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Property profile & analytics
OFF-MARKET
Office Spaces

821 18Th Avenue Ct Moline, IL 61265

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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