$650,000
$720,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
10,452 SqFt
SOLD DATE : 10/20/2025
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 10,452 sqft
Price per Sqft $62
MLS Listing ID QC4268789
Sold Date 10/20/25
Year Built 1978
Annual Tax Amount $21,131
Tax Year 2024
Lot Size 0.480 Acres
Acres 0.48
Property Sub-Type Commercial
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. 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
Zoning R-4
Direction I-74, E. on John Deere Expressway, N. on 35th to 37th
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Carpet, Tile
Fireplace N
Exterior
View true
Roof Type Composition Shingle
Garage 1
Building
Faces I-74, E. on John Deere Expressway, N. on 35th to 37th
Sewer Public Sewer
Water Municipal/City
Structure Type Brick
Others
Tax ID 17-10-324-002
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