NOT LISTED FOR SALE

1800 7th Ave Moline, IL 61265

Downtown Moline Neighborhood

Estimated Value: $1,193,671

-- Bed
-- Bath
47,286 Sq Ft
$25/Sq Ft Est. Value

Last Sold March 02, 2018

Last sale price $500,000 $11 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $8,100/month

344 Days on Market

About This Home

As of March 2018

Majestic Moline Landmark at the foot of the I-74 bridge, faced with Bedford Limestone with blue/black Bangor slate roof trimmed in copper. Three story concert hall/theater with capacity of 500, 60 canvas stage backdrops. Updated sound, lights, costume/wardrobe room and original organ still working and well maintained. Fully equipped commercial kitchen, seats 800 in dining with too many amenities to list. Large beautiful rooms, stained glass, terrazzo floor, elevator and much more. A must see!

Last Agent to Sell the Property

David Levin

Hawkeye Commercial Real Estate License #475.081178/B27165000 Listed on: 12/12/2016

Last Buyer's Agent

Peter Stopulos

NAI Ruhl Commercial Company License #S44257000

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,182

Year Built

  • Built in 1930

Lot Details

  • 2.5

Utilities

  • Central Air
  • Partial Air Conditioning Available
  • Hot Water Heating System

Property Details

Property Type

Other

Est. Annual Taxes

$1,182

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Year Built: 1930
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl, Terazzo
  • Maximum Ceiling Ht Feet: 60
  • Total Building Sq Ft: 47286
  • Estimated Lot Sq Ft: 107,533.38 SF

Exterior Features

  • Exterior Finish: Other Exterior Finish
  • Frontage Access: Paved 4Lane, Interstate, Corner Lot
  • Insulation: Unknown
  • Roof Construction: Other Roof Construction
  • Wall Construction: Brick

Garage/Parking

  • Numberparking Spaces Allocated: 100

Utilities

  • Cooling: Central Air, Partial
  • Heating: Hot Water
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 2.5
  • Zoning: Commercial
  • Geo Subdivision: IL
  • Property Use: Community Center

Rental Info

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

Tax Info

  • Annual Taxes: 1182.4
  • Parcel Id Number Tax Id: 08-32-400-001
  • Tax Incentive: None
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2016
Closed on
Mar 1, 2018
Sold by
Scottish Rite Cathedral Association Of M
Bought by
Wfi Commercial Llc
Seller's Agent
David Levin
Hawkeye Commercial Real Estate
Buyer's Agent
Peter Stopulos
NAI Ruhl Commercial Company
List Price
$1,200,000
Sold Price
$500,000
Premium/Discount to List
-$700,000
-58.33%
Current Estimated Value
$1,193,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$693,671
Avg. Annual Appreciation
11.79%
Original Mortgage
$528,000
Interest Rate
4.04%
Mortgage Type
New Conventional
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
Wfi Commercial Llc $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wfi Commercial Llc $528,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2018 03/02/18 Sold $500,000 -58.3% $11 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
12/12/2016 12/12/16 For Sale $1,200,000 -- $25 / Sq Ft
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 $22,156 $251,130 $49,124 $202,006
2023 $22,156 $240,086 $46,964 $193,122
2022 $21,845 $240,086 $46,964 $193,122
2021 $21,771 $229,309 $44,856 $184,453
2020 $21,879 $227,941 $44,588 $183,353
2019 $21,508 $222,599 $43,543 $179,056
2018 $1,164 $12,183 $4,309 $7,874
2017 $1,162 $12,183 $4,309 $7,874
2016 $1,182 $12,337 $4,463 $7,874
2015 $1,182 $12,337 $4,463 $7,874
2014 $288 $12,557 $4,543 $8,014
2013 $288 $12,557 $4,543 $8,014
Source: Public Records

Agents Affiliated with this Home

  • David Levin

    Seller's Agent in 2018

    David Levin

    Hawkeye Commercial Real Estate

    (309) 781-9169

    3 in this area

    84 Total Sales

    David Levin
    Section Image
  • Peter Stopulos

    Buyer's Agent in 2018

    Peter Stopulos

    NAI Ruhl Commercial Company

    (563) 823-5118

    13 Total Sales

    Peter Stopulos
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC7036392

RMLS Alliance

APN: 08-32-400-051

Illinois Rock Island County Moline 61265 Downtown Moline

1800 7th Ave, Moline, IL

Not Listed for Sale

Other

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