Moline, IL 61265
$999,000
Mark Quesada
Broker / Owner
LIC #475144827
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.
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$7,373/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by Shawn Stuenkel, Hawkeye Commercial Real Estate
MLS# MRD12614551 · Active
History reflects records reported to the MLS and may be incomplete.