NOT LISTED FOR SALE

Estimated Value: $2,012,228

Studio
-- Bath
2,795 Sq Ft
$720/Sq Ft Est. Value

Sale Details

Date Sold: October 17, 2022

Last sale price $775,000 $277 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $14,073 / mo

132 Days on Market

About This Home

As of October 2022

Warehouse area 20,254 sq ft additional office on 1st floor 2,342 sq ft. Plus 2nd floor conference room, break room and office of 4001 sq ft. Building has 650 AMP services, air-conditioned warehouse, buss runs throughout, sprinkler system. Available for immediate occupancy.

Last Agent to Sell the Property

Margery Stratton

Mel Foster Co. Commercial License #B15127000/471.001981 Listed on: 04/22/2022

Mel Foster Co. Commercial

Co-Listed By

Alex Barnhart

Mel Foster Co. Davenport License #S70119000/475.203180

Last Buyer's Agent

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $32,250

Year Built

  • Built in 1994

Lot Details

  • 1.92

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$32,250

Year Built

Built in 1994

Lot Details

1.92 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Warehouse
  • Lvt Date: 05/03/2022
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Maximum Ceiling Ht Feet: 24
  • Min Ceiling Ht Feet: 17
  • Total Building Sq Ft: 25295
  • Estimated Lot Sq Ft: 83635

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street, Paved 2Lane
  • Insulation: Unknown
  • Roof Construction: Membrane
  • Wall Construction: Block

Garage/Parking

  • Numberparking Spaces Allocated: 50

Utilities

  • Electric Company: Mid American
  • Cooling: Central Air
  • Heating: Forced Air
  • Sprinkler: Yes
  • Water Supply: Municipal/City
  • Gas Company: Mid American

Lot Info

  • Estimated Number of Acres: 1.92
  • Zoning: Industrial
  • Geo Subdivision: IL
  • Property Use: Distribution Warehouse, Manufacturing, Warehouse, Freestanding Building

Rental Info

  • Lease Dollar Sq Ft: 3.75
  • Lease Type: Net
  • Owner Pays: None
  • Sale Lease Includes: Building
  • Tenant Pays: All
  • Terms Lease: 5 Years, Indexed Rent Increase

Tax Info

  • Annual Taxes: 32250.44
  • Parcel Id Number Tax Id: 16-26-101-011
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2025
Sold by
Jjo Llc
Bought by
Applied Science & Technology Research Organiz
Current Estimated Value
$2,012,228

Purchase Details

Listed on
Apr 22, 2022
Closed on
Nov 29, 2022
Sold by
Obros Llc
Bought by
Jjo Llc
Seller's Agent
Margery Stratton
Mel Foster Co. Commercial
Buyer's Agent
Thad DenHartog
Mel Foster Co. Commercial
List Price
$1,138,275
Sold Price
$775,000
Premium/Discount to List
-$363,275
-31.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.86%

Purchase Details

Listed on
Apr 22, 2022
Closed on
Oct 13, 2022
Sold by
Lewis Karl R
Bought by
Obros Llc
Seller's Agent
Margery Stratton
Mel Foster Co. Commercial
Buyer's Agent
Thad DenHartog
Mel Foster Co. Commercial
List Price
$1,138,275
Sold Price
$775,000
Premium/Discount to List
-$363,275
-31.91%
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

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 Buyer Sale Price Title Company
Applied Science & Technology Research Organiz $2,100,000 None Listed On Document
Jjo Llc -- --
Obros Llc $775,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $775,000 -31.9% $277 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $1,138,275 -- $407 / 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 $37,944 $399,610 $22,048 $377,562
2023 $36,830 $373,468 $20,606 $352,862
2022 $33,134 $344,527 $19,009 $325,518
2021 $32,921 $326,257 $18,001 $308,256
2020 $32,250 $317,989 $17,545 $300,444
2019 $12,967 $349,971 $17,371 $332,600
2018 $34,965 $345,821 $17,165 $328,656
2017 $31,923 $339,373 $16,845 $322,528
2016 $31,161 $337,684 $16,761 $320,923
2015 $31,232 $335,904 $16,673 $319,231
2014 $7,709 $328,673 $16,314 $312,359
2013 $7,709 $328,673 $16,314 $312,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4232698

RMLS Alliance

APN: 16-26-101-011

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