Second-Story Office
For Sale
Contact for pricing
1033 7th Street #200, East Moline, IL 61244
An approximately 8,000-square-foot layout combines open work areas with private rooms and a conference or training room.
Property Size8,000 SF
Price / SF$0.00
Days on Market31
Property Features for 1033 7th Street #200
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Commercial
Additional Details
Floor
2
Property Use
Office
Listing Agency:
Mel Foster Co. Commercial
(563) 324-4488
Listed By:
Thad Denhartog
(563) 650-8676
Source:
Helenoliveri
Added: Sep 30
Changed: Oct 28
Last Checked: Oct 28 at 2:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mel Foster Co. Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This second-floor office unit at 1033 7th Street, Suite 200, contains approximately 8,000 square feet. Its configuration includes open work areas, private offices, workspace, and a room suited to meetings or training.
The property is in East Moline, with access to the broader Quad Cities market.
The property is in East Moline, with access to the broader Quad Cities market.
Key Highlights
- Approximately 8,000 square feet of second‑story office space
- Includes open areas, private offices, workspace, and a conference or training room
- Located at 1033 7th Street, Suite 200, in East Moline
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$67,392
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,347,840
$1.3M
Cap Rate 7%
$962,743
$962.7K
Cap Rate 9%
$748,800
$748.8K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$115.2K $14.40/SF
− Vacancy
−$25.3K −$3.17/SF
EGI
$89.9K $11.23/SF
− OpEx
−$22.5K −$2.81/SF
NOI
$67.4K $8.42/SF
Area
Rock Island County, IL
Vacancy
22.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,347,840
Cap Rate 7%
$962,743
Cap Rate 9%
$748,800
Alternative Uses
Best Use
Office B
$962.7K
$842.4K – $1.12M
NOI $67,392 @ 7.0% cap · market cap 962,742.86%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.36M
$1.19M – $1.59M
NOI $95,371 @ 7.0% cap · market cap 1,362,442.86%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Explore this area
Business Placement
Demographics for 61244, IL
24,004
Population
10,135
Households
2.4
Avg Household Size
41
Median Age
21%
College-Educated
87%
High-School Grad
26.9 sq mi
ZIP Area
892
Density / Sq Mi
$66,827
Median Household Income
$39,823
Median Earnings
$828
Median Rent
$140,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - An approximately 8,000-square-foot layout combines open work areas with private rooms and a conference or training room.
Where is this office unit located?
The property is located at 1033 7th Street #200 East Moline, IL.
What are key features of this property?
This property features: Approximately 8,000 square feet of second‑story office space; Includes open areas, private offices, workspace, and a conference or training room; Located at 1033 7th Street, Suite 200, in East Moline
