59 36Th Avenue DrMoline, IL 61265

For Sale
$653,000

5 Acres, 174 Units Possible, R-6 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional 5.02-acre development opportunity in Moline, Illinois, is now available for $653,000. This prime parcel, identified as Lot 59 36th Avenue (APN 07-14823), is zoned R-6, permitting multi-family construction. A previous city approval exists for a 174-unit apartment complex on this site, making this a compelling investment prospect. The property boasts convenient access to essential utilities. Its highly desirable location offers proximity to key amenities, including Blackhawk College, Jane Adams School, John Deere Headquarters, Millennium Park, 70th Street, and John Deere Road, serving the Illinois Quad Cities market. This presents a unique chance to capitalize on the strong demand for housing in this thriving area. The expansive lot size provides ample space for a substantial multi-family development, catering to the growing population and robust rental market. Don't miss this chance to acquire a strategically located property with significant development potential.

Property Details for 59 36Th Avenue Dr

Property type
Multifamily properties, Apartment buildings
Lot Size (sq. ft)
218,671 SF
Units
174

Location Insight

City
Moline
County
Rock Island
State
Illinois
Latitude
41.4752737
Longitude
-90.4399362
59 36Th Avenue Dr, Moline, Illinois

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59 36Th Avenue Dr
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