NOT LISTED FOR SALE

425 15th St Moline, IL 61265

Downtown Moline Neighborhood
-- Bed
-- Bath
4,800 Sq Ft
4,792 Sq Ft Lot

About This Home

As of October 2018

Great downtown location at the corner of 15th Street and 5th Avenue. Turnkey restaurant/lounge with pricing starting at $12.75/SF for space only, or $14.75/SF to include the FF&E's. Additional storage available in the basement.

Last Agent to Rent the Property

Shawn Langan

NAI Ruhl Commercial Company License #S62759000/475.162291 Listed on: 12/15/2017

NAI Ruhl Commercial Company

Last Renter's Agent

Tony Savala

RE/MAX Concepts Bettendorf License #475.141970/S36309000

RE/MAX Concepts Bettendorf

Property Details

Property Type

  • Other

Year Built

  • Built in 1897

Lot Details

  • 4,792

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for internal maintenance, janitorial, trash, gas, electric
  • The owner pays for real estate taxes, insurance, structural maintenance, common area maintenance, snow/lawn

Property Details

Property Type

Other

Year Built

Built in 1897

Lot Details

0

Rental Info

  • Lease Dollar Sq Ft: 12.75
  • Owner Pays: Real Estate Taxes, Insurance, Structural Maintenance, Common Area Maint, Snow/Lawn
  • Sale Lease Includes: Building, Land
  • Tenant Pays: Internal Maintenance, Janitorial, Trash, Gas, Electric
  • Terms Lease: 3 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1897
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl, Wood
  • Other Access: None
  • Total Building Sq Ft: 9600
  • Estimated Lot Sq Ft: 4900

Exterior Features

  • Exterior Finish: Brick, Glass
  • Frontage Access: Paved 2Lane
  • Insulation: Roof, Side Walls
  • Roof Construction: Flat
  • Wall Construction: Brick, Frame

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.11
  • Zoning: B-2
  • Geo Subdivision: IL
  • Property Use: Other Property Use

Tax Info

  • Annual Taxes: 15736.84
  • Parcel Id Number Tax Id: 08-5527
  • Tax Incentive: None
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
Senne Property Investments Llc Series 4
Bought by
Boston Lofts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$114,312
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2019
Sold by
Parkwild Properties Lc
Bought by
Senne Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Interest Rate
3.9%
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
Boston Lofts Llc $1,600,000 Katz Nowinski Pc
Senne Property Investments Llc $1,400,000 Ward Murray Pace & Johnson Pc
Senne Property Investments Llc $1,400,000 Ward Murray Pace & Johnson Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boston Lofts Llc $160,000
Open Boston Lofts Llc $1,280,000
Previous Owner Senne Property Investments Llc $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Rented $144,000 +135.3% --
09/28/2018 09/28/18 Under Contract -- -- --
12/15/2017 12/15/17 For Rent $61,200 -- --
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 $17,325 $179,095 $7,623 $171,472
2023 $17,325 $171,219 $7,288 $163,931
2022 $15,912 $171,219 $7,288 $163,931
2021 $16,397 $163,533 $6,961 $156,572
2020 $17,036 $162,557 $6,919 $155,638
2019 $16,654 $158,747 $6,757 $151,990
2018 $16,212 $156,880 $6,677 $150,203
2017 $15,966 $153,654 $6,540 $147,114
2016 $15,737 $151,086 $6,431 $144,655
2015 $15,445 $147,979 $6,299 $141,680
2014 $3,731 $150,615 $6,411 $144,204
2013 $3,731 $150,615 $6,411 $144,204
Source: Public Records

Agents Affiliated with this Home

  • Shawn Langan

    Landlord's Agent in 2018

    Shawn Langan

    NAI Ruhl Commercial Company

    (563) 823-5118

    98 Total Sales

    Shawn Langan
    Section Image
  • Tony Savala

    Tenant's Agent in 2018

    Tony Savala

    RE/MAX

    (309) 292-7570

    57 Total Sales

    Tony Savala
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMAQC7038162

RMLS Alliance

APN: 08-32-406-010

Illinois Rock Island County Moline 61265 Downtown Moline

425 15th St, Moline, IL

This home is located at 425 15th St, Moline, IL 61265 since 15 December 2017. This property was built in 1897. 425 15th St is a home located in Rock Island County with nearby schools including Willard Elementary School, John Deere Middle School, and Moline Sr 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.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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