1215 15th St Moline, IL 61265
Uptown Moline NeighborhoodEstimated payment $10,067/month
About This Home
This turn key, cash flowing investment opportunity in the heart of Moline, the Wellington Apartments consists of 30 apartment units. This building has a fantastic blend of different sized apartments, consisting of (9) efficiencies, (10) one-bedroom units, (8) two-bedroom units, (2) three-bedroom units, and (1) four-bedroom unit. Local, professional management team can be kept in place or transitioned out at the time of sale.
Listing Agent
Shannon Lough
Milltown Realty, LLC License #475.154024/B63405000 Listed on: 11/13/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,972
Year Built
- Built in 1927
Lot Details
- Lot Dimensions are 171'x204'x111'x115'x61'x9
- Property fronts an alley
Home Design
- 31,248 Sq Ft Home
- Brick Exterior Construction
- Block Foundation
Utilities
- Window Unit Cooling System
- Separate Meters
Community Details
Overview
- 30 Units
Building Details
- Electric Expense $8,080
- Fuel Expense $8,080
- Maintenance Expense $90,824
- Trash Expense $2,865
- Water Sewer Expense $17,371
- Operating Expense $168,475
- Gross Income $251,300
- Net Operating Income $64,853
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $17,972 | $203,697 | $31,899 | $171,798 |
| 2023 | $17,972 | $194,739 | $30,496 | $164,243 |
| 2022 | $17,719 | $194,739 | $30,496 | $164,243 |
| 2021 | $17,659 | $185,997 | $29,127 | $156,870 |
| 2020 | $17,746 | $184,887 | $28,953 | $155,934 |
| 2019 | $17,445 | $180,553 | $28,274 | $152,279 |
| 2018 | $17,042 | $178,427 | $27,939 | $150,488 |
| 2017 | $16,665 | $174,757 | $27,364 | $147,393 |
| 2016 | $16,469 | $171,836 | $26,907 | $144,929 |
| 2015 | $16,121 | $168,302 | $26,354 | $141,948 |
| 2014 | $3,927 | $171,299 | $26,823 | $144,476 |
| 2013 | $3,927 | $171,299 | $26,823 | $144,476 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/13/2025 11/13/25 | For Sale | $1,650,000 | +58.6% | $53 / Sq Ft | |
| 12/18/2012 12/18/12 | Sold | $1,040,500 | -11.4% | -- | View Prior Sale |
| 07/24/2012 07/24/12 | Pending | -- | -- | -- | |
| 07/19/2012 07/19/12 | For Sale | $1,175,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: QC4269326
APN: 17-05-202-009
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