18th & 18th Mixed-Use Portfolio 3 Properties Offered at $1,162,000 in Moline, IL
INVESTMENT HIGHLIGHTS
- The Portfolio Features Eight Commercial Storefronts and Six Residential Units Across Three Properties
- Strategically Positioned along Key Corridors in Moline, the Properties Benefit from Strong Local Infrastructure
- Ownership has Completed Updates to Roofing, Mechanical Systems, and Interiors
EXECUTIVE SUMMARY
The Portfolio Features Eight Commercial Storefronts and Six Residential Units Across Three Properties, Offering Balanced Exposure to both Residential and Retail Rental Demand
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
PROPERTY FACTS
| Price | $1,162,000 |
| Price / SF | $51.16 / SF |
| Cap Rate | 8.23% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 22,712 SF |
| Total Land Area | 0.49 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 425 18th St, Moline, IL 61265 | Retail | 16,522 SF | 1905 | - |
| 706 18th Ave, Moline, IL 61265 | Multifamily | 2,000 SF | 1800 | - |
| 702 18th Ave, Moline, IL 61265 | Multifamily | 4,190 SF | 1940 | - |
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