$650,000
$720,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
1,088 SqFt
SOLD DATE : 10/24/2025
Key Details
Sold Price $650,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 1,088 sqft
Price per Sqft $597
Subdivision Rock View Estates
MLS Listing ID QC4266941
Sold Date 10/24/25
Maintenance Fees $6,758
Year Built 1978
Annual Tax Amount $21,131
Tax Year 2024
Lot Size 0.480 Acres
Acres 0.48
Lot Dimensions .48
Property Sub-Type Residential Income
Source rmlsa
Property Description
Great opportunity to acquire an 8-unit brick building in the desirable Rock View Estates subdivision of Moline. Ideally located in the heart of town with easy access to John Deere Road and I-74, this property offers both strong current income and future upside. Property highlights include 8 spacious units, each approx. 1,088 SF. Floorplans feature 2 bedrooms, 2 baths, and large living rooms. Oversized sliding glass doors open to private porches with fantastic views. Each unit includes a garage stall with hallway storage and common area laundry. All units are fully occupied with long-term tenants and potential for rent increases over time. Excellent condo conversion candidate to align with neighboring buildings. Community designed for 55+ living. Landlord pays water and tenants pay G/E. Recent improvements include a newer roof and blacktop parking lot. This property combines immediate stability with long-term value-add potential—ideal for investors seeking a well-maintained asset in a strong location.
Location
State IL
County Rock Island
Area Qcara Area
Direction I-74, E. on John Deere Expressway, N. on 35th to 37th
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Central Air
Fireplace N
Laundry Common Area
Exterior
View true
Roof Type Shingle
Total Parking Spaces 8
Garage 1
Building
Lot Description Corner Lot
Faces I-74, E. on John Deere Expressway, N. on 35th to 37th
Unit Features [{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1398881Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1398881Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1398881Group_3\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"2\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1398881Group_4\"}]
Foundation Block
Water Public
Structure Type Brick
New Construction false
Schools
High Schools Moline
Others
Tax ID 17-10-324-002
Read Less Info
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