NOT LISTED FOR SALE

415 4th St W Milan, IL 61264

-- Bed
-- Bath
-- Sq Ft
1.34 Acres

Last Sold October 31, 2022

Last sale price $395,000

103 Days on Market

About This Home

As of October 2022

4 separate buildings on a 1.34 acre lot centrally located in Milan. 1st - 5,700 SF industrial manufacturing building has a paint booth, 4,000 lb bridge crane, 3 phase electrical, hanging gas heater 124,000 BTU, 6" concrete floor, and 2 OH doors. 2nd - 2400 SF industrial building w/auto repair tenant, radiant heat, 1 OH door. 3rd - 4,000 SF open industrial building with tenant, 1 OH door, 16' ceiling height. 4th - renovated 2,000 SF office building with 7 rooms, (2) 1/2 BA's, cement block & storage. All buildings are currently leased.

Last Agent to Sell the Property

Alexander Kelly

NAI Ruhl Commercial Company License #475.134777/S60345000 Listed on: 06/06/2022

NAI Ruhl Commercial Company

Last Buyer's Agent

Cory Horsman

RE/MAX Concepts Bettendorf License #S66237000/475.186165

RE/MAX Concepts Bettendorf

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,842

Lot Details

  • 1.34

Utilities

  • Forced Air Heating System

Property Details

Property Type

Other

Est. Annual Taxes

$8,842

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Lvt Date: 06/07/2022
  • Three Phase: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Total Building Sq Ft: 14300
  • Estimated Lot Sq Ft: 58370

Exterior Features

  • Exterior Finish: Aluminum, Block
  • Frontage Access: City Street
  • Insulation: Other Insulation
  • Roof Construction: Metal
  • Wall Construction: Block, Steel/ST Fram

Utilities

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

Lot Info

  • Estimated Number of Acres: 1.34
  • Zoning: I
  • Geo Subdivision: IL
  • Irregular Lot: Yes
  • Lot Size Remarks: 4 parcels
  • Property Use: Distribution Warehouse, Flex Space, Manufacturing, Self/Mini-Storage, Freestanding Building, Office Building

Rental Info

  • Owner Pays: N/A
  • Sale Lease Includes: Building, Land
  • Tenant Pays: N/A
  • Terms Lease: N/A

Tax Info

  • Annual Taxes: 8842
  • Parcel Id Number Tax Id: 11980 1192-1
  • Tax Incentive: None
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Oct 13, 2022
Sold by
Hall Charles and Hall Dianne
Bought by
Zealand Property Management Inc
Seller's Agent
Alexander Kelly
NAI Ruhl Commercial Company
Buyer's Agent
Cory Horsman
RE/MAX Concepts Bettendorf
List Price
$435,000
Sold Price
$395,000
Premium/Discount to List
-$40,000
-9.2%
Views
17

Purchase Details

Closed on
Apr 1, 1996
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
Zealand Property Management Inc $395,000 None Listed On Document
-- $40,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2022 10/31/22 Sold $395,000 -9.2% --
09/17/2022 09/17/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $435,000 -- --
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 $6,227 $67,566 $8,697 $58,869
2023 $6,227 $63,146 $8,128 $55,018
2022 $5,602 $58,253 $7,498 $50,755
2021 $5,566 $55,163 $7,100 $48,063
2020 $5,453 $53,765 $6,920 $46,845
2019 $5,318 $53,232 $6,851 $46,381
2018 $5,318 $52,601 $6,770 $45,831
2017 $4,856 $51,620 $6,644 $44,976
2016 $4,740 $51,363 $6,611 $44,752
2015 $4,750 $51,092 $6,576 $44,516
2014 $1,068 $49,992 $6,434 $43,558
2013 $1,068 $49,992 $6,434 $43,558
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4233895

RMLS Alliance

APN: 16-23-402-013