$155,000
SOLD APR 11, 2025

448 W 3rd Ave Woodhull, IL 61490

5 Beds
-- Bath
2,250 Sq Ft
0.61 Acres

Recently Sold

$69 Per Sq Ft

9% Below List Price

310 Days on Market

Highlights

  • Two Heating Systems
  • High Speed Internet
  • Level Lot
  • Multiple cooling system units

About This Home

As of April 2025

Great Investment Opportunity! This big beautiful 4-plex already has 3 tenants currently renting. The new owner will take over the lease and immediately start earning residual income from day 1! This Large home comes with a huge Lot stretching from W 3rd Ave to W 4th Ave. This property is in a great location, within walking distance to restaurants, parks, schools, and more! The town of Woodhull is conveniently located next to I-74. Just 35 mins to the Quad Cities and 21 mins to Galesburg, IL.

Last Agent to Sell the Property

Zach Frick

eXp Realty Brokerage Phone: 309-738-8708 License #475.188866/S71645000 Listed on: 05/13/2024

eXp Realty

Co-Listed By

Starr Fell

eXp Realty Brokerage Phone: 309-738-8708 License #471.017922/B64443000

Last Buyer's Agent

Bradley Hix

CENTURY 21 Tucker Swanson License #475181764

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,132

Year Built

  • Built in 1900

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 183 x 145
  • Level Lot

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5 Bedrooms
  • 2,250 Sq Ft Home
  • Basement Cellar

Parking

  • 4 Parking Spaces
  • On-Street Parking

Schools

  • Alwood Elementary And Middle School
  • Alwood High School

Utilities

  • Multiple cooling system units
  • Two Heating Systems
  • High Speed Internet
  • Cable TV Available

Community Details

  • Village Of Woodhull Subdivision

Listing and Financial Details

  • Tenant pays for trash collection
  • Assessor Parcel Number 22-30-101-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,132

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1900
  • New Construction: No
  • Structure Type: Quadruplex
  • PricePerSqFt: 68.89
  • Attribution Contact: Cell: 309-738-8708
  • Special Features: None

Interior Features

  • Basement: Cellar
  • Total Bedrooms: 5
  • Interior Amenities: Cable Available, High Speed Internet

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 4

Utilities

  • Heating: Heating Systems - 2+, Cooling Systems - 2+
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 4
  • NumberOfHeatingUnits: 4
  • NumberOfCentralAirUnits: 4
  • NumberOfGasMeters: 4
  • NumberOfElectricMeters: 4
  • NumberofWaterMeters: 4

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Alwood
  • High School: Alwood
  • Middle Or Junior School: Alwood

Lot Info

  • Lot Size Acres: 0.61
  • Lot Size: 183 x 145
  • Parcel #: 22-30-101-007

Rental Info

  • Tenant Pays: Trash Collection
  • Lease Term: One Year or Less

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4132.2
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2011
Sold by
Larson Matthew R
Bought by
Qca Holdings Llc Series 1
Current Estimated Value
$161,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,600
Interest Rate
4.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2007
Sold by
Jansen Mark J and Jansen Marianne
Bought by
Larson Matthew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.27%
Mortgage Type
Future Advance Clause Open End Mortgage
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $674,400 Commercial
Open $1,256,000 Commercial
Closed $397,200 Future Advance Clause Open End Mortgage
Closed $97,600 Purchase Money Mortgage
Previous Owner $97,000 Future Advance Clause Open End Mortgage
Previous Owner $25,000 Future Advance Clause Open End Mortgage
Previous Owner $66,400 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2025 04/11/25 Sold $155,000 -8.8% $69 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
05/13/2024 05/13/24 For Sale $170,000 -- $76 / 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
2024 $4,391 $54,250 $7,641 $46,609
2023 $4,132 $50,046 $7,049 $42,997
2022 $3,868 $46,083 $6,491 $39,592
2021 $3,669 $42,669 $6,010 $36,659
2020 $3,579 $41,523 $5,848 $35,675
2019 $3,531 $40,903 $5,761 $35,142
2018 $3,509 $39,711 $5,593 $34,118
2017 $3,650 $38,667 $5,446 $33,221
2016 $3,660 $38,475 $5,419 $33,056
2015 $3,211 $38,475 $5,419 $33,056
2013 $3,211 $32,509 $5,474 $27,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: QC4252583

RMLS Alliance

APN: 22-30-101-007