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Three-Story Mixed-Use Building
For Sale
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4300 12th Ave, Moline, IL 61265

Apartment residences sit above ground-floor commercial space with uncovered parking on both sides of the building.

Property SizeContact for details
Days on Market129

Property Features for 4300 12th Ave

General Information

Standard status Active
Total Parking Spaces 64
Property subtype Retail, Multifamily, Office
Occupancy 100%

Units

Unit Mix 16 x studio, 4 x 1BR/1BA, 4 x 2BR/1BA
Multifamily Units 24

Additional Details

Cap Rate 8.7%

Amenities

coin-operated laundry
private balconies
individual HVAC

Building Details

Buildings 1
Stories 3
Tenancy Multi
Listing Agency: The Hawkeye Group
Listed By: Shawn Stuenkel, CCIM · License #475189483
Source: Crexi
Added: Apr 24 Changed: Aug 29 Last Checked: Aug 29 at 11:06PM

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 The Hawkeye Group

Investment Insights

Based on property information with market context.

This three-level mixed-use property in Moline combines 24 apartments with commercial space on the first floor. The residential component includes 16 studio units on level two, while level three offers four one-bedroom/one-bath apartments and four two-bedroom/one-bath apartments, each with a private balcony. The units are described as well maintained with standard finishes. Cooling is provided by wall-mounted A/C systems, and heating includes two boilers serving designated areas along with individual forced-air HVAC on the third floor. Shared laundry rooms provide coin-operated washers and dryers.

The property includes 64 uncovered parking spaces, with 48 line spaces on the north side and 16 spaces on the south side. The apartments are fully occupied, and a vacant 2,208-square-foot commercial suite on the first floor provides additional leasing space. The building is located at 4300 12th Ave in Moline, Illinois.

Key Highlights

  • 24 apartments with 16 studios, four 1‑bedroom/1‑bath units, and four 2‑bedroom/1‑bath units
  • Three‑story mixed‑use building with commercial space on the main level
  • 64 total parking spaces: 48 line spaces to the North and 16 on the South side

Property Analytics

Current Use

Salon Vale Hair Salon Healing Lotus Acupuncture Medical Clinic James R. Vana, ... Alternative Medicine Practice LM Salon llc Hair Salon Beckman Insurance Insurance Agency

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Electrical Service Kitchen & Bath Showroom

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

24
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

205
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Apartment residences sit above ground-floor commercial space with uncovered parking on both sides of the building.
Where is this mixed-use property located?
The property is located at 4300 12th Ave Moline, IL.
What are key features of this property?
This property features: 24 apartments with 16 studios, four 1‑bedroom/1‑bath units, and four 2‑bedroom/1‑bath units; Three‑story mixed‑use building with commercial space on the main level; 64 total parking spaces: 48 line spaces to the North and 16 on the South side
More about this property
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