Property Description
Welcome to this property located in Moline, IL. this home is offered at $2,250,000.
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.
Climate control includes central air cooling.
The property sits on a 80.00 X 150.00 lot. The home has membrane roofing.
Utilities include municipal water water.
Located in McDonough County.
Annual property taxes are $97,563.
- Principal and Interest
- Property Tax
- HOA fee
