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Mixed-Use Property with Apartments
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510-514 16TH Street, Moline, IL 61265

Occupied downtown asset combining commercial tenancy with updated apartment interiors.

Property SizeContact for details
Days on Market143

Property Features for 510-514 16TH Street

General Information

Standard status Active
Property subtype Land
Occupancy 100%

Additional Details

Gross Income $76,800
Multifamily Units 5

Building Details

Tenancy Multi
Listing Agency: The Hawkeye Group
Listed By: Shawn Stuenkel, CCIM · License #475189483
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:33PM

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.

Located in downtown Moline, this mixed-use property includes two commercial tenant spaces and five apartments. All units are currently occupied, providing an operating combination of commercial and residential occupancy.

Apartment improvements include carpet, LVT flooring, appliances, interior painting, and electrical updates. The property is situated at 510-514 16TH Street in Moline, Illinois.

Key Highlights

  • Two commercial tenants and 5 apartments
  • All units currently occupied
  • Apartment updates include carpet, LVT, appliances, painting, and electrical work

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Pharmacy Skin Care Clinic Storage Facility Bakery (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

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

990
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 - Occupied downtown asset combining commercial tenancy with updated apartment interiors.
Where is this mixed-use property located?
The property is located at 510-514 16TH Street Moline, IL.
What are key features of this property?
This property features: Two commercial tenants and 5 apartments; All units currently occupied; Apartment updates include carpet, LVT, appliances, painting, and electrical work
More about this property
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