NOT LISTED FOR SALE

Estimated Value: $120,688

-- Bed
-- Bath
1,008 Sq Ft
$120/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $47,288 $47 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $962/month

282 Days on Market

About This Home

As of November 2022

Free standing 1,008 SF turn-key bar/restaurant located near historic Rock Island neighborhood. Strong local following. Property was fully remodeled in 2021 including new Roof, new HVAC (5 Ton) new electric, new plumbing, and new restrooms. Sale includes all FF&E including pizza oven with 4 stone deck, 2 new reach in bar coolers, 1 kegerator with 6 taps, 2 commercial fridges, 1 Reach in freezer, 1 prep cooler, 3 well sink, small grease tap located in kitchen, 1 65-inch TV, 2 50-inch TV. Property is for sale or lease. Lease is 1,500 Monthly/ Tenant responsible for insurance, real estate taxes, trash, water/sewer, snow/lawn, electric, gas, janitorial.

Last Agent to Sell the Property

Shawn Langan

NAI Ruhl Commercial Company License #S62759000/475.162291 Listed on: 01/17/2022

NAI Ruhl Commercial Company

Co-Listed By

Pete Hadjis

NAI Ruhl Commercial Company License #S67761000/475.188914

Last Buyer's Agent

Jake Eikenberry

NAI Ruhl Commercial Company License #S69739000/ 475199521

NAI Ruhl Commercial Company

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,047

Year Built

  • Built in 1926

Lot Details

  • 5,663

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all

Property Details

Property Type

Other

Est. Annual Taxes

$2,047

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Bar/Tavern, Restaurant
  • Lvt Date: 01/21/2022
  • Year Built: 1926
  • Bar: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Total Building Sq Ft: 1008

Exterior Features

  • Exterior Finish: Brick, Stone
  • Frontage Access: City Street
  • Insulation: Partial
  • Roof Construction: Comp Shingle, Flat
  • Wall Construction: Brick, Masonry

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Supply: Municipal/City

Lot Info

  • Zoning: C
  • Geo Subdivision: IL

Rental Info

  • Monthly Lease Rate: 1500
  • Lease Type: Net
  • Owner Pays: None
  • Sale Lease Includes: Building
  • Tenant Pays: All
  • Terms Lease: 5 Years

Tax Info

  • Annual Taxes: 2047
  • Parcel Id Number Tax Id: 17-06-113-014
  • Tax Incentive: None
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2025
Sold by
Mitch & Mark Llc
Bought by
Kbal Llc
Total Days on Market
282
Current Estimated Value
$120,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$80,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$44,214

Purchase Details

Listed on
May 28, 2020
Closed on
Aug 7, 2020
Sold by
Andrew Bollaert Mark
Bought by
Mitch & Mark Llc
Seller's Agent
Alix Holliday
Hawkeye Commercial Real Estate
Buyer's Agent
Alix Holliday
Hawkeye Commercial Real Estate
List Price
$105,000
Sold Price
$94,000
Premium/Discount to List
-$11,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$70,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 29, 2020
Sold by
Lacub85 Llc
Bought by
Bollaert Mark Andrew and Kadriu Medzit
Seller's Agent
Alix Holliday
Hawkeye Commercial Real Estate
Buyer's Agent
Alix Holliday
Hawkeye Commercial Real Estate
List Price
$105,000
Sold Price
$94,000
Premium/Discount to List
-$11,000
-10.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2019
Sold by
Brian Mccreight and Brian Mindy L
Bought by
Lacub85 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Kbal Llc $170,000 None Listed On Document
Mitch & Mark Llc -- Bozeman Neighbour Patton & Noe
Bollaert Mark Andrew $94,000 Mason And Scott Pc
Lacub85 Llc $76,000 --
Mccreight Brian $115,000 Lane & Waterman Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kbal Llc $80,000
Previous Owner Bollaert Mark Andrew $70,500
Previous Owner Lacub85 Llc $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2022 11/04/22 Sold $47,288 -73.6% $47 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/19/2022 10/19/22 For Sale $179,400 0.0% $178 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
05/27/2022 05/27/22 Price Changed $179,400 -8.0% $178 / Sq Ft
01/17/2022 01/17/22 For Sale $195,000 +107.4% $193 / Sq Ft
08/07/2020 08/07/20 Sold $94,000 -10.5% $93 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $105,000 -- $104 / Sq Ft
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
2023 $3,420 $31,985 $2,533 $29,452
2022 $2,094 $20,187 $2,349 $17,838
2021 $2,074 $19,373 $2,254 $17,119
2020 $2,047 $18,900 $2,199 $16,701
2019 $1,968 $18,900 $2,199 $16,701
2018 $1,968 $18,530 $2,156 $16,374
2017 $1,905 $18,256 $2,124 $16,132
2016 $1,838 $17,898 $2,082 $15,816
2015 $1,762 $16,964 $1,973 $14,991
2014 $262 $17,058 $1,984 $15,074
2013 $262 $17,058 $1,984 $15,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC4229783

RMLS Alliance

APN: 17-06-113-014