NOT LISTED FOR SALE

1000 1st Ave E Milan, IL 61264

Estimated Value: $964,670

Studio
-- Bath
-- Sq Ft
3.59 Acres Lot

Sale Details

Date Sold: August 3, 2020

Last sale price $672,500

Est. 43% increase in value since last sale

Current estimated payment $6,080 / mo

244 Days on Market

About This Home

As of August 2020

Two building Industrial complex in excellent location. Buildings consist of one office / industrial building and one warehouse and cold storage building (unheated). Buildings are approximately 12,300 SF each. Large site of 3.59 Acres. Dock height are grade level access. Fully fenced lot. Visible from interstate and excellent interstate access to I-280. Serviced by city water and private septic system. Call LA to show.

Last Agent to Sell the Property

John Ruhl

NAI Ruhl Commercial Company License #B31626000/471.019895 Listed on: 10/22/2019

NAI Ruhl Commercial Company

Last Buyer's Agent

Joe Wonio

Mel Foster Co. Commercial License #B61948000/475.170079

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $23,089

Year Built

  • Built in 1969

Lot Details

  • 3.59

Utilities

  • Central Air
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$23,089

Year Built

Built in 1969

Lot Details

3.59 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Year Built: 1969
  • Handicap Modified: Unknown
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted, Tile/Vinyl
  • Maximum Ceiling Ht Feet: 17
  • Min Ceiling Ht Feet: 16
  • Total Building Sq Ft: 24640
  • Estimated Lot Sq Ft: 156226

Exterior Features

  • Exterior Finish: Brick, Steel
  • Fenced: Yes
  • Frontage Access: Paved 4Lane, Corner Lot, City Street
  • Insulation: Side Walls
  • Roof Construction: Metal
  • Wall Construction: Block, Frame

Garage/Parking

  • Numberparking Spaces Allocated: 50

Utilities

  • Cooling: Central Air, Other Cooling
  • Heating: Gas, Other Heating
  • Water Supply: Other Water Supply

Lot Info

  • Estimated Number of Acres: 3.59
  • Zoning: B-4
  • Geo Subdivision: IL
  • Property Use: Distribution Warehouse, Other Property Use

Rental Info

  • Owner Pays: N/A
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 23089
  • Parcel Id Number Tax Id: 11-290`
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Just Wide Llc
Bought by
Milan E 1St Ave Llc
Current Estimated Value
$964,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,405,000
Outstanding Balance
$66,465,291
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
-$65,500,621

Purchase Details

Listed on
Oct 22, 2019
Closed on
Jul 28, 2020
Sold by
John Day Company
Bought by
Just Wide Llc
Seller's Agent
John Ruhl
NAI Ruhl Commercial Company
Buyer's Agent
Joe Wonio
Mel Foster Co. Commercial
List Price
$725,000
Sold Price
$672,500
Premium/Discount to List
-$52,500
-7.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Milan E 1St Ave Llc -- --
Just Wide Llc $672,500 Riverside Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milan E 1St Ave Llc $69,405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2020 08/03/20 Sold $672,500 -7.2% --
06/22/2020 06/22/20 Pending -- -- --
10/22/2019 10/22/19 For Sale $725,000 -- --
Source: RMLS Alliance

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $29,611 $321,274 $51,272 $270,002
2023 $29,611 $300,256 $47,918 $252,338
2022 $26,638 $276,989 $44,205 $232,784
2021 $26,467 $262,300 $41,861 $220,439
2020 $25,928 $255,653 $40,800 $214,853
2019 $26,005 $253,122 $40,396 $212,726
2018 $25,289 $250,121 $39,917 $210,204
2017 $23,089 $245,458 $39,173 $206,285
2016 $22,538 $244,237 $38,978 $205,259
2015 $22,589 $242,950 $38,773 $204,177
2014 $5,078 $237,720 $37,938 $199,782
2013 $5,078 $237,720 $37,938 $199,782
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAQC7041362

RMLS Alliance

APN: 16-24-200-026

Your Personal Tour Guide

Ask me questions while you tour the home.