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2702 117TH Avenue West Milan ,
Illinois IL 61264 Status Pending
SqFt
5,184
Acres
1.080
County Rock Island
Subdivision Ridgewood Ledge
Year Built 1968
Property Type Residential Income
Property Sub Type Residential Income
Description
Great 6 plex investment opportunity. Tenants pay all utilities and except water property is common well and septic. Ranch one level units. Units 5 (lower) 2 bedrooms Rent $500. Unit 6 (Lower) 2 Bedroom Rent $500. Potential for increased rents. Coin Operated laundry for additional income. Package Pricing available see 1124 SW 4th ST, Milan (8-Plex) and 1727 9th Ave, Moline (8-Plex) ...Agent is 1/3 owner of ILLOWA Funding LLC
Property Type
Residential Income
Property Sub Type
Residential Income
Parking Features
Carport, Guest Parking
Parking Total
10
Lot Size Dimensions
197x113x155x152x118x126
Lot Features
Level, Sloped, Wooded
County
Rock Island
Subdivision
Ridgewood Ledge
Year Built
1968
Basement
Concrete, Finished, Full, Walk-Out Access
Heating
Forced Air, Gas, Gas Water Heater
Interior Or Room Features
Cable Available, High Speed Internet
Laundry Features
Common Area
Number Of Units Total
6
Structure Type
One Story
Roof
Shingle
Water Source
Septic System, Shared Well
Road Surface Type
Paved
Number Of Electric Meters
7
Number Of Gas Meters
7
Number Of Heating Units
6
Number Of Water Heaters
6
Manager On Site
no
Directions
Ridgewood Rd, 117th Ave W. Property on the right
Elementary School
Taylor Ridge
Middle Or Junior School
Rockridge
High School
Rockridge
100 Year Plain
No
MLS Area Minor
QCARA Area
Gross Income
41442
Gross Scheduled Income
40740
Miscellaneous Annual Income
702
Net Operating Income
29422
Tax Annual Amount
6130.64
Tax Year
2020
Operating Expense
5889
Electric Expense
294
Gas Expense
294
Insurance Expense
3818
Water Sewer Expense
1483
Current Financing
Cash Only, Conventional
Disclosed Short Sale
N
Buyer Agency Compensation
2.4
Dual Variable Compensation
no
Documents Available
Legal Description
Documents Count
1
© Copyright 2023 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than WHY USA Schramm and Associates are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The offer is made only to Participants of the MLS where the listing is filed
The RMLS data on this page was last updated on Saturday, February 4th, 2023.
Listed by: Quad Cities Iowa Realty - Moline Offic: 309-277-9701
© Copyright 2023 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than WHY USA Schramm and Associates are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.
