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6-Unit Apartment Building
For Sale
$329,000

2006 7th Street, East Moline, IL 61244

Remodeled apartment property with secure entry, basement laundry, and storage areas.

Property SizeContact for details
Days on Market359

Property Features for 2006 7th Street

General Information

Standard status Active
Property subtype Multi Family 5+ / Multi Family 5+
Net Operating Income $42,946

Units

Unit Mix 2 x studio, 4 x 1BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $2,142

Amenities

coin-operated laundry
common area with storage units
secure entry

Building Details

Year Built 1940
Year Renovated 2019
Buildings 1
Listing Agency: RE/MAX Concepts Bettendorf
Listed By: Paul-Richard Pierre
Source: Compass
Added: Sep 6, 2025 Changed: Aug 30 Last Checked: Aug 30 at 6:39AM

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 RE/MAX Concepts Bettendorf

Investment Insights

Based on property information with market context.

This six-unit apartment building combines a two-studio and four one-bedroom, one-bathroom unit mix with extensive 2019 remodeling. Improvements included tiled bathrooms with updated fixtures, plumbing, and electrical work; refreshed kitchens with new cabinets, counters, full-sized appliances, and flooring; steel entry doors; and replacement of interior plumbing supply lines. The building also received new electric meters, an exterior commercial meter pack, and an additional water heater.

A secure-entry system serves the building, while basement amenities include coin-operated laundry and a common area with storage units. The parking lot was resurfaced, and a buried gutter drain was installed to direct roof water toward the hillside. Built in 1940, the property is located at 2006 7th Street in East Moline, Illinois.

Key Highlights

  • Six‑unit apartment building with 2 studios and 4 one‑bedroom, one‑bathroom units
  • Remodeled in 2019 with updated kitchens, bathrooms, flooring, plumbing, and electrical systems
  • Secure‑entry building with steel entry doors

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office (Bike/Boat/Book/etc) Store Daycare Center Storage Facility

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Remodeled apartment property with secure entry, basement laundry, and storage areas.
Where is this apartment building located?
The property is located at 2006 7th Street East Moline, IL.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Six‑unit apartment building with 2 studios and 4 one‑bedroom, one‑bathroom units; Remodeled in 2019 with updated kitchens, bathrooms, flooring, plumbing, and electrical systems; Secure‑entry building with steel entry doors
More about this property
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