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Executive Summary

Former CBRF, Community based Residential facility, 2 units 8 rooms each. 16 total rooms large living rooms, Kitchens and dining rooms, new carpet front building, 2 full baths in each building, plus Apt. 1 and 6 each have a half bath, private office in each building, all electric heat, window air, sprinkler system in place, no basements, laundry, pantry's and walk out patios. Black top parking out-front on a large lot, 2 car detached garage. Current tenant is relocating. Currently no income. Set your own rents. Great extra income property. many different uses, nursing home, apt. building, efficiency rental. Located in a great historical city of Montello Wi. located near the fox river system. Quiet neighborhood. great investment! Built in 1997. Brick and vinyl exterior. Easy to maintain.

Property Facts

Price $585,000
Price Per Bed $36,563
Sale Type Investment or Owner User
Property Type Health Care
Property Subtype Assisted Living
Building Class C
Lot Size 1.38 AC
Building Size 7,000 SF
No. Beds 16
No. Stories 1
Year Built 1990
Parking Ratio 1.43/1,000 SF
Zoning G2 - Commercial
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
251-00067-0005
Land Assessment
$24,200
Improvements Assessment
$209,000
Total Assessment
$233,200
  • Listing ID: 40547092

  • Date on Market: 5/15/2026

  • Last Updated:

  • Address: 497 Lake St, Montello, WI 53949

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