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1445 18th Ave 3,132 SF 100% Leased Retail Building East Moline, IL 61244 $160,000 ($51.09/SF)


Investment Highlights
- Prominent hard-corner location along State Route 92 in East Moline.
- Below-grade storage offers additional operational flexibility.
- Attached service garage supports contractor and service-oriented operations.
- Commercial space may be available for future owner occupancy.
Executive Summary
This mixed-use investment and owner-user opportunity is positioned on a prominent commercial hard corner along State Route 92 (18th Avenue) at 15th Street in East Moline. The property offers a combination of commercial functionality and residential income, creating flexibility for business operators, investors, and entrepreneurs seeking a highly visible location with an established presence along a heavily traveled corridor.
The commercial portion includes approximately 2,100 square feet configured with a large display area that supports customer interaction, product presentation, and brand exposure. An attached service garage expands operational capabilities and provides additional utility for contractors, service providers, automotive-related businesses, and a variety of retail-oriented users. Below-grade storage adds practical space for inventory, equipment, or business support functions.
A residential component of approximately 1,032 square feet features a two-bedroom apartment that currently generates month-to-month rental income. This additional revenue stream can help offset ownership expenses while providing flexibility for future leasing strategies. The commercial space is presently occupied by a family member who is expected to vacate, creating a potential opportunity for owner occupancy or repositioning at market rental rates.
Located in the heart of East Moline, the property benefits from corner visibility, convenient access, and exposure to daily traffic along a primary commercial route. The combination of commercial space, service garage functionality, storage capacity, and residential income creates a versatile asset suitable for a range of business and investment objectives.
The commercial portion includes approximately 2,100 square feet configured with a large display area that supports customer interaction, product presentation, and brand exposure. An attached service garage expands operational capabilities and provides additional utility for contractors, service providers, automotive-related businesses, and a variety of retail-oriented users. Below-grade storage adds practical space for inventory, equipment, or business support functions.
A residential component of approximately 1,032 square feet features a two-bedroom apartment that currently generates month-to-month rental income. This additional revenue stream can help offset ownership expenses while providing flexibility for future leasing strategies. The commercial space is presently occupied by a family member who is expected to vacate, creating a potential opportunity for owner occupancy or repositioning at market rental rates.
Located in the heart of East Moline, the property benefits from corner visibility, convenient access, and exposure to daily traffic along a primary commercial route. The combination of commercial space, service garage functionality, storage capacity, and residential income creates a versatile asset suitable for a range of business and investment objectives.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,132 SF
Building Class
C
Year Built
1920
Price
$160,000
Price Per SF
$51.09
Percent Leased
100%
Building Height
1 Story
Building FAR
0.28
Lot Size
0.26 AC
Zoning
EM
Frontage
31’ on 18th Avenue
Somewhat walkable
30/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 09-30-318-031 | Improvements Assessment | $20,196 |
| Land Assessment | $2,462 | Total Assessment | $22,658 |
Property Taxes
Parcel Number
09-30-318-031
Land Assessment
$2,462
Improvements Assessment
$20,196
Total Assessment
$22,658
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1445 18th Ave
