Seller's Agent in 2025
Alexander Kelly
NAI Ruhl Commercial Company
(309) 236-5489
1 in this area
76 Total Sales
3510 37th Ave Moline, IL 61265
Rockview Estates Neighborhood
--
Bed
--
Bath
1,088
Sq Ft
0.48
Acres
About This Home
As of October 2025Great opportunity to acquire an 8-unit brick building in the desirable Rock View Estates subdivision of Moline. Ideally located in the heart of town with easy access to John Deere Road and I-74, this property offers both strong current income and future upside. Property highlights include 8 spacious units, each approx. 1,088 SF. Floorplans feature 2 bedrooms, 2 baths, and large living rooms. Oversized sliding glass doors open to private porches with fantastic views. Each unit includes a garage stall with hallway storage and common area laundry. All units are fully occupied with long-term tenants and potential for rent increases over time. Excellent condo conversion candidate to align with neighboring buildings. Community designed for 55+ living. Landlord pays water and tenants pay G/E. Recent improvements include a newer roof and blacktop parking lot. This property combines immediate stability with long-term value-add potential-ideal for investors seeking a well-maintained asset in a strong location.
Last Agent to Sell the Property
NAI Ruhl Commercial Company License #475.134777/S60345000 Listed on: 08/27/2025
Last Buyer's Agent
NAI Ruhl Commercial Company License #475.134777/S60345000 Listed on: 08/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,131
Year Built
- Built in 1978
Lot Details
- 0.48 Acre Lot
Home Design
- 1,088 Sq Ft Home
- Brick Exterior Construction
- Block Foundation
Utilities
- Central Air
- Heating System Uses Gas
- Separate Meters
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $1,450
- Fuel Expense $1,450
- Maintenance Expense $6,758
- Trash Expense $950
- Water Sewer Expense $2,300
- Operating Expense $24,847
- Gross Income $88,800
- Net Operating Income $42,822
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 27, 2025
Closed on
Oct 23, 2025
Sold by
Jka Holdings Llc
Bought by
Green Eagle Llc
Seller's Agent
Alexander Kelly
NAI Ruhl Commercial Company
Buyer's Agent
Alexander Kelly
NAI Ruhl Commercial Company
List Price
$720,000
Sold Price
$650,000
Premium/Discount to List
-$70,000
-9.72%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.04%
Original Mortgage
$1,329,284
Outstanding Balance
$1,329,284
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$619,381
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,329,284 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | Sold | $650,000 | -9.7% | $597 / Sq Ft |
| 09/06/2025 09/06/25 | Pending | -- | -- | -- |
| 08/27/2025 08/27/25 | For Sale | $720,000 | -- | $662 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $21,132 | $242,308 | $40,550 | $201,758 |
| 2023 | $21,132 | $223,120 | $37,339 | $185,781 |
| 2022 | $17,880 | $199,188 | $33,334 | $165,854 |
| 2021 | $17,815 | $190,428 | $31,868 | $158,560 |
| 2020 | $17,725 | $187,245 | $31,335 | $155,910 |
| 2019 | $17,571 | $184,297 | $30,842 | $153,455 |
| 2018 | $17,114 | $181,524 | $30,378 | $151,146 |
| 2017 | $16,828 | $178,666 | $29,900 | $148,766 |
| 2016 | $16,402 | $173,126 | $28,973 | $144,153 |
| 2015 | $15,950 | $168,375 | $27,491 | $140,884 |
| 2014 | $3,886 | $170,059 | $27,766 | $142,293 |
| 2013 | $3,886 | $170,059 | $27,766 | $142,293 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Kelly
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: QC4266941
APN: 17-10-324-002
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.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 3524 34th St
- 3715 35th St Unit 4
- 3715 35th St Unit 3
- 3721 35th St Unit 4
- 3705 35th St
- 0 38th Unit RMAQC4269332
- 3302 38th Ave
- 3712 33rd St
- 3604 32nd Ave
- 3407 41st St
- 1004 34th Ave
- 2809 32nd Avenue Dr
- 2610 31st St
- 2608 38th St
- 2575 33rd St
- 2916 44th St
- 3232 26th St
- 4237 26th Ave
- 4315 26th Ave
- 2427 32nd St