$160,000
$8K PRICE DROP

716 W 3rd St Kewanee, IL 61443

Estimated payment $957/month

Total Views 9,786
7 Beds
-- Bath
4,000 Sq Ft
$40 Price per Sq Ft

Highlights

  • Storage
  • High Speed Internet
  • Level Lot
  • Forced Air Heating System

About This Home

Great cash flow in this triplex with 2 – 2bed, 1 bath units upstairs and 1 very large unit downstairs with 3 bed, 2 bath. Fully rented with strong rental history. New metal roof 2025! Full rehab with new vinyl double hung windows, insulation and siding with full tear-off 2020-2021. New on call electric water heater 2023 with extended warranty on parts and labor. Downstairs Apt: 2,000 sq ft, has had extensive work completed. Carpets in living room, back bedroom and master bedroom 2018. Laminate flooring 2019 in 3rd bedroom and in hallway and mudroom 2022. Luxury vinyl plank in kitchen and laundry 2019. Electric dryer outlet 2024 and laundry room also has gas hookup. Gas water heater. New exterior front porch and stairs 2021. New sliding glass door and front picture window 2021. New exterior main door and storm door 2022. Rent $800. Apt 1: Remodeled 2020. New kitchen includes: Cabinets, sink, windows, luxury vinyl plank flooring, & GFCI protected outlets. New electric service panel, furnace, toilet and interior doors 2020. Plumbed for in unit washer and electric dryer- 2024. Large dining, living and bathroom with laminate flooring in living and dining room. New gas furnace 2019. Rent - $650. Apt 2: New carpet 2019. New vinyl plank flooring 2024. Large furnace work completed 2020 and upgraded plumbing 2024. New kitchen faucet, toilet, electric service panel and electric wiring 2019. Kitchen exhaust fan 2021. Rent -$600. Owner is licensed real estate agent in Illinois.

Last Listed By

Sal Valdez

Ruhl&Ruhl REALTORS Moline Brokerage Phone: 563-441-1776 License #475.201285/S70784000 Listed on: 04/16/2025

Ruhl&Ruhl REALTORS Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $757

Year Built

  • Built in 1907

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 56 x 145
  • Level Lot

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 7 Bedrooms
  • 4,000 Sq Ft Home
  • Storage
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 10 Parking Spaces
  • Alley Access
  • On-Street Parking

Schools

  • Irving Elementary School
  • Central Middle School
  • Kewanee High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • Burlington View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-32-234-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$757

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1907
  • New Construction: No
  • Structure Type: Apartment Building
  • PricePerSqFt: 40
  • Attribution Contact: Customer: 563-441-1776
  • Special Features: None

Interior Features

  • Appliances: Tankless Water Heater
  • Basement: Full, Unfinished
  • Total Bedrooms: 7
  • Interior Amenities: Storage, Cable Available, High Speed Internet

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Alley Paved, Paved
  • Construction Type: Vinyl Siding
  • Foundation Details: Brick/Mortar
  • Roof: Metal
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, Guest, On Street, Other
  • Total Parking Spaces: 10

Utilities

  • Heating: Forced Air, Natural Gas, Gas Water Heater, Window Unit(s)
  • Water Sewer Expenses: 1663
  • Laundry Features: Private, Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 3
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 3
  • NumberOfElectricMeters: 3
  • NumberofWaterMeters: 1
  • NumberOfRanges: 2
  • NumberofRefrigerators: 3
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 1

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Irving
  • High School: Kewanee
  • Middle Or Junior School: Central

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size: 56 x 145
  • Parcel #: 20-32-234-017

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 757.38
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24600
  • Annual Operating Expense: 4566

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $757 $6,832 $917 $5,915
2022 $700 $6,216 $834 $5,382
2021 $669 $5,755 $772 $4,983
2020 $658 $5,628 $755 $4,873
2019 $669 $5,873 $788 $5,085
2018 $691 $6,017 $807 $5,210
2017 $680 $5,940 $797 $5,143
2016 $2,052 $17,935 $805 $17,130
2015 $1,505 $17,636 $792 $16,844
2013 $1,505 $18,086 $812 $17,274
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2025 05/17/25 Price Changed $160,000 -3.0% $40 / Sq Ft
05/05/2025 05/05/25 Price Changed $165,000 -1.8% $41 / Sq Ft
04/16/2025 04/16/25 For Sale $168,000 -- $42 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $17,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $57,000 New Conventional
Closed $21,000 New Conventional
Previous Owner $35,000 New Conventional
Source: Public Records

Source: RMLS Alliance

MLS Number: QC4262286

RMLS Alliance

APN: 20-32-234-017