NOT LISTED FOR SALE

1228 3rd Ave Rock Island, IL 61201

Old Town Chicago Neighborhood
-- Bed
-- Bath
-- Sq Ft
1.17 Acres

Last Sold December 22, 2022

Last sale price $330,000

321 Days on Market

About This Home

As of December 2022

10,700 Sq Ft industrial warehouse, including 3,000 Sq Ft of office space. Building sits on 1.17 acres which include large fenced in vacant lot to the West. Fully heated warehouse with 4 overhead doors, wired for 3 phase electric.

Last Agent to Sell the Property

Shawn Stuenkel

Hawkeye Commercial Real Estate License #S67977000/475.189483 Listed on: 12/18/2021

Co-Listed By

David Gellerman

Hawkeye Commercial Real Estate License #B41332000/471.018117

Last Buyer's Agent

Shawn Stuenkel

Hawkeye Commercial Real Estate License #S67977000/475.189483 Listed on: 12/18/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $12,761

Year Built

  • 1950

Lot Details

  • 1.17

Utilities

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

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$12,761

Year Built

1950

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Lvt Date: 12/20/2021
  • Special Features: None
  • Property Sub Type: Other
  • Year Built (Public Record): 1950

Interior Features

  • Flooring: Concrete, Carpeted
  • Total Building Sq Ft: 10700
  • Estimated Lot Sq Ft: 50965.20

Exterior Features

  • Exterior Finish: Block, Brick, Concrete
  • Fenced: Yes
  • Frontage Access: Corner Lot, City Street
  • Insulation: Other Insulation
  • Roof Construction: Flat, Membrane
  • Wall Construction: Block, Brick, Masonry

Utilities

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

Lot Info

  • Estimated Number of Acres: 1.17
  • Zoning: C
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 4.95
  • Lease Type: Net
  • Owner Pays: None
  • Sale Lease Includes: Building, Land
  • Tenant Pays: All
  • Terms Lease: 3 Years, 5 Years

Tax Info

  • Annual Taxes: 12760.67
  • Parcel Id Number Tax Id: 0735110001
  • Tax Incentive: In City Limit
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Dec 20, 2022
Sold by
Wbw Investors Llc
Bought by
Skv Holdings Inc
Seller's Agent
Shawn Stuenkel
Hawkeye Commercial Real Estate
Buyer's Agent
Shawn Stuenkel
Hawkeye Commercial Real Estate
List Price
$398,000
Sold Price
$330,000
Premium/Discount to List
-$68,000
-17.09%
Total Days on Market
321
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Outstanding Balance
$156,159
Interest Rate
7.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Skv Holdings Inc $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skv Holdings Inc $263,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2022 12/22/22 Sold $330,000 -17.1% --
11/04/2022 11/04/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $398,000 +20.6% --
10/01/2022 10/01/22 Off Market $330,000 -- --
08/31/2022 08/31/22 Price Changed $398,000 -11.4% --
07/26/2022 07/26/22 For Sale $449,000 +36.1% --
07/01/2022 07/01/22 Off Market $330,000 -- --
12/18/2021 12/18/21 For Sale $449,000 -- --
Source: RMLS Alliance

Tax History Compared to Growth

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 $14,603 $136,592 $19,223 $117,369
2022 $13,007 $125,366 $17,827 $107,539
2021 $12,879 $120,312 $17,108 $103,204
2020 $12,713 $117,378 $16,691 $100,687
2019 $12,702 $117,378 $16,691 $100,687
2018 $12,219 $115,077 $16,364 $98,713
2017 $11,834 $113,376 $16,122 $97,254
2016 $11,412 $111,153 $15,806 $95,347
2015 $10,942 $105,358 $14,982 $90,376
2014 $3,153 $121,009 $30,134 $90,875
2013 $3,153 $121,009 $30,134 $90,875
Source: Public Records

Agents Affiliated with this Home

  • Shawn Stuenkel

    Seller's Agent in 2022

    Shawn Stuenkel

    Hawkeye Commercial Real Estate

    (309) 368-3419

    1 in this area

    59 Total Sales

    Shawn Stuenkel
    Section Image
  • David Gellerman

    Seller Co-Listing Agent in 2022

    David Gellerman

    Hawkeye Commercial Real Estate

    (319) 645-0087

    1 in this area

    51 Total Sales

    David Gellerman
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC4229168

RMLS Alliance

APN: 07-35-110-001

Illinois Rock Island County Rock Island 61201 Old Town Chicago

1228 3rd Ave, Rock Island, IL

This home is located at 1228 3rd Ave, Rock Island, IL 61201 since 18 December 2021. This property was built in 1950. 1228 3rd Ave is a home located in Rock Island County with nearby schools including Rock Island Academy, Washington Junior High School, and Rock Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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