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Property profile & analytics
OFF-MARKET
Commercial real estate

1546 12Th Ave Moline, IL 61265

2,370 SF Built 1898
Property ID
US28-1643476
Property summary
AI-generated overview

This exceptional investment opportunity presents a four-unit apartment building located at 1546 12TH Avenue, Moline, Illinois, 61265. The property, built in 1898, boasts a total of 2,370 square feet spread across two stories. Currently, all four units are occupied, generating immediate income for the new owner. Each unit is a one-bedroom apartment. The property includes convenient on-site common laundry facilities for residents. Significant updates have been made, including a substantial upgrade to the electrical service (300 amp service), HVAC systems, and plumbing. Ample parking is available with eight spaces provided for residents and guests. The property's APN is 17-05-206-004. This turnkey property is offered at an asking price of $280,000 and represents a strong value in the Moline, Illinois market. The property is situated in Rock Island County and presents a rare opportunity to acquire a well-maintained, income-producing multifamily asset with significant recent improvements. This is an ideal investment for those seeking immediate cash flow and long-term appreciation potential.

Property profile
Verified
Property type Commercial real estate
Year built 1898
Total area 2,370 SF
APN 17-05-206-004
UPID US28-1643476
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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