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Multi-Unit Retail Shopping Center
For Sale
$900,000
Pending

841 Avenue Of The Cities, East Moline, IL 61244

Shopping center with five units, four currently occupied, and 100 parking spaces available for customers and tenants.

Property Size38,850 SF
Days on Market99

Property Features for 841 Avenue Of The Cities

General Information

Standard status Pending
Size 38,850 SF
Total Parking Spaces 100
Occupancy 80%

Taxes and HOA fees

Annual Taxes $25,196

Building Details

Tenancy Multi
Listing Agency: RE/MAX Concepts Bettendorf
Listed By: Drake Hunter · License #S69173000/47520122
Source: Exprealty
Added: May 18 Changed: Aug 23 Last Checked: Aug 11 at 5:30AM

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 multi-unit retail shopping center offers a total of five units, with four currently occupied. The property is being offered for sale and includes 100 parking spaces.

The center is located on the Avenue and is presented as a storefront-oriented retail investment with on-site customer parking.

With a partially occupied unit mix and shared parking capacity, the property provides a straightforward retail configuration for an owner seeking income from existing tenants.

Key Highlights

  • Shopping center built in 1968 with 5 total units
  • 4 of the 5 units are currently occupied
  • 38850 SF property size

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Skin Care Clinic Gym & Fitness 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

80%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

333
Businesses Nearby
83k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 72% Shops & Services 27% Home Improvements & Furnishings 1%
McDonald's Dining
32,751 visits/mo 0.1 miles
Checkers Dining
9,393 visits/mo 0.3 miles
Burger King Dining
8,076 visits/mo 0.5 miles
Dollar General Shops & Services
6,762 visits/mo 0.2 miles
SUBWAY Dining
5,392 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Ridgewood Shopping Center 669 Avenue of the Cities, East Moline, IL 61244

Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center with five units, four currently occupied, and 100 parking spaces available for customers and tenants.
Where is this shopping center located?
The property is located at 841 Avenue Of The Cities East Moline, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Shopping center built in 1968 with 5 total units; 4 of the 5 units are currently occupied; 38850 SF property size
More about this property
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