Seller's Agent in 2021
JD Gieson
RE/MAX
(815) 677-1873
488 Total Sales
1001 Kane St Rock Falls, IL 61071
24
Beds
16
Baths
--
Sq Ft
0.58
Acre Lot
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
- 25,265 Sq Ft 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $13,294 | $121,046 | $7,872 | $113,174 |
| 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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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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