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Mixed-Use Property with 4 Apartments

1600 5TH Avenue, Moline, IL 61265

For Sale
New
Contact for pricing

A restaurant occupies the ground floor, with a separately accessed office and additional apartment space above.

Property SizeContact for details
Days on Market7

Property Features for 1600 5TH Avenue

General Information

Standard status Active
Property subtype Office, Mixed Use

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Multifamily Units 4
Listing Agency: EXP REALTY, LLC.
Listed By: Stephanie Kauzlarich · License IL S59919000, IL 475.135257
Source: Crexi
Added: Nov 5 Changed: Nov 10 Last Checked: Nov 10 at 2:13PM

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 EXP REALTY, LLC.

Rey
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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 mixed-use property in downtown Moline has four apartments on the second floor, along with additional space that could accommodate 1–2 more units. The ground floor includes a restaurant space; the restaurant business is not part of the sale. Two entrances and addresses serve the commercial area, which may allow it to be divided into two spaces. A south-side office has a separate entrance and address. The property also includes two kitchens and off-street parking.

The building occupies a corner at 16th Street and 5th Avenue, near downtown restaurants, entertainment, hotels, and wedding and event venues.

Key Highlights

  • Four second‑floor apartments, plus space with potential for 1–2 additional units
  • Ground‑floor restaurant space; the operating business is excluded from the sale
  • Two entrances and addresses serve the commercial area

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency HVAC Service Skin Care Clinic Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby

Demographics for 61265, IL

44,342
Population
20,396
Households
2.2
Avg Household Size
40
Median Age
28%
College-Educated
89%
High-School Grad
19.2 sq mi
ZIP Area
2,309
Density / Sq Mi
$63,910
Median Household Income
$38,960
Median Earnings
$890
Median Rent
$142,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A restaurant occupies the ground floor, with a separately accessed office and additional apartment space above.
Where is this mixed-use property located?
The property is located at 1600 5TH Avenue Moline, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Four second‑floor apartments, plus space with potential for 1–2 additional units; Ground‑floor restaurant space; the operating business is excluded from the sale; Two entrances and addresses serve the commercial area
(563) 370-3395 Call to check price and availability
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