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425 18th St
Moline, IL 61265
18th & 18th Mixed Use Portfolio · Retail Property For Sale


Investment Highlights
- The Portfolio Features Eight Commercial Storefronts and Six Residential Units Across Three Properties
- Strategically Positioned along Key Corridors in Moline
- Ownership has Completed Updates to Roofing, Mechanical Systems, and Interiors
Executive Summary
Marcus & Millichap is pleased to present the 18th & 18th Mixed-Use Portfolio, a fully occupied, three-property offering located in Moline, IL. The portfolio includes six residential units and eight commercial spaces across 706 18th Ave, 702 18th Ave, and 425 18th St, positioned along key corridors with convenient access to local amenities. The properties feature a mix of residential apartments and street-level commercial storefronts. According to ownership, recent improvements include updates to roofing, mechanical systems, and interior finishes.
Residential units offer a variety of layouts, with select apartments featuring in-unit laundry and central heating and cooling. Commercial units are currently leased, and the properties have experienced historically low vacancy. Parking options include on-site and nearby street parking, enhancing accessibility for both residents and commercial tenants. Based on current occupancy and ongoing operations, this portfolio may appeal to investors seeking stabilized, mixed-use assets in an established Moline location.
Moline is part of the Quad Cities metropolitan area, a regional economic hub with a population exceeding 400,000. The area supports a diverse economy led by manufacturing, logistics, healthcare, and education. Major employers such as John Deere, Genesis Health System, and UnityPoint Health contribute to local employment stability. Strategically located along the Mississippi River, the Quad Cities benefit from strong transportation infrastructure, including interstate highways, air travel, and rail access. These fundamentals support long-term demand for both residential and commercial space throughout the region.
Residential units offer a variety of layouts, with select apartments featuring in-unit laundry and central heating and cooling. Commercial units are currently leased, and the properties have experienced historically low vacancy. Parking options include on-site and nearby street parking, enhancing accessibility for both residents and commercial tenants. Based on current occupancy and ongoing operations, this portfolio may appeal to investors seeking stabilized, mixed-use assets in an established Moline location.
Moline is part of the Quad Cities metropolitan area, a regional economic hub with a population exceeding 400,000. The area supports a diverse economy led by manufacturing, logistics, healthcare, and education. Major employers such as John Deere, Genesis Health System, and UnityPoint Health contribute to local employment stability. Strategically located along the Mississippi River, the Quad Cities benefit from strong transportation infrastructure, including interstate highways, air travel, and rail access. These fundamentals support long-term demand for both residential and commercial space throughout the region.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
18,776 SF
Building Class
C
Year Built
1905
Price
$970,000
Price Per SF
$51.66
Cap Rate
10.01%
NOI
$97,062
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.61
Lot Size
0.27 AC
Zoning
MOL
Parking
10 Spaces (0.53 Spaces per 1,000 SF Leased)
Frontage
134’ on 5th Ave
Property Taxes
| Parcel Number | 08-32-221-005 | Improvements Assessment | $44,396 |
| Land Assessment | $24,287 | Total Assessment | $68,683 |
Property Taxes
Parcel Number
08-32-221-005
Land Assessment
$24,287
Improvements Assessment
$44,396
Total Assessment
$68,683
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