1317 5th Ave Moline, IL 61265
Downtown Moline NeighborhoodEstimated payment $20,319/month
About This Home
Prime investment opportunity in the heart of Downtown Moline. This 45,816 SF mixed-use building offers 27 updated residential units (a mix of 1BR and 2BR) and 3 ground-floor commercial spaces, including long-term anchor tenant Tony's Pizza. With six vacant residential units, there's immediate upside for value-add investors. Originally built in 1915, the property blends historic character with modern updates like central air, elevator access, and solid brick construction. Priced under $55/SF, this asset offers strong potential for cash flow growth in a highly walkable location near employers, transit, and the riverfront.
Listing Agent
NAI Ruhl Commercial Company License #S62759000/475.162291 Listed on: 05/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $97,566
Year Built
- Built in 1915
Lot Details
- 12,000 Sq Ft Lot
- Lot Dimensions are 80.00 x 150.00
Home Design
- Brick Exterior Construction
- Frame Construction
- Membrane Roofing
Interior Spaces
- 45,816 Sq Ft Home
- 4-Story Property
Utilities
- Central Air
Community Details
- 27 Units
- Gross Income $359,134
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $101,767 | $1,008,568 | $28,586 | $979,982 |
| 2023 | $97,566 | $964,214 | $27,329 | $936,885 |
| 2022 | $89,610 | $964,214 | $27,329 | $936,885 |
| 2021 | $92,340 | $920,930 | $26,102 | $894,828 |
| 2020 | $95,938 | $915,437 | $25,946 | $889,491 |
| 2019 | $93,788 | $893,982 | $25,338 | $868,644 |
| 2018 | $91,296 | $883,468 | $25,038 | $858,430 |
| 2017 | $89,915 | $865,297 | $24,523 | $840,774 |
| 2016 | $88,621 | $850,833 | $24,113 | $826,720 |
| 2015 | $86,980 | $833,333 | $23,617 | $809,716 |
| 2014 | -- | $57,505 | $24,038 | $33,467 |
| 2013 | -- | $57,505 | $24,038 | $33,467 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | For Sale | $2,250,000 | 0.0% | $49 / Sq Ft |
| 02/28/2022 02/28/22 | Rented | $19,200 | +1436.0% | -- |
| 01/20/2020 01/20/20 | For Rent | $1,250 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12588187
APN: 08-32-322-010
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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