NOT LISTED FOR SALE

907 1st Ave Silvis, IL 61282

Studio
-- Bath
2,635 Sq Ft
6,098 Sq Ft Lot

Last Sold October 15, 2013

Last sale price $60,000 $23 Per Sq Ft

About This Home

As of October 2013

Former 2,635 SF Convenient Store available as turnkey opportunity for new owner or qualified tenant (lease rate $1500/mo). All furniture, fixtures, and equipment along with walk-in-cooler, new cash register, pop coolers, food coolers and more. Building has one dock door for deliveries. Located on 1st Avenue, Silvis with additional visibility for large pole sign. Parcel includes 2 lots providing ample parking.

Last Agent to Sell the Property

Mohan Kumar

KW 1Advantage License #475.135279/S61062000 Listed on: 11/15/2013

KW 1Advantage

Last Buyer's Agent

Mohan Kumar

KW 1Advantage License #475.135279/S61062000 Listed on: 11/15/2013

KW 1Advantage

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 1936

Lot Details

  • 6,098

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for real estate taxes, insurance, internal maintenance, common area maintenance, janitorial, trash, snow/lawn, gas, electric, heating, cooling, water/sewer, special assessment

Property Details

Property Type

Other

Est. Annual Taxes

$1,986

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Retail
  • Year Built: 1936
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Tile/Vinyl
  • Min Ceiling Ht Feet: 8
  • Total Building Sq Ft: 2635
  • Estimated Lot Sq Ft: 5964

Exterior Features

  • Exterior Finish: Concrete
  • Frontage Access: City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Flat
  • Wall Construction: Block

Garage/Parking

  • Numberparking Spaces Allocated: 15

Utilities

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

Lot Info

  • Estimated Number of Acres: 0.14
  • Zoning: C-2
  • Geo Subdivision: IL

Rental Info

  • Monthly Lease Rate: 1500
  • Owner Pays: None
  • Sale Lease Includes: Land, Sale/Lease Other
  • Tenant Pays: Real Estate Taxes, Insurance, Internal Maintenance, Common Area Maint, Janitorial, Trash, Snow/Lawn, Gas, Electric, Heating, Cooling, Water/Sewer, Special Assessment
  • Terms Lease: 3 Years, 5 Years

Tax Info

  • Annual Taxes: 1986.04
  • Parcel Id Number Tax Id: 06-2993
  • Tax Incentive: In City Limit
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2017
Sold by
Yousef Harb
Bought by
Small Douglas W and Small Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Small Douglas W $85,000 Lee & Lee Attorneys Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Small Douglas W $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 For Sale $139,900 +133.2% $53 / Sq Ft
10/15/2013 10/15/13 Sold $60,000 -- $23 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
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 $3,144 $33,537 $4,040 $29,497
2023 $3,144 $31,431 $3,786 $27,645
2022 $2,930 $30,575 $3,683 $26,892
2021 $2,870 $29,230 $3,521 $25,709
2020 $2,858 $28,855 $3,476 $25,379
2019 $2,830 $28,331 $3,413 $24,918
2018 $2,208 $22,209 $3,413 $18,796
2017 $2,186 $21,795 $3,349 $18,446
2016 $2,187 $21,686 $3,332 $18,354
2015 $2,183 $21,261 $3,267 $17,994
2014 -- $20,728 $3,185 $17,543
2013 -- $20,728 $3,185 $17,543
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAQC7030439

RMLS Alliance

APN: 09-32-102-004