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Backup Offers

1026 Island Ln, Galesburg, IL, 61401

$177,000

Home List Price

$2,102*

Closing Credit

3 Bedrooms
2 Full Baths
2,092 SqFt
$85/SqFt
House

Location

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1026 Island Ln, Galesburg$177,000

Buyer Closing Credits

$2,102*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport, Detached, Guest Parking
Year Built1922
HeatingElectric, Natural Gas
CoolingCeiling Fan(s)
BasementYes
FireplaceGreat Room, Wood Burning
MLS #CA1027789
StatusAccepting Backup Offers
(Pending Continue to Show)

About 1026 Island Ln

Lake views and multiple entertaining decks abound in this 3Bdrm 2 Bath lake home. Home features open living room, kitchen with wood burning fireplace. A bright open sunroom captures lake views with skylights from 3 sides! The main floor includes 2 bedrooms ,laundry area & a full bath. The lower level offers a couple walkout options to decks. Lower room could become a bedroom, office or family entertaining space. Lower level has a storage room including a full bath. Nice 2 stall covered parking area with asphalt for vehicles. In addition, a large storage shed to park golf cart , ATV, etc. Lake Bracken Membership required. Just a couple minutes from beautiful golf course, clubhouse, restaurant , playground ,park, pickle ball courts and a NEW pool! Boat and fish on beautiful Lake Bracken!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1922
  • Living Area: 2,092 SqFt

Listing Office:

  • Office Name: RE/MAX Preferred Properties
  • Office Phone: (309) 344-5444
  • Listing Agent: Zack Thiel

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Oven, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Interior: Blinds, Cable Available, Ceiling Fan(s)
  • Fireplace: Great Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Dock, Deck

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Detached, Guest Parking

Lot Features

Lot Information:

  • Lot: Views, Sloped, Waterfront

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: S Farnham Turns into Knox Rd 500E. to Island Lane

Price Information

Listing Price Info

Price Summary:

  • List Price: $177,000
  • Price Per SqFt: $85/SqFt

Tax Information:

  • Annual Amount: $2,609
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Galesburg, IL.

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Galesburg, IL

City

Med. Sold Price

$98.1K

Med. Price/SqFt

$76

Avg. Days On Market

35

# of Sold Homes

23

1026 Island Ln vs Galesburg

285 DAYS ON ROCKET

+250 Days

$177,000

+$78.8K More

$85/SqFt

+$9 More

KEY TAKEAWAY

This property is $78.8K more than the Median Sold Price and $9/SqFt more than other homes in Galesburg, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1027789

Listing Office:

  • Office Name: RE/MAX Preferred Properties
  • Office Phone: (309) 344-5444
  • Listing Agent: Zack Thiel

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:51:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,609$34,040
2019$2,606$33,700
2018$1,568$32,710
2017$1,584$32,060

History based on county public records data.

Payment Calculator

$951

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$597

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-905349
9
/10

  • Mable Woolsey Elementary School

  • 106 Pleasant Ave

  • 4.45 miles

  • Public District Grades PK-4

school-card-donut-905350
3
/10

  • King School

  • 1018 S Farnham St

  • 4.88 miles

  • Public District Grades KG-4

school-card-donut-905351
5
/10

  • Hedding Grade School

  • 401 W Latimer St

  • 4.96 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,039. Typical income of Galesburg, IL residents is between $35k-100k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1026 Island Ln

What is the listing price of this property?

The listing price of 1026 Island Ln property is $177,000.

What type of property is this?

The property 1026 Island Ln is a house located in Galesburg, Illinois, 61401.

Is this property for sale now?

Accepting Backup Offers: 1026 Island Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,609 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1026 Island Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1026 Island Ln is 2,092 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1026 Island Ln is 1922.

Rocket Homes›Illinois›Knox County›Galesburg›61401›1026 Island Ln

This home is located at 1026 Island Ln in Galesburg, IL and zip code 61401. This 2,092 square foot home was built in 1922. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 11, 2024 and is currently priced at $177,000.

In November 2024 more than 3 listings in Galesburg, IL were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 12 were sold below. The number of listings in Galesburg, IL decreased by 10.1% between October 2024 and November 2024. In November 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $98,188.

From Rocket Homes Real Estate and based on county public records data.

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