NOT LISTED FOR SALE

115 1st Ave E Milan, IL 61264

Estimated Value: $81,000 - $265,000

Studio
-- Bath
4,200 Sq Ft
$32/Sq Ft Est. Value

Last Sold June 13, 2019

Last sale price $112,500 $27 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $882/month

125 Days on Market

About This Home

As of June 2019

Great location along a retail corridor and next to Erickson's Chevrolet. 4,200 SF mixed use facility with retail/office along the front three units totaling 1,320 SF. In the back of the building there is 2,880 SF of storage between six 10x20 storage units and 1,680 SF of open storage. There is one retail tenant in the front of the building and 4 of the storage units are currently leased . The neighboring house at 115 1st Avenue included in the sale is a 1,218 SF 3-bedroom 2-bath. Please call listing agent with any questions.

Last Agent to Sell the Property

Alexander Kelly

NAI Ruhl Commercial Company License #475.134777/S60345000 Listed on: 01/24/2019

NAI Ruhl Commercial Company

Last Buyer's Agent

Richard Holman

Ruhl&Ruhl REALTORS Moline License #475.174672

Ruhl&Ruhl REALTORS Moline

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 1989

Lot Details

  • 0.44

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$3,175

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Office, Retail
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Total Building Sq Ft: 4200
  • Estimated Lot Sq Ft: 19489

Exterior Features

  • Exterior Finish: Aluminum
  • Frontage Access: Paved 4Lane
  • Insulation: Unknown
  • Roof Construction: Metal, Sloped
  • Wall Construction: Block

Garage/Parking

  • Numberparking Spaces Allocated: 10

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: Municipal/City

Association/Amenities

  • Amenities: Cable

Lot Info

  • Estimated Number of Acres: 0.44
  • Zoning: B-3
  • Property Use: Strip Center

Rental Info

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

Tax Info

  • Annual Taxes: 3175
  • Parcel Id Number Tax Id: 899-900
  • Tax Incentive: None
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2023
Sold by
R & J Morgan Llc
Bought by
R and Morgan J
Current Estimated Value
$134,714

Purchase Details

Closed on
Nov 18, 2019
Sold by
R & J Morgan Llc
Bought by
R & J Morgan Llc and Ra Morgan Enterprises Llc

Purchase Details

Listed on
Jan 24, 2019
Closed on
Jun 3, 2019
Sold by
Qc Land Development Llc
Bought by
R & J Morgan Llc
Seller's Agent
Alexander Kelly
NAI Ruhl Commercial Company
Buyer's Agent
Richard Holman
Ruhl&Ruhl REALTORS Moline
List Price
$129,000
Sold Price
$112,500
Premium/Discount to List
-$16,500
-12.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%

Purchase Details

Closed on
Nov 20, 2018
Sold by
Sheriff Of Rock Island County
Bought by
Qc Land Development Llc

Purchase Details

Closed on
Dec 1, 2004
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
R -- None Listed On Document
R & J Morgan Llc -- Mack Litonya
R & J Morgan Llc $112,500 Lane & Waterman Llp
Qc Land Development Llc -- Lane & Waterman Llp
Qc Land Development Llc -- Lane & Waterman Llp
-- $181,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2019 06/13/19 Sold $112,500 -12.8% $27 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $129,000 -- $31 / Sq Ft
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 $1,998 $21,681 $5,472 $16,209
2023 $1,998 $20,263 $5,114 $15,149
2022 $1,798 $18,693 $4,718 $13,975
2021 $1,786 $17,702 $4,468 $13,234
2020 $1,750 $17,254 $4,355 $12,899
2019 $1,835 $17,858 $8,628 $9,230
2018 $1,784 $17,647 $8,526 $9,121
2017 $1,629 $17,318 $8,367 $8,951
2016 $1,590 $17,231 $8,325 $8,906
2015 $1,594 $17,140 $8,281 $8,859
2014 $358 $16,771 $8,103 $8,668
2013 $358 $16,771 $8,103 $8,668
Source: Public Records

Agents Affiliated with this Home

  • Alexander Kelly

    Seller's Agent in 2019

    Alexander Kelly

    NAI Ruhl Commercial Company

    (309) 236-5489

    2 in this area

    83 Total Sales

    Alexander Kelly
    Section Image

  • R

    Buyer's Agent in 2019

    Richard Holman

    Ruhl&Ruhl REALTORS Moline

    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC7040576

RMLS Alliance

APN: 16-24-101-002

Illinois Rock Island County Milan 61264

115 1st Ave E, Milan, IL

Not Listed for Sale

Other

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