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Sold on 02/14/2020
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730 2nd Ave E, Milan, IL 61264

$185,000

Last sold 02/14/2020 for $155K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 730 2nd Ave E

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
This multi-family property is located at 730 2nd Ave E, Milan, IL, 61264 in Rock Island County and was built in 1920. It is served by municipal water. The estimated market value is $185,000.
Overview
Heating Forced Air, Natural Gas, No Cooling
Levels/Style Triplex
MLS # QC4260011
Status Active
SubType Residential Income
Property Tax 4774.2
Year Built 1920
Exterior
Roof Shingle
Construction Aluminum Siding
Parking Parking Pad
# of Parking Spaces 3
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision Ralph W Palmer
High School Rock Island
APN 16-24-202-006
Multifamily Details
Total # of Units 3
Net Operating Income 15586
Expense: Water/Sewer 2640
Expense: Operating 4440
Gross Income 24800
Gross Scheduled Income 24300
$185K
Range: $148K-$222K
Last 30 days 
Rental est.: $1,115/month
Gross rent multiplier: 11.6
  • Jun 2025
  • Jun 17, 2025 Delisted
    $167,000
  • Jan 27, 2025 Listed
    $167,000 (+7.7%)
  • Feb 2020
    Public Records
  • Feb 14, 2020 Sold
    $155,000 (+158.3%)
  • Nov 2019
    Public Records
  • Nov 7, 2019 Sold
    $60,000 (+20.0%)
  • Oct 2009
    Public Records
  • Oct 22, 2009 Sold
    $50,000
  • Year Property taxes Tax assessment
  • 2025
    $5,159 +3.0%
    $57,594 +6.0%
  • 2024
    $5,008 +4.9%
    $54,334 +7.0%
  • 2023
    $4,774 +6.0%
    $50,780 +8.4%
  • 2022
    $4,505 +0.6%
    $46,845 +5.6%
  • 2021
    $4,476 +2.1%
    $44,361 +2.6%
  • 2020
    $4,385
    $43,236
  • 730 2nd Ave E
    $155K
  • Qcara Area
    —
  • 61264
    $199K +8% y/y
  • Milan
    $199K +8% y/y
No chart available
Statistics calculated by Movoto

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3/10
Thomas Jefferson Elementary School
public Grades PK, K-6
Rock Island School District 41
2/10
Edison Jr High School
public Grades 7-8
Rock Island School District 41
2/10
Rock Island High School
public Grades 9-12
Rock Island School District 41
Source: GreatSchools.org © 2026. All rights reserved.

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