1211 16Th AveMoline, IL 61265

For Sale
$549,000

Historic Moline duplex, excellent rental income.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a charming 2-unit duplex located at 1211 & 1213 16TH Avenue in Moline, Illinois, 61265. Built in 1900, this property offers a blend of historical character and strong rental potential. The building is classified as Commercial, Apartment Building, and Duplex/Triplex/Quadruplex, reflecting its versatility and income-generating capabilities. The asking price is $549,000. Situated on a land parcel, this property combines the benefits of land ownership with established rental income. The property's location in Moline, Rock Island County, Illinois provides access to local amenities and a potentially strong rental market. The property's classification as multifamily and office suggests potential for diverse uses and tenant profiles. This is a rare opportunity to acquire a well-located, income-producing property with significant potential for future growth and appreciation. The property's age suggests the possibility of renovation or modernization opportunities to further enhance its value and rental income. This is an ideal investment for those seeking a hands-on approach to property management or a passive income stream. The property's two units offer a manageable size for investors seeking a balanced portfolio. Further due diligence is recommended to fully assess the property's potential.

Highlights

  • $549,000 asking price.
  • Multifamily property (duplex/triplex/quadplex) with two units.
  • Located at 1211 & 1213 16TH Avenue, Moline, IL 61265.
  • Built in 1900, one building on the land.
  • Property includes land, retail, multifamily, and office space.

Property Details for 1211 16Th Ave

Property type
Other retail properties, Multifamily properties
Year Built
1900
Buildings
1
Units
2

Location Insight

City
Moline
County
Rock Island
State
Illinois
Latitude
41.497022
Longitude
-90.519383
1211 16Th Ave, Moline, Illinois

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1211 16Th Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message