NOT LISTED FOR SALE

3125 1st Ave E Milan, IL 61264

Estimated Value: $831,631

Studio
-- Bath
-- Sq Ft
6.9 Acres

Last Sold May 21, 2019

Last sale price $600,000

Est. 39% increase in value since last sale

Current estimated payment $5,155/month

About This Home

As of December 2022

COMP PURPOSES ONLY

Last Agent to Rent the Property

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 12/30/2022

Mel Foster Co. Commercial

Last Renter's Agent

Thad DenHartog

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 12/30/2022

Mel Foster Co. Commercial

Property Details

Property Type

  • Other

Year Built

  • 1976

Lot Details

  • 6.9

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tenant pays for tenant pays
  • The owner pays for owner pays

Property Details

Property Type

Other

Year Built

1976

Lot Details

0

Rental Info

  • Lease Type: Gross
  • Owner Pays: Owner Pays Other
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Tenant Pays Other
  • Terms Lease: 5 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Lvt Date: 12/30/2022
  • Special Features: None
  • Property Sub Type: Other
  • Year Built: 1976

Interior Features

  • Flooring: Other Flooring
  • Total Building Sq Ft: 17780
  • Estimated Lot Sq Ft: 303449

Exterior Features

  • Exterior Finish: Brick, Other Exterior Finish
  • Frontage Access: City Street
  • Insulation: Roof
  • Roof Construction: Other Roof Construction
  • Wall Construction: Other Wall Construction

Utilities

  • Cooling: Other Cooling
  • Heating: Other Heating
  • Water Supply: Municipal/City

Lot Info

  • Estimated Number of Acres: 6.9
  • Zoning: B-4
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 24757
  • Parcel Id Number Tax Id: 1720101001
  • Tax Incentive: None
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
May 17, 2019
Sold by
Black Hawk Freight Services Inc
Bought by
Mogul Holdings Llc
Seller's Agent
Thad DenHartog
Mel Foster Co. Commercial
Buyer's Agent
Thad DenHartog
Mel Foster Co. Commercial
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$831,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,631
Avg. Annual Appreciation
4.99%
Original Mortgage
$480,000
Outstanding Balance
$416,714
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$414,917

Purchase Details

Closed on
Jul 1, 1987
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mogul Holdings Llc $600,000 Black Hawk Freight Services In
-- $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mogul Holdings Llc $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2022 12/30/22 Rented $288,000 0.0% --
12/30/2022 12/30/22 Under Contract -- -- --
12/30/2022 12/30/22 For Rent $288,000 0.0% --
05/21/2019 05/21/19 Sold $600,000 0.0% -- View Prior Sale
05/21/2019 05/21/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $600,000 -- --
Source: RMLS Alliance

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 $27,862 $308,849 $111,675 $197,174
2023 $27,862 $288,644 $104,369 $184,275
2022 $25,042 $266,276 $96,281 $169,995
2021 $24,757 $252,155 $91,175 $160,980
2020 $24,253 $245,766 $88,865 $156,901
2019 $24,413 $243,333 $87,985 $155,348
2018 $29,226 $296,030 $86,942 $209,088
2017 $26,972 $290,510 $85,321 $205,189
2016 $26,321 $289,065 $84,897 $204,168
2015 $26,215 $287,541 $84,449 $203,092
2014 $5,439 $253,026 $82,631 $170,395
2013 $5,439 $253,026 $82,631 $170,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4239553

RMLS Alliance

APN: 17-20-101-001