NOT LISTED FOR SALE

118 10th St Silvis, IL 61282

Estimated Value: $124,364

Studio
-- Bath
5,078 Sq Ft
$24/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $80,000 $16 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $770/month

192 Days on Market

About This Home

As of February 2015

Income property. Lrg 3 story building in Silvis, currently being used as sleeping rms. 12 rms rent for $100/week; 4 efficiencies rent from $110-$125/week. Owner pays all expenses but window air is $10/week extra. Tenant provides own window unit. All rooms come w/bed, chest, chair & closet or wardrobe closet. Efficiencies have refrig, stove & sink. 1 room is for storage. 1st & 2nd flrs each have 2 shared baths. 3rd floor has 6 rms w/kitchens & bath, needs refurbishing to make rentable. 2 newer coin operated washer/dryers inside front entrance for tenant use. All beds come w/2 sets of sheets.

Last Agent to Sell the Property

Ruth Klouda

Mel Foster Co. Davenport License #475.077194/B18365000 Listed on: 07/15/2014

Mel Foster Co. Davenport

Last Buyer's Agent

Katie Hartrich

Ruhl&Ruhl REALTORS Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,140

Year Built

  • Built in 1905

Lot Details

  • Lot Dimensions are 40x140

Home Design

  • 5,078 Sq Ft Home
  • Stucco

Utilities

  • Hot Water Heating System
  • Master Meter
  • Propane

Community Details

Overview

  • 17 Units

Building Details

  • Electric Expense $4,779
  • Maintenance Expense $1,059
  • Trash Expense $445
  • Water Sewer Expense $690
  • Gross Income $56,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,140

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1905
  • Built Before 1978 (Y/N): Yes
  • Legal Description: LT 24 BLK 9 Town of Silvis
  • Estimated Age: Older
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Stucco
  • Frontage Type: Paved

Utilities

  • Electric: Shared Meters
  • Heat/Ventilation: Hot Water,Propane

Fee Information

  • Trash Expense: 445
  • Water Sewer Expenses: 690

Lot Info

  • Lot Dimensions: 40x140
  • Property Offered: For Sale Only

Rental Info

  • Tenant Pays: Other, None
  • Board Number: 30

Building Info

  • BuildingAreaTotal: 5078

Multi Family

  • ElectricExpense: 4779
  • GrossIncome: 56540
  • Maintenance Expense: 1059
  • NumberOfUnitsTotal: 17

Tax Info

  • Tax Annual Amount: 2139.52

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $80,000 -5.9% $16 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
07/15/2014 07/15/14 For Sale $85,000 -- $17 / Sq Ft
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 $4,122 $43,970 $2,774 $41,196
2023 $4,122 $41,209 $2,600 $38,609
2022 $3,842 $40,086 $2,529 $37,557
2021 $3,763 $38,323 $2,418 $35,905
2020 $375 $37,831 $2,387 $35,444
2019 $2,344 $37,144 $2,344 $34,800
2018 $2,344 $23,577 $2,344 $21,233
2017 $2,321 $23,137 $2,300 $20,837
2016 $2,322 $23,022 $2,289 $20,733
2015 $2,317 $22,570 $2,244 $20,326
2014 $526 $22,004 $2,188 $19,816
2013 $526 $22,004 $2,188 $19,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4153394

Midwest Real Estate Data (MRED)

APN: 09-32-104-021