821 18Th Avenue Ct Moline, IL 61265
- Office Properties & Spaces
Current Use by Public Records
- Office Properties & Spaces
Property Details for 821 18Th Avenue Ct
- Property type
- Office Properties & Spaces
- Property subtype
- Land
Description
This exceptional commercial property, located at 821 & 823 18th Avenue in Moline, Illinois's historic Olde Towne District, presents a unique investment opportunity. The property consists of two main floor storefronts and a second-floor apartment, all situated on a single lot. One storefront at 821 18th Avenue is currently vacant, previously operating as a beauty shop with a rental history of $500 plus utilities. The adjacent storefront at 823 18th Avenue is currently leased on a month-to-month basis for $475 plus utilities. Adding to the income stream, a second-floor apartment is also rented month-to-month for $500 plus utilities. The property's location within the vibrant Olde Towne District offers high visibility and access to a thriving community. The asking price for this income-generating property is $129,900. This presents a chance to acquire a well-situated commercial property with immediate rental income and potential for future growth. The property's zip code is 61265, and its precise coordinates are latitude 41.495133 and longitude -90.5255577. This is a rare opportunity to own a piece of Moline's rich history and capitalize on its ongoing revitalization. Serious inquiries are encouraged.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moline
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.5256
- Latitude
- 41.4951