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Sold for $440,000 on 07/16/25
  • $440,000

    2585 Yale Bridge Rd, South Beloit, IL 61080

    1beds
    4,576sqft
    Single Family Residence
    Built in 1974
    1.78 Acres Lot
    $461,000 Zestimate®
    $96/sqft
    $1,318 Estimated rent

    Home value

    $461,000

    $406,000 - $521,000

    $1,318/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: July 18, 2025 at 05:32am

    Listed by:

    Tronda Knodle 815-670-4397,

    Knodle Realty Group, Llc

    Bought with:

    Michael Rorabeck, 475130872

    Century 21 Affiliated

    Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202500783MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 2
    • Main level bathrooms: 3
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 150.1
    • Dimensions: 19 x 7.9
    Kitchen
    • Level: Main
    • Area: 217.74
    • Dimensions: 19.1 x 11.4
    Living room
    • Level: Main
    • Area: 294.5
    • Dimensions: 19 x 15.5
    Heating
    • Forced Air, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Refrigerator, Stove/Cooktop, Washer, Water Softener, Gas Water Heater
    • Laundry: Main Level
    Features
    • Dry Bar
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 4,576
    • Total interior livable area: 4,576 sqft
    • Finished area above ground: 0
    • Finished area below ground: 4,576

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Accessibility
    • Accessibility features: Wheel Chair Acc.
    Features
    • Patio & porch: Deck
    • Fencing: Fenced
    • Has view: Yes
    • View description: Country
    Lot
    • Size: 1.78 Acres
    • Features: County Taxes, Rural
    Details
    • Additional structures: Garden Shed, Shed(s)
    • Parcel number: 0311100002

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Brick/Stone, Siding
    • Roof: Shingle
    Condition
    • Year built: 1974

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Well

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: South Beloit
    • Subdivision: IL

    Other

    Other facts
    • Ownership: Fee Simple
    • Road surface type: Hard Surface Road

    Price history

    DateEventPrice
    7/16/2025Sold$440,000-6.4%$96/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202500783 Report a problem
    6/3/2025Pending sale$469,900$103/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202500783 Report a problem
    4/7/2025Price change$469,900-1.1%$103/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202500783 Report a problem
    4/2/2025Listed for sale$475,000$104/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202500783 Report a problem
    3/16/2025Pending sale$475,000$104/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202500783 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$8,521 +4.8%$110,265 +9.5%
    2022$8,131 $100,736 +6.9%
    2021-- $94,269 +3.3%

    Find assessor info on the county website

    Neighborhood: 61080

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rockton Grade School
    • Middle: Stephen Mack Middle
    • High: Hononegah High
    • District: Rockton 140

    Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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