Properties

Features
: Central Air
Address Map
US
IL
Rock Island
Moline
61265
5th
1601-1605
Avenue
W91° 30' 20.4''
N41° 30' 37.2''
Take 7th Ave, turn left onto 16th St and proceed to 5th Ave
Moline
Moline
COMMR
Additional Information
9897
Single Phase
Single Phase
8
8
Commercial,Multi-Family
3
Hawkeye Commercial Real Estate
Shawn Stuenkel
Financial
5406.24
Listing Information
Max Gellerman
108240
Hawkeye Commercial Real Estate
1083156
108240
MRED
Listing Information
1082348
108240
Hawkeye Commercial Real Estate
Active
2026-04-25T19:12:17Z
2026-04-15T05:05:37Z
Property Description

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 all units, with internet, gas/electric, water, sewer, and garbage included, simplifying management and enhancing tenant retention. Contact listing agents for showings. 24-hour notice required. Currently priced at an 8.5 cap.

Commercial Sale For Sale

1601-1605 5th Avenue, Moline, Illinois 61265

$999,000
Listing ID#12614551
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12614551
Price : $999,000
Year Built : 1913
Listing Status : Active
Property Sub Type : Mixed Use
Roof
Roof : Membrane
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