NOT LISTED FOR SALE

1920 1st Ave E Milan, IL 61264

Estimated Value: $1,180,463

Studio
-- Bath
28,200 Sq Ft
$42/Sq Ft Est. Value

Last Sold August 25, 2017

Last sale price $800,000 $28 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,316/month

459 Days on Market

About This Home

As of August 2017

28,200 SF multi-use facility. Originally constructed as a Car Dealership. Excellent opportunity to convert to light assembly warehouse or office building. Over 50+ parking spaces available. Motivated seller with new pricing for a quick sale.

Last Agent to Sell the Property

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 03/14/2016

Mel Foster Co. Commercial

Last Buyer's Agent

NON MLS

NON-MLS QCAR License #000.00000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $32,307

Year Built

  • Built in 2004

Lot Details

  • 3.04

Utilities

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

Property Details

Property Type

Other

Est. Annual Taxes

$32,307

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Tile/Vinyl
  • Other Access: None
  • Total Building Sq Ft: 28200
  • Estimated Lot Sq Ft: 132422.40

Exterior Features

  • Exterior Finish: Stucco, Aluminum
  • Frontage Access: Paved 2Lane
  • Insulation: Roof
  • Roof Construction: Metal
  • Wall Construction: Steel/ST Fram

Garage/Parking

  • Numberparking Spaces Allocated: 50

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas, Radiant/Base

Lot Info

  • Estimated Number of Acres: 3.04
  • Zoning: PUD
  • Geo Subdivision: IL
  • Property Use: Flex Space

Rental Info

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

Tax Info

  • Annual Taxes: 32307.44
  • Parcel Id Number Tax Id: 4716
  • Tax Incentive: In City Limit
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Etp Milan Building Llc
Bought by
Etp Funding Llc
Current Estimated Value
$1,180,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,164,000
Outstanding Balance
$15,845,302
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
-$14,664,839

Purchase Details

Listed on
Mar 14, 2016
Closed on
Aug 23, 2017
Sold by
Milan Developers Llc
Bought by
Etp Milan Building Llc
Seller's Agent
Thad DenHartog
Mel Foster Co. Commercial
Buyer's Agent
NON MLS
NON-MLS QCAR
List Price
$900,000
Sold Price
$800,000
Premium/Discount to List
-$100,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
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
Etp Funding Llc -- Greystone Title Llc
Etp Milan Building Llc $800,000 Califf & Harper Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Etp Funding Llc $24,164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2017 08/25/17 Sold $800,000 -11.1% $28 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
03/14/2016 03/14/16 For Sale $900,000 -- $32 / 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 $47,354 $513,791 $72,830 $440,961
2023 $47,354 $480,178 $68,065 $412,113
2022 $42,601 $442,969 $62,791 $380,178
2021 $42,327 $419,478 $59,461 $360,017
2020 $41,465 $408,848 $57,954 $350,894
2019 $41,588 $404,800 $57,380 $347,420
2018 $25,886 $256,024 $56,700 $199,324
2017 $23,634 $251,250 $55,643 $195,607
2016 $32,235 $349,316 $55,366 $293,950
2015 $32,307 $347,474 $55,074 $292,400
Source: Public Records

Agents Affiliated with this Home

  • Thad DenHartog

    Seller's Agent in 2017

    Thad DenHartog

    Mel Foster Co. Commercial

    (563) 650-8676

    112 Total Sales

    Thad DenHartog
    Section Image

  • N

    Buyer's Agent in 2017

    NON MLS

    NON-MLS QCAR

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAQC7036820

RMLS Alliance

APN: 17-19-111-002

Illinois Rock Island County Milan 61264

1920 1st Ave E, Milan, IL

Not Listed for Sale

Other

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