$210,000
PENDING $15K PRICE DROP

1102 15th Ave Unit 1102 1/2, 1104, East Moline, IL 61244

Estimated payment $1,567/month

-- Bed
-- Bath
7,480 Sq Ft
$28 Price per Sq Ft

About This Home

Investment Opportunity!!!! Foundation and electrical repairs complete 2025. Multi family income property with 4 apartments, 1 storage garage, and an separate lot. There are four VERY spacious two bedroom apartment units (2 up, 2 down}, large storage garage rented out separately, and vacant lot. Clean, vinyl flooring, newer carpet, updated kitchen and bathrooms. Perfect investment opportunity. Tenant Occupied. All 4 apartments are currently leased. Can be sold with or without professional property management in place. Requires 24 hour notice, 48 hours notice preferred.

Listing Agent

Katy Gladkin

Milltown Realty, LLC License #S71360000/475.207735 Listed on: 07/26/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,552

Year Built

  • Built in 1940

Home Design

  • 7,480 Sq Ft Home
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Additional Features

  • Lot Dimensions are 40x120
  • Separate Meters

Community Details

Overview

  • 5 Units

Building Details

  • Fuel Expense $437
  • Maintenance Expense $3,446
  • Trash Expense $797
  • Water Sewer Expense $614
  • Operating Expense $15,185
  • Gross Income $37,800
  • Net Operating Income $17,063

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,552

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1940
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Lot 13 Block 174 Town 0 Of East Moline and Lot 12 Block 174 Town 00 Of East Moline Exc E 07015 .2 Ft
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Pending
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: Paved

Utilities

  • Electric: Separate Meters

Fee Information

  • Trash Expense: 797
  • Water Sewer Expenses: 614

Lot Info

  • Lot Dimensions: 40x120
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 7480

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: 17063
  • Fuel Expense: 437
  • GrossIncome: 37800
  • Maintenance Expense: 3446
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 15185

Tax Info

  • Tax Annual Amount: 5552

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 Pending -- -- --
07/26/2025 07/26/25 For Sale $225,000 -- $30 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4265789

Midwest Real Estate Data (MRED)