Student Apartment
For Sale
Contact for pricing
6625 34th Ave, East Moline, IL 61244
42-unit, 120-bed student apartment complex with furnished units and a clubhouse featuring laundry, fitness, and study space.
Property SizeContact for details
Days on Market121
Property Features for 6625 34th Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Furnished
Yes
Multifamily Units
42
Amenities
laundry room
television
couch
bar stools
ping-pong table
fitness center
study room
vending machines
Building Details
Tenancy
Multi
Listing Agency:
SVN | Chicago Commercial
Listed By:
Reid Bennett, CCIM · License #IL 471015237
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 2:34AM
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 SVN | Chicago Commercial
Investment Insights
Based on property information with market context.
The subject is a 120-bed, 42-unit student apartment complex designed for students attending Black Hawk College. The unit mix consists of 24 two-bedroom/two-bath units and 18 four-bedroom/four-bath units, with each bedroom having its own private bath. Units are furnished with bar stools, couches, bed frames, and a desk.
A clubhouse is available for tenant use and includes a large laundry room, television and couch area, bar stools, a ping-pong table, fitness center, study room, and vending machines for snacks.
The property is subject to a ground lease that runs through 2053 and includes two ten-year options. Under the ground lease payment structure, the building owner must provide a scholarship credit for two bedrooms of a four-bedroom unit to a student attending Black Hawk College.
A clubhouse is available for tenant use and includes a large laundry room, television and couch area, bar stools, a ping-pong table, fitness center, study room, and vending machines for snacks.
The property is subject to a ground lease that runs through 2053 and includes two ten-year options. Under the ground lease payment structure, the building owner must provide a scholarship credit for two bedrooms of a four-bedroom unit to a student attending Black Hawk College.
Key Highlights
- 42‑unit, 120‑bed student apartment complex serving students attending Black Hawk College
- Unit mix includes 24 two‑bedroom/two‑bath units and 18 four‑bedroom/four‑bath units
- Each bedroom has its own private bath; all units are furnished with bar stools, couches, bed frames, and a desk
Property Analytics
Property Profile
Current Use
Lease Details
42
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
350
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 42-unit, 120-bed student apartment complex with furnished units and a clubhouse featuring laundry, fitness, and study space.
Where is this apartment building located?
The property is located at 6625 34th Ave East Moline, IL.
What are key features of this property?
This property features: 42‑unit, 120‑bed student apartment complex serving students attending Black Hawk College; Unit mix includes 24 two‑bedroom/two‑bath units and 18 four‑bedroom/four‑bath units; Each bedroom has its own private bath; all units are furnished with bar stools, couches, bed frames, and a desk
