NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
0.64 Acres

Last Sold May 26, 2021

Last sale price $130,000

22 Days on Market

About This Home

As of May 2021

Great opportunity to own a solid building in Rock Island with many possibilities. Multiple revenue sources available with this building. The partially gutted upper level could be multi family. The main level already has a fully functioning 32 foot bar , two full restrooms and a functionating commercial kitchen. Plus it offers 2 garages, multiple rooms for storage and or expansion AND a large 56 x 34 reception hall that can be divided from or open into a separate 32 x 30 area. Plenty of parking available with the connected parking lot.

Last Agent to Sell the Property

Eric Ryden

Quad Cities Iowa Realty - Moline License #471.010835/B42437000 Listed on: 03/25/2021

Quad Cities Iowa Realty - Moline

Last Buyer's Agent

Eric Ryden

Quad Cities Iowa Realty - Moline License #471.010835/B42437000 Listed on: 03/25/2021

Quad Cities Iowa Realty - Moline

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $872

Year Built

  • Built in 1925

Lot Details

  • 0.64

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • The owner pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$872

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Bar/Tavern, Multi-Family, Office, Restaurant, Retail
  • Lvt Date: 03/25/2021
  • Year Built: 1925
  • Handicap Modified: Yes
  • Bar: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Other Flooring, Tile/Vinyl
  • Gaming Room Area: Yes
  • Kitchen Sq Ft Or Percent R: 238
  • Other Access: None
  • Total Building Sq Ft: 9648
  • Estimated Lot Sq Ft: 27,840

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Corner Lot, City Street, Paved 2Lane, State Road, Township Road
  • Insulation: Party Walls
  • Roof Construction: Comp Roll, Flat, Rolled
  • Wall Construction: Block, Brick, Frame
  • Outdoor Dining Patio R: No
  • Seating Area Sqft Or Percent R: 2864

Garage/Parking

  • Numberparking Spaces Allocated: 60

Utilities

  • Electric Company: MidAmerican
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Hot Water, Radiant/Base
  • Security System: Yes
  • Sprinkler: Yes
  • Water Supply: Municipal/City
  • Gas Company: MidAmerican
  • Water Company: City of Rock Island

Association/Amenities

  • Amenities: Cable, Wireless Internet

Lot Info

  • Estimated Number of Acres: 0.64
  • Zoning: Commercial
  • Estimated Land Size: 153 X 182
  • Geo Subdivision: IL
  • Property Use: Warehouse, Neighborhood Center

Rental Info

  • Owner Pays: All
  • Tenant Pays: None
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 872.07
  • Parcel Id Number Tax Id: 07-35-212-012
  • Tax Incentive: None
  • Tax Year: 2019

Multi Family

  • Total Number Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2022
Sold by
Fraternal Junctions Ltd
Bought by
House Of Lam Llc
Total Days on Market
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,539
Outstanding Balance
$69,780
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 18, 2021
Sold by
Benevolent And Protective Order Of Elks
Bought by
Fraternal Junctions Ltd
Seller's Agent
Eric Ryden
Quad Cities Iowa Realty - Moline
Buyer's Agent
Eric Ryden
Quad Cities Iowa Realty - Moline
List Price
$130,000
Sold Price
$130,000
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 Buyer Sale Price Title Company
House Of Lam Llc $135,000 Mccarthy Callas & Feeney Pc
Fraternal Junctions Ltd $130,000 Mason And Scott Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open House Of Lam Llc $130,539
Closed House Of Lam Llc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2021 05/26/21 Sold $130,000 0.0% --
04/16/2021 04/16/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $130,000 -- --
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
2023 $1,053 $8,872 $4,131 $4,741
2022 $843 $7,324 $3,831 $3,493
2021 $752 $7,029 $3,677 $3,352
2020 $743 $6,857 $3,587 $3,270
2019 $718 $6,857 $3,587 $3,270
2018 $718 $6,762 $3,587 $3,175
2017 $706 $6,762 $3,587 $3,175
2016 $694 $6,762 $3,587 $3,175
2015 $702 $6,762 $3,587 $3,175
2014 -- $6,877 $3,648 $3,229
2013 -- $6,877 $3,648 $3,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4219932

RMLS Alliance

APN: 07-35-212-015