$315,000
SOLD MAY 17, 2018

201 W 2nd Ave Coal Valley, IL 61240

-- Bed
-- Bath
10,000 Sq Ft
2.91 Acres

Recently Sold

$32 Per Sq Ft

16% Below List Price

284 Days on Market

About This Home

As of May 2018

Former grocery/retail space can easily be converted into office space in this retail strip center. Property is located just one block off of the main street in Coal Valley. Immediate occupancy. Location has ample off-street lighted parking.

Last Agent to Sell the Property

Jim Weir

Hawkeye Commercial Real Estate License #475.058150 Listed on: 06/22/2017

Co-Listed By

David Levin

Hawkeye Commercial Real Estate License #475.081178/B27165000

Last Buyer's Agent

David Levin

Hawkeye Commercial Real Estate License #475.081178/B27165000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,948

Year Built

  • Built in 1977

Utilities

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

Listing and Financial Details

  • Tenant pays for electric, tenant pays
  • The owner pays for owner pays

Property Details

Property Type

Other

Est. Annual Taxes

$13,948

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Retail
  • Year Built: 1977
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Carpeted, Tile/Vinyl
  • Other Access: None
  • Total Building Sq Ft: 20500
  • Estimated Lot Sq Ft: 127,020 SF

Exterior Features

  • Exterior Finish: Brick, Other Exterior Finish
  • Frontage Access: Paved 2Lane
  • Insulation: Other Insulation
  • Roof Construction: Tar/Gravel
  • Wall Construction: Block, Brick, Frame

Garage/Parking

  • Numberparking Spaces Allocated: 100

Utilities

  • Cooling: Central Air, Individual Control, Individual Units
  • Heating: Forced Air, Gas, Individual Units
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 2.91
  • Zoning: B-1
  • Geo Subdivision: IL
  • Property Use: Office Building

Rental Info

  • Owner Pays: Owner Pays Other
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Electric, Tenant Pays Other
  • Terms Lease: Yearly, 2 Years, 3 Years, 4 Years, 5 Years, Other Term/Lease

Tax Info

  • Annual Taxes: 13947.56
  • Parcel Id Number Tax Id: 1220-1
  • Tax Incentive: In City Limit, TIF District
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2017
Closed on
May 15, 2018
Sold by
Tony Struyk Trust
Bought by
Donald R Bealer Family Limited
Seller's Agent
Jim Weir
Hawkeye Commercial Real Estate
Buyer's Agent
David Levin
Hawkeye Commercial Real Estate
List Price
$375,000
Sold Price
$315,000
Premium/Discount to List
-$60,000
-16%
Current Estimated Value
$427,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,130
Avg. Annual Appreciation
4.26%
Original Mortgage
$315,000
Interest Rate
4.44%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 22, 2017
Closed on
May 8, 2018
Sold by
Tony Struyk Trust
Bought by
Donald R Bealer Family Limited
Seller's Agent
Jim Weir
Hawkeye Commercial Real Estate
Buyer's Agent
David Levin
Hawkeye Commercial Real Estate
List Price
$375,000
Sold Price
$315,000
Premium/Discount to List
-$60,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.44%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 1, 2006
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 Type Sale Price Title Company
Deed $315,000 Donald R Bealer Family Limited
Deed $315,000 Donald R Bealer Family Limited
Deed $500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,191 New Conventional
Closed $1,000,000 Construction
Closed $315,000 Construction
Closed $315,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Rented $885,429 0.0% --
09/10/2022 09/10/22 Under Contract -- -- --
11/16/2021 11/16/21 For Rent $885,429 0.0% --
05/17/2018 05/17/18 Sold $315,000 -16.0% $32 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
11/16/2017 11/16/17 For Sale $375,000 0.0% $38 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
06/22/2017 06/22/17 For Sale $375,000 -- $38 / 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 $18,888 $220,993 $80,328 $140,665
2023 $18,888 $208,484 $75,781 $132,703
2022 $17,398 $197,991 $71,967 $126,024
2021 $16,524 $187,847 $68,280 $119,567
2020 $15,744 $177,885 $64,659 $113,226
2019 $14,981 $171,043 $62,172 $108,871
2018 $14,271 $167,197 $60,774 $106,423
2017 $14,159 $167,197 $60,774 $106,423
2016 $14,188 $167,197 $60,774 $106,423
2015 $14,285 $167,197 $60,774 $106,423
2014 -- $165,817 $59,694 $106,123
2013 -- $165,817 $59,694 $106,123
Source: Public Records

Agents Affiliated with this Home

  • Thomas Dalton

    Seller's Agent in 2022

    Thomas Dalton

    NAI Ruhl Commercial Company

    (563) 529-1750

    15 Total Sales

    Thomas Dalton
    Section Image

  • J

    Seller's Agent in 2018

    Jim Weir

    Hawkeye Commercial Real Estate

    Section Image
  • David Levin

    Seller Co-Listing Agent in 2018

    David Levin

    Hawkeye Commercial Real Estate

    (309) 781-9169

    51 Total Sales

    David Levin
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC7037425

RMLS Alliance

APN: 17-23-300-011

Illinois Rock Island County Coal Valley 61240

201 W 2nd Ave, Coal Valley, IL

This home is located at 201 W 2nd Ave, Coal Valley, IL 61240 and is currently priced at $315,000, approximately $31 per square foot. This property was built in 1977. 201 W 2nd Ave is a home located in Rock Island County with nearby schools including Bicentennial Elementary School, Woodrow Wilson Middle School, and Moline Sr 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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