NOT LISTED FOR SALE

824 23rd St Rock Island, IL 61201

Broadway Neighborhood

Estimated Value: $164,000 - $226,000

-- Bed
-- Bath
3,369 Sq Ft
$55/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $155,000 $46 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,431/month

7 Days on Market

Highlights

  • 6 Car Detached Garage
  • Level Lot
  • Wood Siding
  • Baseboard Heating

About This Home

As of May 2023

This property is a real stand out architecturally. Standing proud on a large lot sits this 4 plex with 3 car garage. Each unit is a 1 bedroom complete with stove and refrigerator. Tenants pay electricity only. Owner pays Gas and Water. Coin operated laundry located in the basement for additional income. 3 car garage currently being used by the property owners. Opportunity for future rent increases with garage parking offered to tenants!

Last Agent to Sell the Property

Scott Egger

Ruhl&Ruhl REALTORS Moline License #475.135231/S55828000 Listed on: 04/10/2023

Ruhl&Ruhl REALTORS Moline

Last Buyer's Agent

Chad Tiecke

Ruhl&Ruhl REALTORS Moline License #S67837000/475.195863

Ruhl&Ruhl REALTORS Moline

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1909

Lot Details

  • Lot Dimensions are 93x138
  • Level Lot

Home Design

  • Stone Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,369 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 6 Car Detached Garage
  • Parking Pad

Schools

  • Rock Island Academy Elementary School
  • Washington Middle School
  • Rock Island High School

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • George Mixters Subdivision
  • Trash Expense $396

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 07-35-434-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,600

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1909
  • New Construction: No
  • Structure Type: Two or More Story, Quadruplex
  • PricePerSqFt: 46.01
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Construction Type: Wood Siding
  • Foundation Details: Stone
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached, Parking Pad
  • Total Parking Spaces: 6

Utilities

  • Heating: Baseboard, Gas, Hot Water
  • Water Sewer Expenses: 1884
  • Laundry Features: Common Area, Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 3048
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 1
  • NumberOfElectricMeters: 4
  • NumberofWaterMeters: 1
  • NumberOfRanges: 4
  • NumberofRefrigerators: 4
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Fee Information

  • Trash Expense: 396
  • AdvertisingExpense: 0

Schools

  • Elementary School: Rock Island Academy
  • High School: Rock Island
  • Middle Or Junior School: Washington

Lot Info

  • Lot Size: 93X138
  • Parcel #: 07-35-434-008

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Variable

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4600
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 28600
  • Annual Operating Expense: 8382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2023
Closed on
May 25, 2023
Sold by
Young Sandra J
Bought by
Timber & Tank Holdings Llc
Seller's Agent
Scott Egger
Ruhl&Ruhl REALTORS Moline
Buyer's Agent
Chad Tiecke
Ruhl&Ruhl REALTORS Moline
List Price
$160,000
Sold Price
$155,000
Premium/Discount to List
-$5,000
-3.12%
Views
40
Current Estimated Value
$186,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,627
Avg. Annual Appreciation
8.60%
Original Mortgage
$155,000
Outstanding Balance
$94,176
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$93,067
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
Timber & Tank Holdings Llc $155,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timber & Tank Holdings Llc $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $155,000 -3.1% $46 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/10/2023 04/10/23 For Sale $160,000 -- $47 / 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 $5,243 $51,394 $5,248 $46,146
2023 $5,243 $49,040 $5,008 $44,032
2022 $4,645 $44,773 $4,702 $40,071
2021 $4,600 $42,968 $4,512 $38,456
2020 $4,540 $41,920 $4,402 $37,518
2019 $4,536 $41,920 $4,402 $37,518
2018 $4,373 $41,184 $4,402 $36,782
2017 $4,235 $40,575 $4,337 $36,238
2016 $4,084 $39,779 $4,252 $35,527
2015 $3,916 $37,705 $4,030 $33,675
2014 $704 $31,918 $3,984 $27,934
2013 $704 $31,918 $3,984 $27,934
Source: Public Records

Agents Affiliated with this Home

  • Scott Egger

    Seller's Agent in 2023

    Scott Egger

    Ruhl&Ruhl REALTORS Moline

    (309) 235-1000

    3 in this area

    66 Total Sales

    Scott Egger
    Section Image
  • Chad Tiecke

    Buyer's Agent in 2023

    Chad Tiecke

    Ruhl&Ruhl REALTORS Moline

    (563) 554-9354

    3 in this area

    19 Total Sales

    Chad Tiecke
    Section Image
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Map

Source: RMLS Alliance

MLS Number: QC4241780

RMLS Alliance

APN: 07-35-434-008

Illinois Rock Island County Rock Island 61201 Broadway

824 23rd St, Rock Island, IL

This home is located at 824 23rd St, Rock Island, IL 61201 since 10 April 2023 and is currently estimated at $186,627, approximately $55 per square foot. This property was built in 1909. 824 23rd St is a home located in Rock Island County with nearby schools including Rock Island Academy, Washington Junior High School, and Rock Island 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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