NOT LISTED FOR SALE

2832 5th St Rock Island, IL 61201

West Central Rock Island Neighborhood
-- Bed
-- Bath
-- Sq Ft
5.84 Acres

Last Sold June 04, 2018

Last sale price $800,000

696 Days on Market

About This Home

As of June 2018

Investment sale of Quad City Industrial Plaza located 1/2 mile off Hwy 67 & 92 (Centennial Expressway) and just 2 miles from I-280. Property consists of 144,110 SF with 3 long-term tenants currently occupying 65,068 SF. 14'-18' ceilings, 8 truck docks, 9 drive-in doors, 5 ton bridge crane over inside truck dock, 480V-3 Phase heavy power. Good investment property with blue sky opportunity and priced to sell. See LA for financial information.

Last Agent to Sell the Property

Charlie Armstrong

NAI Ruhl Commercial Company License #S41067000/475.130998 Listed on: 11/09/2015

NAI Ruhl Commercial Company

Last Buyer's Agent

NON MLS

NON-MLS QCAR License #000.00000

Property Details

Property Type

  • Other

Year Built

  • Built in 1966

Lot Details

  • 5.84

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for real estate taxes, insurance, internal maintenance, common area maintenance, janitorial, trash, snow/lawn, gas, electric, water/sewer
  • The owner pays for structural maintenance

Property Details

Property Type

Other

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial, Office
  • Year Built: 1966
  • Handicap Modified: Unknown
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Reinforced Concrete
  • Maximum Ceiling Ht Feet: 18
  • Min Ceiling Ht Feet: 14
  • Total Building Sq Ft: 144110
  • Estimated Lot Sq Ft: 254,390 SF

Exterior Features

  • Exterior Finish: Brick, Steel
  • Frontage Access: Paved 2Lane, Inside Lot, City Street
  • Insulation: Party Walls, Roof, Side Walls
  • Roof Construction: Comp Roll, Metal
  • Wall Construction: Block, Brick, Steel/ST Fram

Garage/Parking

  • Numberparking Spaces Allocated: 100

Utilities

  • Cooling: Office Only
  • Heating: Gas
  • Sprinkler: Yes
  • Volts: 480
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 5.84
  • Zoning: I-2
  • Geo Subdivision: IL
  • Property Use: Warehouse

Rental Info

  • Landlord Contribues T I: Yes
  • Owner Pays: Structural Maintenance
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Real Estate Taxes, Insurance, Internal Maintenance, Common Area Maint, Janitorial, Trash, Snow/Lawn, Gas, Electric, Water/Sewer
  • Terms Lease: 3 Years, 5 Years

Tax Info

  • Annual Taxes: 60168.76
  • Parcel Id Number Tax Id: 1610201047 (151-1)
  • Estimated Taxes Sq Ft: 0.41
  • Tax Incentive: In City Limit
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
May 15, 2018
Sold by
Coachman Joint Venture Limited Partnersh
Bought by
Soa Rock Island
Seller's Agent
Charlie Armstrong
NAI Ruhl Commercial Company
Buyer's Agent
NON MLS
NON-MLS QCAR
List Price
$1,545,000
Sold Price
$800,000
Premium/Discount to List
-$745,000
-48.22%

Purchase Details

Closed on
Sep 1, 1984
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Soa Rock Island $800,000 --
-- $999,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2018 06/04/18 Sold $800,000 -48.2% --
10/05/2017 10/05/17 Pending -- -- --
11/09/2015 11/09/15 For Sale $1,545,000 -- --
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
2024 $83,870 $833,380 $98,842 $734,538
2023 $83,870 $762,470 $90,432 $672,038
2022 $73,164 $715,263 $84,833 $630,430
2021 $71,697 $679,262 $80,563 $598,699
2020 $70,203 $660,761 $78,369 $582,392
2019 $69,446 $654,219 $77,593 $576,626
2018 $66,309 $637,019 $75,553 $561,466
2017 $64,473 $615,846 $73,042 $542,804
2016 $62,544 $615,846 $73,042 $542,804
2015 $62,478 $615,846 $73,042 $542,804
2014 $15,078 $620,500 $73,594 $546,906
2013 $15,078 $620,500 $73,594 $546,906
Source: Public Records

Agents Affiliated with this Home

  • Charlie Armstrong

    Seller's Agent in 2018

    Charlie Armstrong

    NAI Ruhl Commercial Company

    (563) 529-6600

    44 Total Sales

    Charlie Armstrong
    Section Image

  • N

    Buyer's Agent in 2018

    NON MLS

    NON-MLS QCAR

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAQC7036377

RMLS Alliance

APN: 16-10-201-047

Illinois Rock Island County Rock Island 61201 West Central Rock Island

2832 5th St, Rock Island, IL

This home is located at 2832 5th St, Rock Island, IL 61201 since 09 November 2015. This property was built in 1966. 2832 5th St is a home located in Rock Island County with nearby schools including Frances Willard Elementary School, Edison Jr High School, and Rock Island 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.

Nearby Homes