NOT LISTED FOR SALE

4401 27th St Moline, IL 61265

Prospect Park Neighborhood

Estimated Value: $4,290,134

Studio
-- Bath
52,463 Sq Ft
$82/Sq Ft Est. Value

Sale Details

Date Sold: June 21, 2022

Last sale price $950,000 $18 Per Sq Ft

Est. 352% increase in value since last sale

Current estimated payment $25,893 / mo

749 Days on Market

About This Home

As of June 2022

$10.00/SF NNN Lease for 52,463 SF Gordmans box at SouthPark Mall. Building also for sale for $1,000,000. Fronts on John Deere Road. Call Listing Agent for more details.

Last Agent to Sell the Property

David Gellerman

Hawkeye Commercial Real Estate License #B41332000/471.018117 Listed on: 02/20/2020

Co-Listed By

Jim Tansey

Hawkeye Commercial Real Estate License #B44393000/471.017923

Last Buyer's Agent

Non-Member Non-Member

Non-Member

Property Details

Property Type

  • Other

Year Built

  • Built in 1974

Lot Details

  • 67.7

Utilities

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

Listing and Financial Details

  • Tenant pays for all, real estate taxes, insurance, internal maintenance, janitorial, gas, electric, heating, cooling, water/sewer

Property Details

Property Type

Other

Year Built

Built in 1974

Lot Details

67.7 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1974
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring, Tile/Vinyl
  • Other Access: None
  • Total Building Sq Ft: 52463
  • Estimated Lot Sq Ft: 2949663

Exterior Features

  • Exterior Finish: Other Exterior Finish
  • Frontage Access: Paved 6Lane, Inside Lot, State Road
  • Insulation: Roof, Side Walls
  • Roof Construction: Comp Roll
  • Wall Construction: Frame

Garage/Parking

  • Numberparking Spaces Allocated: 156

Utilities

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

Lot Info

  • Estimated Number of Acres: 67.7
  • Zoning: B-4
  • Geo Subdivision: IL
  • Property Use: Other Property Use, Regional Center/Mall

Rental Info

  • Lease Dollar Sq Ft: 10
  • Lease Type: Gross
  • Owner Pays: N/A
  • Sale Lease Includes: Building, Land
  • Tenant Pays: All, Real Estate Taxes, Insurance, Internal Maintenance, Janitorial, Gas, Electric, Heating, Cooling, Water/Sewer
  • Terms Lease: Other Term/Lease

Tax Info

  • Annual Taxes: 1077315.24
  • Parcel Id Number Tax Id: 0714989
  • Tax Incentive: In City Limit
  • Tax Year: 2018

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
Bought by
Current Estimated Value
$4,290,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Outstanding Balance
$2,709,294
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$1,580,840

Purchase Details

Listed on
Feb 20, 2020
Closed on
Jun 16, 2022
Sold by
Bought by
Seller's Agent
David Gellerman
Hawkeye Commercial Real Estate
Buyer's Agent
Non-Member Non-Member
Non-Member
Sold Price
$950,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.91%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$4,310 None Listed On Document
$950,000 Commonwealth Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $950,000 0.0% $18 / Sq Ft
03/10/2022 03/10/22 Pending -- -- --
12/05/2021 12/05/21 Off Market $950,000 -- --
02/16/2021 02/16/21 Price Changed $1,000,000 +5.3% $19 / Sq Ft
01/14/2021 01/14/21 For Sale -- -- --
12/05/2020 12/05/20 Off Market $950,000 -- --
02/20/2020 02/20/20 For Sale $524,630 -- $10 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $32,642 $378,373 $184,040 $194,333
2024 $32,642 $358,307 $174,280 $184,027
2023 $31,248 $329,933 $160,479 $169,454
Source: Public Records

Agents Affiliated with this Home

  • David Gellerman

    Seller's Agent in 2022

    David Gellerman

    Hawkeye Commercial Real Estate

    (319) 645-0087

    5 in this area

    92 Total Sales

    David Gellerman
    Section Image
  • Jim Tansey

    Seller Co-Listing Agent in 2022

    Jim Tansey

    Hawkeye Commercial Real Estate

    (319) 645-0088

    4 in this area

    53 Total Sales

    Jim Tansey
    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member

    Non-Member

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMAQC7041986

RMLS Alliance

APN: 17-16-111-001

Illinois Rock Island County Moline 61265 Prospect Park

4401 27th St, Moline, IL

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RMLS Alliance 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.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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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