Seller's Agent in 2021
JD Gieson
RE/MAX
(815) 677-1873
103 in this area
493 Total Sales
1001 Kane St Rock Falls, IL 61071
24
Beds
16
Baths
--
Sq Ft
25,265
Sq Ft
About This Home
As of June 2021Cash flowing investment opportunity! 16 total units! Parcel/sale includes 916-918 W 5th St, Rock Falls... *Part of a larger local investment portfolio* ... 1001 Kane includes 8, 1 bedroom units with all exterior access, and 916-918 W 5th includes 8, 2 bedroom units! Each unit includes a fridge, stove, and wall A/C unit. 916-918 new roof in 2014. There is 1 designated carport per unit, as well as off street parking available. All units have electric heat.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,214
Year Built
- Built in 1971
Lot Details
- 0.58 Acre Lot
- Lot Dimensions are 117x217
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 24 Bedrooms
- 16 Bathrooms
Utilities
- Window Unit Cooling System
- Heating Available
Listing and Financial Details
- Tenant pays for electricity, sewer
Community Details
Overview
- 16 Units
Building Details
- Electric Expense $3,183
- Fuel Expense $435
- Insurance Expense $3,486
- Operating Expense $42,995
- Gross Income $62,302
- Net Operating Income $27,501
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2021 06/29/21 | Sold | $390,000 | -4.9% | -- |
| 05/04/2021 05/04/21 | Pending | -- | -- | -- |
| 04/22/2021 04/22/21 | For Sale | $410,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $13,277 | $121,046 | $7,872 | $113,174 |
| 2023 | $13,881 | $121,046 | $7,872 | $113,174 |
Source: Public Records
Agents Affiliated with this Home
-
JD Gieson
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11063231
APN: 1128329048
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Based on information submitted to the MLS GRID
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