NOT LISTED FOR SALE

1516 5th Ave Moline, IL 61265

Downtown Moline Neighborhood
Studio
-- Bath
2,835 Sq Ft
0.4 Acres

About This Home

As of April 2021

2,500 SF of completely renovated bar or lounge space available for lease Downtown Moline. Next to Cafe Fresh, the space features tall ceiling heights, 20+ person bar, remodeled kitchen with 5 Ft hood in place, exposed brick walls, and additional mezzanine space. Turn-key opportunity in one of the best Moline locations. Please contact listing agent for more information or to to view the space.

Last Agent to Rent the Property

Alexander Kelly

NAI Ruhl Commercial Company License #475.134777/S60345000 Listed on: 12/11/2020

NAI Ruhl Commercial Company

Last Renter's Agent

Alexander Kelly

NAI Ruhl Commercial Company License #475.134777/S60345000 Listed on: 12/11/2020

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Year Built

  • 1912

Lot Details

  • 0.4

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cooling, heating, janitorial, water/sewer
  • The owner pays for common area maintenance, real estate taxes, structural maintenance

Property Details

Property Type

Other

Year Built

1912

Lot Details

0

Rental Info

  • Monthly Lease Rate: 2950
  • Lease Dollar Sq Ft: 14.16
  • Lease Type: Gross
  • Owner Pays: Common Area Maint, Real Estate Taxes, Structural Maintenance
  • Tenant Pays: Cooling, Heating, Janitorial, Water/Sewer
  • Terms Lease: 3 Years, 5 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Lvt Date: 12/16/2020
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1912

Interior Features

  • Flooring: Wood
  • Other Access: None
  • Total Building Sq Ft: 2500
  • Estimated Lot Sq Ft: 20300

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street
  • Insulation: Unknown
  • Roof Construction: Sloped
  • Wall Construction: Brick

Utilities

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

Association/Amenities

  • Amenities: Other Amenities

Lot Info

  • Zoning: B-2
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 29486
  • Parcel Id Number Tax Id: 08-32-408-002
  • Tax Incentive: TIF District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2021
Sold by
Sjs Capital Group Inc
Bought by
1 Investment Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Outstanding Balance
$209,934
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2020
Sold by
Alex B Stone Trust
Bought by
Sjs Capital Group Inc
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
1 Investment Properties Llc $1,850,000 Gomez Title
Sjs Capital Group Inc -- Eagle And Eagle Chartered
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1 Investment Properties Llc $1,480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2021 04/13/21 Rented $83,436 0.0% --
03/10/2021 03/10/21 Under Contract -- -- --
12/11/2020 12/11/20 For Rent $83,436 -- --
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
2024 $22,478 $232,359 $40,023 $192,336
2023 $22,478 $222,141 $38,263 $183,878
2022 $20,645 $222,141 $38,263 $183,878
2021 $21,274 $212,169 $36,545 $175,624
2020 $22,103 $210,904 $36,327 $174,577
2019 $21,607 $205,961 $35,476 $170,485
2018 $21,033 $203,535 $35,055 $168,480
2017 $20,715 $199,349 $34,334 $165,015
2016 $20,417 $196,017 $33,760 $162,257
2015 $20,039 $191,986 $33,066 $158,920
2014 -- $195,406 $33,655 $161,751
2013 -- $195,406 $33,655 $161,751
Source: Public Records

Agents Affiliated with this Home

  • Alexander Kelly

    Landlord's Agent in 2021

    Alexander Kelly

    NAI Ruhl Commercial Company

    (309) 236-5489

    2 in this area

    75 Total Sales

    Alexander Kelly
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Map

Source: RMLS Alliance

MLS Number: QC4217620

RMLS Alliance

APN: 08-32-408-002

Illinois Rock Island County Moline 61265 Downtown Moline

1516 5th Ave, Moline, IL

Not Listed for Sale

Other

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