4307 8th Avenue

Rock Island, IL 61201

$119,500
Price
Beds
2,394 Sq. Ft.
$50 / Sq. Ft.
2,394
Sq. Ft.
$50
per Sq. Ft.

Description

Investment Opportunity in Rock Island. This professionally managed, upper/lower duplex is fully occupied with tenant leases on file. Gross monthly rent $1,790. Security Deposits held by manager. Tenants' rights - 48hr notice required for all showings. Annual expenses are estimated. Gross annual rent based on current tenant leases. Unit photos were taken prior to tenant occupancy. Buyer/Buyer's agent to verify square footage and all property details.Investment Opportunity in Rock Island. This professionally managed, upper/lower duplex is fully occupied with tenant leases on file. Gross monthly rent $1,790. Security Deposits held by manager. Tenants' rights - 48hr notice required for all showings. Annual expenses are estimated. Gross annual rent based on current tenant leases. Unit photos were taken prior to tenant occupancy. Buyer/Buyer's agent to verify square footage and all property details.
  1. Listed by Erika Thomas • Milltown Realty, LLC

Property Details for 4307 8th Avenue

Parking Total
4.0
Subdivision Name
Edgewood Park

Location

Listing Courtesy of Milltown Realty, LLC
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LISTING UPDATED: 06/14/2024 03:01 PM

Property Details for 4307 8th Avenue

StatusActive
MLS #QC4252875
Days on Market26
Taxes$3,156 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1909
Lot Size0.17 AC / 7,384 SF
CountyRock Island County

Location

Listing Courtesy of Milltown Realty, LLC
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Building Information for 4307 8th Avenue

Stories-Residences2Year Built1909Building Size-Lot Size0.17 AC / 7,384 SF

Payment Calculator

$915 per month

30 year fixed, 7.25% Interest

Principal and Interest

$652

Property Taxes

$263

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4307 8th Avenue

Summary
Location and General Information
  • City: Rock Island
  • County Or Parish: Rock Island
  • Directions: 44th Street to 8th Avenue
  • Latitude: 41.503939
  • Longitude: -90.541146
  • MLSArea Minor: QCARA Area
  • Postal Code: 61201
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 08-31-326-006
  • Tax Annual Amount: $3,156
  • Tax Legal Description: Lot 8 Block B Edgewood Park Add
  • Tax Year: 2023
School Information
  • Elementary School: Longfellow
  • High School: Rock Island
  • Middle Or Junior School: Washington
Parking
  • Parking Features: Alley Access, Detached, On Street, Parking Pad
Property
Lot Information
  • Structure Type: Duplex
  • Building Area Total: 2394.0
  • Lot Features: Level
  • Lot Size Dimensions: 52x142
  • Number Of Units Total: 2
  • 100 Year Plain: No
  • Road Surface Type: Alley, Curbs & Gutters
Property and Assessments
  • Documents Available: Tenant Lease(s)
  • New Construction: No
  • Year Built: 1909
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 1
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $970
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Abestos
Interior Features
  • Basement: Full, Unfinished
  • Heating: Hot Water, Radiant, No Cooling, Gas Water Heater
  • Number Of Central Air Units: 0
  • Number Of Dishwashers: 0
  • Number Of Dryers: 0
  • Number Of Heating Units: 1
  • Number Of Ranges: 2
  • Numberof Refrigerators: 2
  • Number Of Washers: 0
  • Number Of Water Heaters: 1
  • Number Of Window Units: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $1,016
  • Gross Income: $21,480
  • Gross Scheduled Income: $21,480
  • Insurance Expense: $940
  • Maintenance Expense: $1,075
  • Manager Expense: $2,148
  • Net Operating Income: $11,159
  • Operating Expense: $7,165
  • Advertising Expense: 0
  • Gas Expense: 1016
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 2
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Lease Term: One Year or Less
  • Tenant Pays: No Utilities

Property History for 4307 8th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4307 8th Avenue

Taxable ValueLand$2,676Additions$25,290Total$27,966
Tax Record2022$2,902 ($242 / month)
Home Facts
Beds0Total Finished SqFt2,394 SqFtAbove Grade Finished SqFt2,394 SqFtStories2StyleSingle Family ResidenceYear Built1909ZoningRICountyROCK ISLANDAPN08-31-326-006

Schools near 4307 8th Avenue

This home is within Rock Island School District 41.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Longfellow Elementary School
PublicPK to 6

Washington Jr High School
Public7 to 8

Rock Island High School
Public9 to 12

Ricms
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4307 8th Avenue is a multi-family home for sale in Rock Island, IL 61201. This property was listed for sale on May 21, 2024 by Milltown Realty, LLC, it's currently listed at $119,500. It has been on the market for a total of 26 days and was last sold on June 1, 2022. This listing's school district is Rock Island School District 41. Nearby schools include Longfellow Elementary School, Washington Jr High School and Rock Island High School. 4307 8th Avenue is a 0-bed, 0-bath, 2,394 sqft multi-family home built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Milltown Realty, LLC

Based on information from one of the following Multiple Listing Services: RMLS Alliance. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by RMLS Alliance is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.