BEDS0
BATHS
SQUARE FEET45,816
MLS#12588187
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
Prime investment opportunity in the heart of Downtown Moline. This 45,816 SF mixed-use building offers 27 updated residential units (a mix of 1BR and 2BR) and 3 ground-floor commercial spaces, including long-term anchor tenant Tony's Pizza. With six vacant residential units, there's immediate upside for value-add investors. Originally built in 1915, the property blends historic character with modern updates like central air, elevator access, and solid brick construction. Priced under $55/SF, this asset offers strong potential for cash flow growth in a highly walkable location near employers, transit, and the riverfront.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 0.28 Acres
Roof Type: Membrane
Stories: 4.0
Taxes: $97,565
Year Built: 1915
Feature Descriptions
Exterior: Brick, Frame
Frontage Type: Other, City Street
Lot Dimensions: 80.00 X 150.00
Parcel#: 0832322010
Potential Use: Multi-Family, Other
Units: 27
Listed By / Shown By
Listed By
Agency Name: NAI Ruhl Commercial Company
Agency Phone: 563-355-4000
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 13,794.19 per month $5,007.52 Principal & Interest $8,130.42 Property Tax $656.25 Homeowner's InsuranceChange Payment Information
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1317 5th Avenue | MLS# 12588187
This multi-family property located at 1317 5th Avenue , Moline, IL 61265 is currently listed for sale with an asking price of $2,250,000. Search Moline real estate on www.bhhscrosby.com today.