1601-1605 5th Avenue
Moline, IL 61265

$999,000

9,897
Square Feet

Three-story mixed-use investment opportunity located in the heart of downtown Moline. The property offers a balanced income stream with two commercial units, including one 1,500 SF vacancy alongside one stabilized tenant. The second and third floors comprise six fully leased residential units, renovated in 2019-2020, delivering stable, diversified cash flow. Significant capital improvements have been completed, including new furnaces, roof, tuckpointing, windows, and doors-positioning the asset as a well-maintained, low-deferred-maintenance investment. Tenants benefit from basement storage and the convenience of full-service leases on...read more

Property Highlights

Cooling
Central Air
Stories
3.0 Stories
Taxes
$5,406 Taxes
Year Built
Built in 1913

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1601-1605 5th AvenueMoline, IL 61265