$700,000

114 17th Ave W Unit 102, 104, 106, 108,1 Milan, IL 61264

Ginger Hill Neighborhood

Estimated payment $4,151/month

Total Views 1,793
9 Beds
-- Bath
3,295 Sq Ft
$212 Price per Sq Ft

Highlights

  • Popular Property
  • 12 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot

About This Home

Dont miss this exceptional opportunity to own a fully leased 7 unit Townhome complex, offering strong rental income and long-term investment potential. This well maintained property includes a mix of spacious and desirable units, perfect for attracting and retaining tenants. Three of the townhomes are 3 bedrooms, 1 1/2 baths and offer a private patio and detached 2car garage. Four of the townhomes offer 2 bedrooms, 1 1/2 baths and a 1 1/2 car detached garage with private patio. Each unit is thoughtfully designed with functional layouts, ample storage, full basements with a 2nd family room area and storage that is appealing to a wide range of renters. This property for seasoned and new investors looking to expand their portfolio with a turnkey property. Weather you are focused on cash flow, appreciation, or both- this complex checks all the boxes. These Townhomes can also be sold as individual townhomes as they are all on individual parcel. Schedule your showing today.

Last Listed By

Niki Greenwood

Epique Realty Brokerage Phone: 563-210-6925 License #S61684000/475.166525 Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,659

Year Built

  • Built in 1973

Lot Details

  • 0.45 Acre Lot
  • Corner Lot

Parking

  • 12 Car Detached Garage

Home Design

  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 9 Bedrooms
  • 3,295 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Rock Island High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Willow Wood Subdivision
  • Trash Expense $2,040

Listing and Financial Details

  • Assessor Parcel Number 16-26-404-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,659

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1973
  • New Construction: No
  • Structure Type: Other
  • PricePerSqFt: 212.44
  • Attribution Contact: Cell: 563-210-6925
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished
  • Total Bedrooms: 9

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Brick Partial, Vinyl Siding
  • Foundation Details: Poured Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached
  • Total Parking Spaces: 12

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Sewer Expenses: 683
  • Laundry Features: None, Private
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 7
  • NumberOfHeatingUnits: 7
  • NumberOfCentralAirUnits: 7
  • NumberOfGasMeters: 7
  • NumberOfElectricMeters: 7
  • NumberofWaterMeters: 7
  • NumberOfRanges: 7
  • NumberofRefrigerators: 7
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 7
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 2040
  • AdvertisingExpense: 0

Schools

  • High School: Rock Island

Lot Info

  • Zoning: residential
  • Lot Size Acres: 0.45
  • Lot Size: x
  • Additional Parcels Description: 16-26-404-002 16-26-404-003 16-26-404-004 16-26-404-005 16-26-404-006 16-26-404-007
  • Parcel #: 16-26-404-001

Rental Info

  • Tenant Pays: Sewer, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17811.48
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 76771
  • Resident Manager Expense: 660
  • Annual Operating Expense: 26662

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2023 $2,659 $26,963 $5,584 $21,379
2022 $2,392 $24,873 $5,151 $19,722
2021 $2,377 $23,554 $4,878 $18,676
2020 $2,328 $22,957 $4,754 $18,203
2019 $2,335 $22,730 $4,707 $18,023
2018 $2,271 $22,460 $4,651 $17,809
2017 $2,073 $22,041 $4,564 $17,477
2016 $2,024 $21,931 $4,541 $17,390
2015 $2,028 $21,815 $4,517 $17,298
2014 $456 $21,346 $4,420 $16,926
2013 $456 $21,346 $4,420 $16,926
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $700,000 -- $212 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Deed $436,500 Katz Nowinski Pc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,128 New Conventional
Source: Public Records

Source: RMLS Alliance

MLS Number: QC4263765

RMLS Alliance

APN: 16-26-404-001