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Listed by Richard Bassford • RE/MAX Concepts Bettendorf
$ 2,500,000
Est. payment /mo
Active
729 11TH Avenue B Court Silvis, IL 61282-1658
7,154 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,154 sqft
Price per Sqft $349
MLS Listing ID QC4267425
Year Built 1977
Annual Tax Amount $52,312
Tax Year 2024
Lot Size 1.220 Acres
Acres 1.22
Lot Dimensions Lengthy
Property Sub-Type Commercial
Source rmlsa
Property Description
Includes: 2424 40th Ave., 3902 25th St., 4002 25th St., 4004 25th St., & 4006 25th St - all in Moline. This rare multi-property offering contains 6 income-producing assets across Silvis & Moline, IL, delivering a total of 42 rental units—including 35 apartments & 7 commercial suites. All 35 apartment units are fully rented, w/ many long-term tenants in place, & 5 of 7 commercial suites are occupied, creating immediate cash flow w/ room for additional upside. Located within seconds of one another, the Moline properties provide operational efficiency, while the Silvis property adds geographic diversification within the QC market. With proven occupancy history, minimal turnover, & well-situated locations, this portfolio offers investors both stability & long-term growth potential!
Location
State IL
County Rock Island
Area Qcara Area
Zoning Residentia
Direction N off Crosstown to 11th Ave B Court
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Other, Tile
Fireplace N
Exterior
View true
Roof Type Composition Shingle
Garage 1
Building
Faces N off Crosstown to 11th Ave B Court
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Stucco
Others
Tax ID 18-06-205-007
Miscellaneous Pets Approved,Pool
