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76-Unit Renovated Apartment Building
For Sale
Contact for pricing
Pending

4000 Archer Dr, East Moline, IL 61244

Substantially updated interiors and exteriors include modern appliances, shared amenities, and individual climate control.

Property SizeContact for details
Days on Market142

Property Features for 4000 Archer Dr

General Information

Standard status Pending
Class Class A
Property subtype Multifamily

Additional Details

Multifamily Units 76

Amenities

laundry center
courtyard
pergola
bark park
Listing Agency: Waller Group Homes
Listed By: Logan Waller · License #TX 0479147
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:16PM

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 Waller Group Homes

Investment Insights

Based on property information with market context.

The Lux Townhomes is a 76-unit apartment property in East Moline that has undergone extensive interior and exterior renovation. Improvements include replacement underground plumbing, windows, doors, HVAC systems, exterior paint, landscaping, security cameras, and signage. Apartment interiors feature updated kitchens and bathrooms, new cabinets, granite or quartz countertops, stainless steel appliances, vinyl plank flooring, ceiling fans, and individual climate control. Select residences include SmartHome features.

On-site amenities include a renovated laundry center, courtyard with pergola, and bark park. The property also includes new stairway carpeting and updated unit fixtures and finishes. East Moline is part of the Quad Cities MSA and is located in Rock Island County along the Mississippi River. Deere & Company’s global headquarters is 3.2 miles from the property, while regional employers include John Deere, Rock Island Arsenal, UnityPoint Health – Trinity, Genesis Health System, and Hy-Vee.

Key Highlights

  • 76‑unit apartment property in East Moline, IL
  • Substantially renovated interiors and exteriors
  • Approximately $1mm invested in underground plumbing replacement and exterior improvements

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply HVAC Service Spa & Massage Center

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

76
Residential units

Location Intelligence

Trade Area within ½ mile

326
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 - Substantially updated interiors and exteriors include modern appliances, shared amenities, and individual climate control.
Where is this apartment building located?
The property is located at 4000 Archer Dr East Moline, IL.
What are key features of this property?
This property features: 76‑unit apartment property in East Moline, IL; Substantially renovated interiors and exteriors; Approximately $1mm invested in underground plumbing replacement and exterior improvements
(214) 818-4109 Call to check price and availability
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