NOT LISTED FOR SALE

312 3rd St W Milan, IL 61264

Estimated Value: $102,189

-- Bed
-- Bath
-- Sq Ft
8,712 Sq Ft Lot

Last Sold May 24, 2022

Last sale price $85,000

Est. 20% increase in value since last sale

Current estimated payment $646/month

679 Days on Market

About This Home

As of May 2022

Great location for office/dental use. Set up for sole Practitioner with 3 opperatories, lab, nice waiting area, data storage, and parking on street with space for 5 cars. Also can park in rear off alley. Across from Vibrant office. Many businesses.

Last Agent to Sell the Property

John Corelis

NAI Ruhl Commercial Company License #B03856000/475.061719 Listed on: 06/17/2020

NAI Ruhl Commercial Company

Last Buyer's Agent

Ted Leuck

Ruhl&Ruhl REALTORS Moline License #475.167507/S66673000

Ruhl&Ruhl REALTORS Moline

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,476

Lot Details

  • 8,712

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for tenant pays
  • The owner pays for structural maintenance, roof

Property Details

Property Type

Other

Est. Annual Taxes

$3,476

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 06/19/2020
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted
  • Min Ceiling Ht Feet: 9
  • Total Building Sq Ft: 1393
  • Estimated Lot Sq Ft: .20 acres

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street
  • Insulation: Unknown
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 5

Utilities

  • Cooling: Office Only
  • Heating: Forced Air
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 0.2
  • Zoning: Commercial
  • Geo Subdivision: IL
  • Lot Size Remarks: Has alley access
  • Property Use: Office Building

Rental Info

  • Owner Pays: Structural Maintenance, Roof
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Tenant Pays Other
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 3476.08
  • Parcel Id Number Tax Id: 16-23-218-010
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2020
Closed on
May 24, 2022
Sold by
John Gnatovich Revocable Trust
Bought by
Lmj Capital Llc
Seller's Agent
John Corelis
NAI Ruhl Commercial Company
Buyer's Agent
Ted Leuck
Ruhl&Ruhl REALTORS Moline
List Price
$114,500
Sold Price
$85,000
Premium/Discount to List
-$29,500
-25.76%
Current Estimated Value
$102,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,189
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Jun 7, 2021
Sold by
John Gnatovich
Bought by
John Gnatovich Revocable Trust

Purchase Details

Closed on
May 7, 2021
Sold by
John Gnatovich
Bought by
John Gnatovich Revocable Trust

Purchase Details

Closed on
Feb 26, 2019
Sold by
Schmidt John K and Schmidt Barbara A
Bought by
Gnatovich John

Purchase Details

Closed on
May 1, 1988
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
Lmj Capital Llc $85,000 Pepping Balk Kincaid & Olson L
John Gnatovich Revocable Trust -- Pepping Jerry J
John Gnatovich Revocable Trust -- Pepping Jerry J
Gnatovich John $98,000 --
-- $40,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2022 05/24/22 Sold $85,000 -25.8% --
04/27/2022 04/27/22 Pending -- -- --
06/28/2021 06/28/21 For Sale $114,500 0.0% --
06/28/2021 06/28/21 Price Changed $114,500 +34.7% --
06/17/2021 06/17/21 Off Market $85,000 -- --
06/17/2020 06/17/20 For Sale $149,000 -- --
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 $3,958 $42,947 $13,706 $29,241
2023 $3,958 $40,137 $12,809 $27,328
2022 $3,561 $37,026 $11,816 $25,210
2021 $3,538 $35,062 $11,189 $23,873
2020 $3,466 $34,173 $10,905 $23,268
2019 $3,380 $33,835 $10,797 $23,038
2018 $3,380 $33,434 $10,669 $22,765
2017 $3,086 $32,811 $10,470 $22,341
2016 $3,013 $32,648 $10,418 $22,230
2015 $3,020 $32,476 $10,363 $22,113
2014 $679 $31,777 $10,140 $21,637
2013 $679 $31,777 $10,140 $21,637
Source: Public Records

Agents Affiliated with this Home

  • John Corelis

    Seller's Agent in 2022

    John Corelis

    NAI Ruhl Commercial Company

    (563) 823-5105

    1 in this area

    11 Total Sales

    John Corelis
    Section Image
  • Ted Leuck

    Buyer's Agent in 2022

    Ted Leuck

    Ruhl&Ruhl REALTORS Moline

    (309) 738-8750

    1 in this area

    170 Total Sales

    Ted Leuck
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4212532

RMLS Alliance

APN: 16-23-218-010

Illinois Rock Island County Milan 61264

312 3rd St W, Milan, IL

This home is located at 312 3rd St W, Milan, IL 61264 since 17 June 2020 and is currently estimated at $102,189. 312 3rd St W is a home located in Rock Island County with nearby schools including Ridgewood 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.

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