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Kevin Wagan

kevinwagan@gmail.com +1(630) 518-5042

$ 1,650,000

Est. payment -/mo

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4300 12TH AVE Moline, IL 61265

20,160 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 20,160 sqft

Price per Sqft $81

MLS Listing ID QC4268687

Year Built 1975

Annual Tax Amount $40,856

Lot Size 1.440 Acres

Property Sub-Type Retail/Stores

Property Description

Great investment opportunity! Three-Story mixed-use building with 24 apartment units on the 2nd and 3rd floor and commercial on the main level facing North. There are 16-studio apartments located on the second floor. The third floor contains (4) 1 Bedroom/1 Bath and (4) 2 Bedroom/ 1 Bathroom units with private balconies. All apartments offer standard finishes and are well maintained. Tenant pays for gas and electric. Owner pays taxes, insurance, water, sewer, and garbage. Individual unit wall mounted A/C systems for cooling and 2 boiler systems used to heat Suite 2 on the 1st floor and studio units on the 2nd floor. 3rd floor units have individual forced air HVAC units. Coin operated Washer/dryers offered in two common areas within the building, not in unit. 64 total parking spaces (48 lines spaces to the North and 16 on the South side). No garages, all uncovered parking. Rent roll including rental rates available upon execution of a confidentiality agreement. Financials will not be provided without an offer to purchase on agreed to price and terms. Current list price is based on an 8.7% Cap. Additional rental income potential with vacant suite 1 (2,208 sf) listed at $12.00/sf. See MLS: QC4268473 Contact listing agent for showing details.

Location

State IL

County Rock Island

Area Moline

Zoning O-1

Interior

Cooling Central Air

Flooring Carpet, Concrete, Tile

Fireplace N

Building

Dwelling Type Retail/Stores

Water Municipal Water

Structure Type Brick,Stone,Frame,Vinyl Siding

Listed by Shawn Stuenkel of Hawkeye Commercial Real Estate

SCHOOLSPROPERTIES

Elementary Schools 20

8

Riverdale Heights Elementary

Public | KG - 6
6

Mark Twain Elementary School

Public | PK - 5
6

Neil Armstrong Elementary School

Public | PK - 5
5

Butterworth Elementary School

Public | KG - 5
5

Benjamin Franklin Elementary School

Public | KG - 5
5

Jane Addams Elementary School

Public | KG - 5
5

Hillcrest Elementary School

Public | KG - 4
5

Glenview Middle School

Public | 5 - 8
5

Ridgewood Elementary School

Public | KG - 4
4

Logan Elementary School

Public | KG - 5
4

Roosevelt Elementary School

Public | PK - 5
4

Wells Elementary School

Public | PK - 4
3

George Washington Elementary School

Public | PK - 5
2

Willard Elementary School

Public | KG - 5
0

Seton Catholic School

Private | PK - 8
0

Garfield Elementary School

Public | KG - 5
0

Lourdes Catholic School

Private | PK - 8
0

Rivermont Collegiate

Private | PK - 12
0

Temple Christian Academy

Private | PK - 8
0

Villa Montessori School

Private | PK - 3

Middle Schools 6

4

Woodrow Wilson Middle School

Public | 6 - 8
0

Quad Cities Christian School

Private | 6 - 12
0

Coolidge Rssp

Public | 7 - 8
0

Moline High School at Coolidge Campus

Public | 8 - 12
0

Grace Christian Online Academy

Private | 6 - 12
0

One World School- Llc

Private | 6 - 12

High Schools 2

7

Moline Sr High School

Public | 9 - 12
6

United Township High School

Public | 9 - 12

School and business data provided by Attom Data.

Kevin Wagan

Agent

+1(630) 518-5042

Kevin Wagan

4300 12TH AVE Moline, IL 61265

Key Details

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Building

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4300 12TH AVE