1546 12Th Ave Moline, IL 61265
- Commercial real estate
- 2,370 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1546 12Th Ave
- Year built
- 1898
- Property size
- 2,370 SF
- Property type
- Commercial real estate
- APN
- 17-05-206-004
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moline
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.5135628
- Latitude
- 41.5001761