RE/MAX Concepts

4555 Utica Ridge Road
Bettendorf, IA 52722

(309) 215-9400

109 5th Avenue, Sherrard, IL 61281

SOLD

5beds4baths
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Investment Opportunity

Property Info
Status:Sold
MLS #:QC4240574
Beds:5
Baths:4 Baths (4 F)
Type:Multi-Family
Size:5,236 ft²
Lot Size:12,610 ft²
Remarks
Don't miss this rare opportunity to own a 4-unit income property in Sherrard. Units 1 & 2 are completed with kitchen appliances and stackable washer/dryer. Unit 3 is completed, and unit 4 just needs doors and floors. The units have never been rented so there are currently no tenants involved. Units 1, 2, and 3 are all 1-bedroom units with an open-concept kitchen and living room. Unit 4 will be a 2 bedroom with 1 bath. HVAC, plumbing and electric work is all new and complete. There are 4 separate gas meters, 4 water heaters, 4 electric meters, and 4 gas furnaces. There is 1 water meter. There are 2 stoves and 2 refrigerators, 2 microwaves plus 1 washer and 1 dryer. This would be an excellent investment opportunity for any buyer. Call for your appointment to see this home today.
General Information
Zoning:
Residential
School District:
Sherrard
APN:
06-06-04-303-019
Annual Property Tax:
$713.32
County:
Mercer
Subdivision:
Coal Valley Mining Co
Building Details
Year Built:
1908
# of Stories:
2
Roof Type:
Shingles
Style:
Four-Plex
Heating/Ventilation:
Forced Air
Air Conditioning:
Central
Sewer:
Public
Water:
Public
Exterior:
Vinyl
Basement:
Partial
Commercial Details
Annual Gross Income:
$31,200
Annual Operating Expense:
$1,070
Annual Net Income:
$29,417
# of Units:
4
Unit Rental Price Range:
$625-$725
Amenities
  • Carpet
  • Central A/C
  • Central Heat
  • Laminate Flooring
  • Lawn
  • Microwave
  • Offstreet Parking
  • Range / Oven
  • Refrigerator
  • Washer/Dryer
  • Sump Pump
  • Handicap Access
Mortgage Calculator
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Rate:
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Down Payment:
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Terms (in Years):
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*Rates for April 2024. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

**Rates calculated from national averages.  To determine rates in your area please contact your local lender.

Local Schools

School NameTypeDistanceGreatSchools Rating
Scribbles Too
504 3rd Street, Sherrard IL 61281
(309) 593-4039
private
0.1 mi
Sherrard Elementary School
209 East 1st Street, Sherrard IL 61281
(309) 593-2917
public
0.2 mi
Map Item 3
Sherrard High School
4701 176th Avenue, Sherrard IL 61281
(309) 593-2175
public
1.8 mi
Map Item 6
Sherrard Jr High School
4701 176th Avenue, Sherrard IL 61281
(309) 593-2135
public
1.8 mi
Map Item 4
Arrowhead Academy
12200 104th Street, Coal Valley IL 61240
(309) 799-7044
private
5.6 mi
Arrowhead Academy - Intensive
12200 104th Street, Coal Valley IL 61240
(309) 799-7044
private
5.6 mi
Matherville Intermediate School
PO Box 639, Matherville IL 61263
(309) 754-8244
public
6.4 mi
Map Item 4
Orion Middle School
PO Box 129, Orion IL 61273
(309) 526-3392
public
7.2 mi
Map Item 8
C R Hanna Elementary School
PO Box 159, Orion IL 61273
(309) 526-3386
public
7.2 mi
Map Item 9
Orion High School
PO Box 39, Orion IL 61273
(309) 526-3361
public
7.7 mi
Map Item 8
Mlk A R T Program
9607 14th Street West, Rock Island IL 61201
(309) 793-5980
public
8.3 mi
Ridgewood Elementary School
9607 14th Street West, Rock Island IL 61201
(309) 793-5980
public
8.3 mi
Map Item 6
Bicentennial Elementary School
1004 1st Street, Coal Valley IL 61240
(309) 743-1614
public
8.7 mi
Map Item 5
Thomas Jefferson Elementary School
1307 4th Street West, Milan IL 61264
(309) 793-5985
public
8.8 mi
Map Item 6
Winola Elementary School
1804 17th Avenue, Viola IL 61486
(309) 596-2114
public
9 mi
Map Item 7
Taylor Ridge Elementary School
13227 Turkey Hollow Road, Taylor Ridge IL 61284
(309) 793-8070
public
9.7 mi
GreatSchools

About Rich Bassford

Hi there, I'm Rich Bassford, your experienced neighborhood real estate expert, and I've got the
inside scoop on turning dreams into reality in the Quad Cities.

With 23 years in the real estate business and a history of success from running an automotive
business, I've become the go-to guy in the Quad City real estate market. Since my second year
in the business, I've consistently hit multi-million-dollar production levels, showcasing the best of
what our wonderful Quad Cities have to offer.

In 2014, after over a decade of success, I opened my own RE/MAX franchise – RE/MAX Elite
Homes in Moline, IL. It was a state-of-the-art building with all the bells and whistles, featuring
offices for over twenty-five agents and a setup for unlimited work-at-home agents. It had a
stunning water wall, a chic conference room, and a cozy cafe area for a shared agent
workspace. In 2016 I expanded with a second office in Davenport, IA, and again in 2017 in
Camanche, IA, bringing RE/MAX to new areas.

As a Moline High School alum, I've earned designations in the Graduate REALTOR® Institute
(GRI) and Council of Residential Specialists (CRS). Customer service is my bread and butter,
and I've built lasting relationships with clients through a combination of integrity, communication,
and knowledge of the market. I'm all about accessibility, with several full-time assistants
ensuring my clients are always taken care of.

For many years I've been the #1 volume-producing RE/MAX REALTOR® in the Quad Cities,
with well over 4000 closed transactions in my career. I'm also a longtime supporter of Children's
Miracle Network, donating a portion of every commission check to the cause. In 2013 I took a
meaningful 1300-mile, 6-day trip on my jet ski to raise over $15,000 for Children’s Miracle
Network.

When I'm not closing deals, I juggle multiple hats – running Bassford Construction LLC, owning
dreamy Airbnb homes in Florida, and enjoying family time with my wife Hillary, our four kids, and
our trusty dog, Stella. There's jet skiing, fishing, traveling, and a bit of pool league action in the
mix too.

My ultimate career goal is to help as many folks as possible achieve their dream of home
ownership. I stand out from others in the field by bringing my integrity, community know-how,
marketing expertise, negotiation skills, and a top-notch professional network to the table. Give
me a call today and let's make your real estate dreams happen!


Past and current #1 volume producing RE/MAX agent in the Quad Cities
2016 Winner of “Broker/Owner of the Year” from the RE/MAX Central Region
2015 Winner of “Broker/Owner of the Year” from the RE/MAX Northern Illinois Region
Over 1,400 transactions closed
Licensed in Illinois since 2000
Licensed in Iowa since 2002
Graduate Realtors Institute (GRI) Accreditation
Certified Residential Specialist (CRS) Accreditation RE/MAX Lifetime Achievement Award winner in 2016
9th Highest Residential Sales RE/MAX Northern Illinois Region 2017
Largest Single Residential Commission RE/MAX Northern Illinois Region 2017
Achieved the 14th place for Real Trends “America’s Best Real Estate Agents” out of over 10,000 agents in 2017
Achieved the 47th place for Real Trends “America’s Best Real Estate Agents” out of over 10,000 agents in 2016
2014 winner of “Trendsetter of the Year” from the RE/MAX Northern Illinois Region
Achieved 201st place across America for Real Trends “The Thousands” out of 1,000 agents in 2014
#1 in RE/MAX Residential Sales Volume in QC 2012-2015
RE/MAX Platinum Club Award in 2008, 2012-2016
RE/MAX Hall of Fame Award winner in 2010
#2 RE/MAX Highest Number of Residential Transactions in Iowa/Nebraska region in 2008
RE/MAX 100% Club 2005-2007, 2009-2011
Executive Club in 2004
Chairman’s Club in 2003, 2017
Honor Club 2001-2002
Presidents Club in 2000
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