NOT LISTED FOR SALE

2702 117th Ave W Milan, IL 61264

Estimated Value: $203,000 - $310,000

-- Bed
-- Bath
5,184 Sq Ft
$49/Sq Ft Est. Value

Last Sold May 23, 2017

Last sale price $136,000 $26 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,853/month

4 Days on Market

About This Home

As of May 2017

Six-unit apartment complex and all leases are month-to-month. There is a community well. Larger units have some improvements; this could be a real money maker. Call Broker for showings and give 24 hour notice.

Last Agent to Sell the Property

David Levin

Hawkeye Commercial Real Estate License #475.081178/B27165000 Listed on: 04/05/2017

Last Buyer's Agent

Eric Ryden

Quad Cities Iowa Realty - Moline License #471.010835/B42437000

Quad Cities Iowa Realty - Moline

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,222

Year Built

  • Built in 1968

Lot Details

  • 1.02

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for real estate taxes, insurance, structural maintenance, internal maintenance, common area maintenance, snow/lawn

Property Details

Property Type

Other

Est. Annual Taxes

$5,222

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Style: Mid-Rise
  • Sub Type: Multi-Family
  • Year Built: 1968
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Total Sq Ft: 5184
  • Estimated Lot Sq Ft: 52272

Exterior Features

  • Exterior Finish: Other Exterior Finish
  • Frontage Access: Paved 2Lane, Corner Lot, City Street
  • Insulation: Floors, Roof, Side Walls
  • Prv Patio Deck: Yes
  • Roof Construction: Other Roof Construction
  • Wall Construction: Frame

Utilities

  • Cooling: Individual Units
  • Heating: Forced Air, Gas, Individual Units
  • Water Supply: Shared Well

Lot Info

  • Estimated Number of Acres: 1.02
  • Zoning: R-2

Rental Info

  • Common Laundry: Yes
  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance, Internal Maintenance, Common Area Maint, Snow/Lawn
  • Sale Lease Includes: Building, Land
  • Terms Lease: Yearly, 2 Years

Tax Info

  • Annual Taxes: 5222.36
  • Parcel Id Number Tax Id: 14-808
  • Tax Incentive: In City Limit
  • Tax Year: 2015

Multi Family

  • Total Number Units: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2018
Sold by
Friedman Helene A
Bought by
Illowa Funding Llc
Current Estimated Value
$253,767

Purchase Details

Closed on
May 1, 1974
Source: Public Records

Range of Values:

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Average Value
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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
Illowa Funding Llc -- Priester Theodore J
-- $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aace Real Estate Llc $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2017 05/23/17 Sold $136,000 +1.5% $26 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $134,000 -- $26 / 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 $5,551 $76,300 $18,511 $57,789
2023 $5,551 $70,000 $16,983 $53,017
2022 $6,492 $86,713 $16,732 $69,981
2021 $6,379 $81,805 $15,785 $66,020
2020 $6,131 $78,432 $15,134 $63,298
2019 $5,766 $73,992 $14,277 $59,715
2018 $5,766 $73,992 $14,277 $59,715
2017 $5,583 $72,257 $13,942 $58,315
2016 $5,396 $69,478 $13,406 $56,072
2015 $5,222 $67,455 $13,016 $54,439
2014 -- $67,455 $13,016 $54,439
2013 -- $67,455 $13,016 $54,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7036993

RMLS Alliance

APN: 23-03-309-007