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59 36Th Avenue Ct Moline, IL 61265

Sponsored
For Sale
$653,000

5 Acres, 174 Units Possible, R-6 Zoning

Description

Added:
Dec 11, 2024
Days on Market:
393
Exceptional 5.02-acre development opportunity in Moline, Illinois, is now available for $653,000. This prime parcel, identified as Lot 59 36th Avenue (APN 07-14823), is zoned R-6, permitting multi-family construction. A previous city approval exists for a 174-unit apartment complex on this site, making this a compelling investment prospect. The property boasts convenient access to essential utilities. Its highly desirable location offers proximity to key amenities, including Blackhawk College, Jane Adams School, John Deere Headquarters, Millennium Park, 70th Street, and John Deere Road, serving the Illinois Quad Cities market. This presents a unique chance to capitalize on the strong demand for housing in this thriving area. The expansive lot size provides ample space for a substantial multi-family development, catering to the growing population and robust rental market. Don't miss this chance to acquire a strategically located property with significant development potential.

Property Features for 59 36Th Avenue Ct

General Information

Property type
Multifamily properties
Lot Size
218,671 SF

Building Details

Units
174

Property Profile Location Intelligence

Current Use by Public Records

Small apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Moline
County
Rock Island
State
Illinois
Longitude
-90.4399362
Latitude
41.4752737

FAQs

What type of property is this?
Multifamily property - 5 Acres, 174 Units Possible, R-6 Zoning
Where is this multifamily property located?
The property is located at 59 36Th Avenue Ct Moline, IL.
What is the asking price?
The asking price for this property is $653,000.
More about this property
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