2585 Yale Bridge Road South Beloit, IL 61080

$469,900
Reduced $5,100
1
Beds
2
Baths
1.78
Acres
4,576
SQFT
103
$/SQFT
$469,900
Reduced
$5,100
1
Beds
2
Baths
4,576   sf
$103 / sf
Favorite
Ask agent
Share

active
1/28
Street View

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.

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.

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Winnebago
  • Area
    South Beloit
  • Tax Amount
    $8,521
  • Status
    Active
  • Listing #
    12330259
  • Built
    1974
  • Lot Size
    1.78
  • Listed on site
    6 days

Listed by:
Knodle Realty Group

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Knodle Realty Group.
Click for Map
Smart Commute Planner

How Much Is My Home Worth?

Get an instant home-value estimate

Add a destination

School Info

Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • Central Air Conditioning

Style

  • Ranch / One Story

Property History

DateDays AgoEventNew Price
Apr 7, 20254 days agoPrice decreased5,100 (1%)$469,900
Apr 5, 20257 days agoNew on market$475,000
Favorite
Ask agent
Share

Tour This Home

Sat
12Apr
Sun
13Apr
Mon
14Apr
Tue
15Apr
Wed
16Apr
Thu
17Apr
Fri
18Apr
Sat
19Apr
Sun
20Apr
Mon
21Apr
Tue
22Apr
Wed
23Apr
Thu
24Apr
Fri
25Apr
in Person
via Video Call
REALTOR®, Managing Broker & CEO
Photo of Ali Bakir