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$ 2,500,000
Est. payment | /mo
7,154 SqFt
$ 2,500,000
Est. payment | /mo
7,154 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 7,154 sqft
Price per Sqft $349
MLS Listing ID QC4267424
Maintenance Fees $3,664
Year Built 1977
Annual Tax Amount $52,312
Tax Year 2025
Lot Size 1.230 Acres
Lot Dimensions Lengthy
Property Sub-Type Multi Family 5+
Property Description
Includes: 2424 40th Ave., 3902 25th St., 4002 25th St.,4004 25th St., & 4006 25th St - all in Moline. This rare multi-property offering contains 6 income-producing assets across Silvis & Moline, IL, delivering a total of 42 rental units-including 35 apartments & 7 commercial suites. All 35 apartment units are fully rented, w/ many long-term tenants in place, & 5 of 7 commercial suites are occupied, creating immediate cash flow w/ room for additional upside. Located within seconds of one another, the Moline properties provide operational efficiency, while the Silvis property adds geographic diversification within the QC market. With proven occupancy history, minimal turnover, & well-situated locations, this portfolio offers investors both stability & long-term growth potential! See docs for add'l property info.
Location
State IL
County Rock Island
Area Silvis
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick,Stucco
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Listed by RE/MAX Concepts Bettendorf
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