242 46th ST, Moline, IL 61265
242 46th ST, Moline, IL 61265
242 46th ST, Moline, IL 61265
242 46th ST, Moline, IL 61265
242 46th ST, Moline, IL 61265
242 46th ST, Moline, IL 61265
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$ 849,000
Est. payment | /mo

9,600 SqFt


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$ 849,000
Est. payment | /mo
Save

9,600 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 9,600 sqft

Price per Sqft $88

MLS Listing ID 12654741

Year Built 1944

Annual Tax Amount $9,971

Tax Year 2025

Lot Size 1.870 Acres

Lot Dimensions 175 x 448

Property Sub-Type Multi Family 5+

Property Description

Incredible investment opportunity in Moline! This expansive multi-family property features a solid rental history with long-term tenants already in place, situated on a generous 1.81-acre parcel with ample land offering excellent future development potential. Offering a park-like setting with optimal off-street carport parking, this unique 25-unit apartment community features highly efficient studio layouts. Units include a private entrance, full kitchen setup, and a rental structure historically built around an all-utilities-included format for low vacancy rates. Perfectly positioned just off Avenue of the Cities, this property offers incredible proximity to local dining, shopping centers, public transit, and major Quad Cities routes. Sold as-is, Buyers and/or buyers agents to verify all facts, details, features and measurements of the property. DO NOT DISTURB TENANTS. 24hour notice required.

Location

State IL

County Rock Island

Area Moline

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Wood

Midwest Real Estate Data (MRED) IDX
Listed by Bryce Bowers of  Epique Realty Inc 
Kathryn (Kathy) Jensen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 757-8864

kjensen@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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242 46th ST