$1,350,000
$300K PRICE DROP

Estimated payment $11,536/month

Total Views 1,660
-- Bed
-- Bath
27,840 Sq Ft
$48 Price per Sq Ft

Highlights

  • Wood Flooring
  • Central Air
  • 5-minute walk to Butterworth Dog Park

About This Home

Prime mixed-use building in Moline featuring a well-established restaurant, Meli's, on the main level with income-producing apartments above. This property offers strong visibility, stable tenancy, and versatile investment potential. Located near downtown with convenient access to major corridors, it's an ideal opportunity for an owner-user or investor seeking both commercial and residential income streams.

Listing Agent

Shawn Langan

NAI Ruhl Commercial Company License #S62759000/475.162291 Listed on: 09/05/2025

NAI Ruhl Commercial Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $54,547

Year Built

  • Built in 1919

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 27,840 Sq Ft Home
  • Wood Flooring

Additional Features

  • 7,840 Sq Ft Lot
  • Central Air

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$54,547

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1919
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Wood
  • OwnerPays: None
  • Possible Use: Multi-Family, Other

Exterior Features

  • Construction Materials: Brick, Frame
  • Frontage Type: City Street

Utilities

  • Cooling: Central Air
  • Water Source: Municipal Water

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840
  • Zoning: Comm
  • Property Offered: For Sale Only

Rental Info

  • Tenant Pays: None
  • Board Number: 30

Building Info

  • BuildingAreaTotal: 27840

Multi Family

  • NumberOfUnitsTotal: 1

Tax Info

  • Tax Annual Amount: 54547

Map

Range of Values:

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $54,547 $563,869 $18,674 $545,195
2023 $54,547 $539,072 $17,853 $521,219
2022 $50,099 $539,072 $17,853 $521,219
2021 $51,625 $514,873 $17,052 $497,821
2020 $53,637 $511,802 $16,950 $494,852
2019 $51,042 $499,807 $16,553 $483,254
2018 $51,042 $493,929 $16,357 $477,572
2017 $50,270 $483,770 $16,021 $467,749
2016 $49,546 $475,683 $15,753 $459,930
2015 $48,629 $465,899 $15,429 $450,470
2014 $1,461 $58,980 $15,704 $43,276
2013 $1,461 $58,980 $15,704 $43,276
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2025 09/05/25 For Sale $1,650,000 0.0% $59 / Sq Ft
12/17/2020 12/17/20 Rented $135,000 0.0% --
11/05/2020 11/05/20 Under Contract -- -- --
09/15/2020 09/15/20 For Rent $135,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4267404

Midwest Real Estate Data (MRED)

APN: 08-32-409-003