.
Location
State IL
County Winnebago
Area South Beloit
Interior
Heating Propane
Cooling Central Air
Building
Building Description Vinyl Siding,Stone, No
Sewer Septic Tank
Water Shared Well
Structure Type Vinyl Siding,Stone
New Construction false
New Construction false
Schools
High Schools Hononegah High School
School District 140 , 140, 207
Others
Special Listing Condition None
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