$360,000
SOLD APR 14, 2025

4319 26th Ave Moline, IL 61265

-- Bed
-- Bath
3,096 Sq Ft
0.3 Acres

Recently Sold

$116 Per Sq Ft

9 Days on Market

Highlights

  • Guest Parking
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of April 2025

Excellent 4-Plex Investment Opportunity in Moline, IL - Strong Cap Rate & Prime Location! Discover this turnkey 4-plex in Moline, Illinois, offering a healthy cap rate and low-maintenance updates, making it an ideal addition to your investment portfolio. Convenient Location - Situated in a desirable area with easy access to shopping, dining, and major roadways, ensuring strong rental demand. Property Features: Unit Mix: (2) spacious 2-bed, 1-bath units & (2) 2-bed, 2-bath units with individual meters and tenants pay their own utilities Attached 1-car garages for each unit - a rare and valuable feature for tenants Recent Updates: Brand new siding and roof for enhanced curb appeal & durability. Most windows in building have been replaced as well Interior Upgrades: New flooring in living rooms and bedrooms for a modern feel This well-maintained income-producing property is an excellent opportunity for both new and experienced investors. With strong rental potential and minimal capital expenditures needed, this 4-plex offers stability and profitability in a growing rental market! Don't miss out on this investment gem! Contact us today for a private showing.

Last Agent to Sell the Property

Stephanie Kauzlarich

eXp Realty License #S59919000/475.135257 Listed on: 02/24/2025

eXp Realty

Last Buyer's Agent

Brittney Stone

Prestige Realty QC License #475.210064/S72432000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,237

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 172x76x173x75
  • Level Lot

Parking

  • Guest Parking

Home Design

  • Vinyl Siding

Schools

  • Jane Addams Elementary School
  • Wilson Middle School
  • Moline High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Quad Manor Condominium Subdivision

Building Details

  • Insurance Expense $2,707
  • Gross Income $53,400
  • Net Operating Income $40,456

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,237

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: Quad Manor Condominium
  • Year Built: 1973
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Unit 1 Quad Manor Condominium
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: Water Heater-Gas

Exterior Features

  • Construction Materials: Vinyl Siding
  • Lot Features: Level

Garage/Parking

  • Parking Features: Guest

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Jane Addams
  • High School: Moline
  • Middle/Junior School: Wilson

Lot Info

  • Lot Dimensions: 172x76x173x75

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: 40456
  • Insurance Expense: 2707
  • GrossIncome: 53400

Tax Info

  • Tax Annual Amount: 9237.36
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Apr 14, 2025
Sold by
Yash Properties Llc
Bought by
Stone Larry and Stone Piper
Seller's Agent
Stephanie Kauzlarich
eXp Realty
Buyer's Agent
Brittney Stone
Prestige Realty QC
List Price
$360,000
Sold Price
$360,000
Views
20
Current Estimated Value
$240,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$119,800
Avg. Annual Appreciation
-38.95%
Original Mortgage
$270,000
Outstanding Balance
$268,909
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
-$28,709
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $360,000 Gomez Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2025 04/14/25 Sold $360,000 0.0% $116 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $360,000 +548.6% $116 / Sq Ft
05/03/2012 05/03/12 Sold $55,500 -20.6% $18 / Sq Ft View Prior Sale
04/19/2012 04/19/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $69,900 -- $23 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,379 $27,277 $4,530 $22,747
2023 $2,379 $25,117 $4,171 $20,946
2022 $2,164 $24,105 $4,003 $20,102
2021 $2,156 $23,045 $3,827 $19,218
2020 $2,145 $22,660 $3,763 $18,897
2019 $2,126 $22,303 $3,704 $18,599
2018 $2,071 $21,967 $3,648 $18,319
2017 $2,037 $21,622 $3,591 $18,031
2016 $1,985 $20,952 $3,480 $17,472
2015 $1,940 $20,477 $3,401 $17,076
2014 -- $20,682 $3,435 $17,247
2013 -- $20,682 $3,435 $17,247
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4260683

Midwest Real Estate Data (MRED)

APN: 17-03-425-001