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1317 5TH Avenue

Moline, IL 61265
  • $2,600,000
  • STATUS: Active
  • ON SITE: 104 Days
  • ID#: QC4248268
UPDATED: 46 min ago
$2,600,000
  • 0
    BEDS
  • 0.79
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1915
County:
Area:

School Ratings & Info

Description

Prime investment opportunity in Downtown Moline, IL. This meticulously renovated and maintained 30-unit property features 27 large modern apartments and 3 commercial spaces. This property is ideal for investors seeking income diversity. Construction was completed in 2014 that was a complete build out including a new roof, windows, plumbing, electrical, flooring, appliances, cabinets, baths, laundry, elevator, sprinkler system, etc.

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© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-03-02T17:45:10.067.
www.brysonsmithteam.com/homes/145368174
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1317 5TH Avenue Moline, IL 61265

  • Price: $2,600,000
  • Status: Active
  • On Site: 104 Days
  • Updated: 46 min ago
  • ID#: QC4248268
0
Beds
0
Baths
0
½ Baths
0.79
Acres
1915
Built
Neighborhood:
Qcara Area
County:
Rock Island
Area:
Qcara Area
Property Description
Prime investment opportunity in Downtown Moline, IL. This meticulously renovated and maintained 30-unit property features 27 large modern apartments and 3 commercial spaces. This property is ideal for investors seeking income diversity. Construction was completed in 2014 that was a complete build out including a new roof, windows, plumbing, electrical, flooring, appliances, cabinets, baths, laundry, elevator, sprinkler system, etc.
Exterior Features

Construction Materials BrickFrame Roof FlatMembrane

Interior Features

Building Area Total 34560 Common Laundry YN Yes Cooling Central AirIndividual Units Flooring CarpetTile/Vinyl Handicap Modified Unknown Heating ElectricForced AirIndividual Unit Individual Laundry YN No

Property Features

100 Year Flood Plain No Agent Owned No Building Name Berglund Flats Disclosed Short Sale No Financing Cash OnlyConventional Foreclosure YN No Frontage Type City Street Irregular Lot YN No Lease Type Gross Levels Four Lot Size Dimensions 79x153x80x153 Net Operating Income -89610 Owner Pays Common Area MaintenanceCommon Area MaintenanceInsuranceInterior MaintenanceJanitorial ServiceManagementTaxesRoof MaintenanceLawncareStructural MaintenanceTrash CollectionWater Possible Use Multi-Family Security System YN No Sewer Public Sewer Sprinkler YN Yes Tax Annual Amount 89610.16 Tax Incentive1 Unknown Tax Year 2022 Tenant Pays CoolingElectricityGasHeat Type Commercial Underground Storage Tank YN No Water Source Municipal/City Zoning Commercial

Listing provided courtesy of George Karfis of Realty One Group Opening Doors: Cell: 563-370-0002.
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-03-02T17:45:10.067.
 
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Bryson Smith Team | Keller Williams Premier Realty
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Peoria IL, 61616