Building Details

Year Built 1948

Listing Agency: Quad Cities Iowa Realty - Moline

Listed By: Eric Ryden · License #471.010835/B42437000 Show Phone

Source: Exitrealty

Added: Jan 31, 2025 Changed: Sep 2 Last Checked: Sep 2 at 7:28PM

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Investment Insights

Based on property information with market context.

This three-unit multifamily property was constructed in 1948 and is offered for sale in its present condition. The seller will not complete repairs requested by a buyer or lender, placing responsibility for any desired work with the purchaser.

Key Highlights

• Three‑unit multifamily property
• Built in 1948
• Sale offered in as‑is condition

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Auto Parts Store Bakery Barber Shop Grocery & Convenience Store 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

3

Residential units

Location Intelligence

Trade Area within ½ mile

64

Businesses Nearby

Explore this area Business Placement

Demographics for 61232, IL

1,335

Population

700

Households

1.9

Avg Household Size

44

Median Age

15%

College-Educated

96%

High-School Grad

3.2 sq mi

ZIP Area

417

Density / Sq Mi

$71,806

Median Household Income

$45,213

Median Earnings

$925

Median Rent

$174,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this triplexes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Triplex - Income-producing residential building offered in its existing condition without seller-performed repairs.

Where is this triplex located?

The property is located at 221 E 2ND Avenue Andalusia, IL.

What are key features of this property?

This property features: Three‑unit multifamily property; Built in 1948; Sale offered in as‑is condition