NOT LISTED FOR SALE

2702 117th Ave W Milan, IL 61264

Estimated Value: $239,000 - $296,000

Studio
-- Bath
5,184 Sq Ft
$53/Sq Ft Est. Value

Last Sold May 23, 2017

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

Est. 102% increase in value since last sale

Current estimated payment $1,905/month

4 Days on Market

Highlights

  • Tile Flooring
  • Rockridge High School Rated 9+
  • Forced Air Heating System

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

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,222

Year Built

  • Built in 1968

Lot Details

  • 1.02 Acre Lot

Home Design

  • Frame Construction

Flooring

  • Carpet
  • Tile

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Shared Well

Community Details

  • 6 Units

Listing and Financial Details

  • The owner pays for taxes, insurance, structure, common area maintenance, snow removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,222

Year Built

Built in 1968

Lot Details

1.02 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Ownership Type: Partnership
  • Year Built: 1968
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: Older
  • Sale Price Includes: Building,Land
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • OwnerPays: Taxes, Insurance, Structure, Other, Common Area Maintenance, Snow Removal
  • Possible Use: Multi-Family

Exterior Features

  • Construction Materials: Frame
  • Frontage Type: Paved, City Street

Utilities

  • Water Source: Shared Well
  • Heat/Ventilation: Forced Air,Gas

Lot Info

  • Lot Size Acres: 1.02
  • Lot Size Sq Ft: 52272
  • Zoning: R-2
  • Property Offered: For Sale Only

Rental Info

  • Board Number: 30

Multi Family

  • NumberOfUnitsTotal: 6

Tax Info

  • Tax Annual Amount: 5222.36

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
$274,178

Purchase Details

Closed on
May 1, 1974
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Illowa Funding Llc -- Priester Theodore J
-- $79,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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: Midwest Real Estate Data (MRED)

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 $5,209 $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: Midwest Real Estate Data (MRED)

MLS Number: QC7036993

Midwest Real Estate Data (MRED)

APN: 23-03-309-007

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