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$495,000   Price Analysis
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4211 US Highway 6
Coal Valley, IL 61240
Unknown bed 5 bath 6,000 SqFt ($82/SqFt)
2.75 acre lot. Built 1979
Listed 2024-04-29, Taxes $8,117
USDA Eligible
near Coal Valley, IL
 Restrictions may apply
due to home size

This cash flow generator has three additional 2 bedroom units that bring in $750 per month.

* Sale Pending *

Schdule showings with listing agent with a 48 hour notice to view tenant occupied units.

Property is agent owned.


Presented by Kyle Robinson at
EXP REATLY, LLC.
Listing Agent Photo

Property MLS #QC4252150 from RMLSAlliance

Storage
Garage Door Opener(s)

Laundry Features: Common Area, Owned Equipment

Full Bathrooms: 5

Heating Features: Electric, Electric Water Heater, Wall Unit(s), Zoned

Fence
Rec Area
Road Surface Type: Paved

Additional Parcels Description: 06-23-101-007
Lot Description: Extra Lot, Level, Sloped
Lot Size Acres: 2.75
Lot Size Dimensions: 465 x 255
Lot Size Square Feet: 119790

Parking Features: Assigned, Detached, Parking Garage
Parking Total: 16

Gross Income: 68040
Gross Scheduled Income: 66240
Lease Term: 1 Year, Month-to-Month, Various Terms
Tenant Pays: Electricity

Number of Units: 7
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 3
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 2
Unit 1 Total Actual Rent: 750
Unit 2 Total Actual Rent: 800
Unit 3 Total Actual Rent: 800
Unit 4 Total Actual Rent: 920

High School: Orion

Orion High School is a public high school located approximately 7 miles away.
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Orion Middle School is a public middle school located approximately 7.2 miles away.
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C R Hanna Elementary School is a public elementary school located approximately 7.3 miles away.
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East Moline Christian School is a private elementary, middle and high school located approximately 4.8 miles away.
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Maintenance Expense: 1200

Annual Tax Amount: 8533.200000000
Source Listing Status: Pending
County: Henry
Directions: East on US Hwy. 6 from Airport to south of Colona, on south side of 6
Tax Year: 2022
Source Property Type: Residential Income
Insurance Expense: 5000
Source Neighborhood: Morwood
Number of Separate Electric Meters: 9
Parcel Number: 06-23-101-006
Subdivision: Morwood
Trash Expense: 720
Zoning: Residential
Property Subtype: Residential Income
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$102,806 + $8,505
$111,311
$8,117
2020$100,544 + $8,318
$108,862
$8,037
2019$102,806 + $8,505
$111,311
$8,188
2018$102,806 + $8,505
$111,311
$8,161
2017$102,806 + $8,505
$111,311
$7,719
2016$97,910 + $8,100
$106,010
$7,981
2015$97,910 + $8,100
$106,010
$8,045
2014$97,910 + $8,100
$106,010
$7,450
2013$97,910 + $8,100
$106,010
$7,509
2012$97,910 + $8,100
$106,010
$7,542
2011$97,910 + $8,100
$106,010
$7,081
2010$97,910 + $8,100
$106,010
$7,081
2006$96,991 + $8,100
$105,091
$6,797
2006$96,991 + $8,100
$105,091
$6,797
2006$96,991 + $8,100
$105,091
$6,797

Listed 2024-04-29
$495,000
RMLSAlliance
Sold 2021-08-23
$146,000
Public Record
Listing removed 2021-08-20
$0
RMLSAlliance
Sold 2014-11-03
$335,000
Public Record

Net Operating Income: 48987
Operating Expense: 10520

Year Built: 1979
Building Area Total: 6000
Construction Materials: Vinyl Siding, Wood Siding
Foundation Details: Concrete
Property Age: 45
Roof: Shingle
Structure Type: Apartment Building
Year Built Source: Public Records

Electric Expense: 1800
Water Sewer Expense: 1800
Water Source: Private Well, Septic System
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.