1726 9th Moline, IL 61265
Uptown Moline NeighborhoodEstimated payment $4,155/month
About This Home
Excellent opportunity to acquire a 9-unit mixed-use apartment complex consisting of three connected buildings with separate addresses, offering both residential and commercial income streams. 1726 9th Street includes five residential units, featuring four 1-bedroom/1-bath apartments and one 2-bedroom/1-bath unit. 903 18th Avenue offers three residential units, comprised of two 2-bedroom/1-bath apartments and one 1-bedroom/1-bath unit. 905 18th Avenue features two commercial units, ideal for retail, office, or service-based use. Currently long term tenants with Barber Shop and Electrical Warehouse. The property offers enclosed interior hallways and a common laundry area, enhancing tenant convenience and operational efficiency. Additional income potential is available through a 2-car garage currently suitable for rental. Tenants also enjoy a shared outdoor patio area, adding valuable communal space. Strategically located in Central Moline, this property provides quick access to Downtown Moline, the John Deere Expressway, Rock Island, and Interstate 74, making it attractive to both residential tenants and commercial occupants. With a desirable unit mix, multiple revenue streams, and a central location, this property presents a solid opportunity for investors seeking stable cash flow with long-term upside. Total of 10 units rented out plus 2 car garage. 48 hours required to show we will need to notify all tenants.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 152x51
- Corner Lot
Home Design
- Brick Foundation
- Stone Siding
Interior Spaces
- 100 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Utilities
- Window Unit Cooling System
- Separate Meters
Community Details
- 10 Units
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 | $9,788 | $110,937 | $8,771 | $102,166 |
| 2023 | $9,788 | $106,058 | $8,385 | $97,673 |
| 2022 | $9,650 | $106,058 | $8,385 | $97,673 |
| 2021 | $9,617 | $101,297 | $8,009 | $93,288 |
| 2020 | $9,665 | $100,693 | $7,961 | $92,732 |
| 2019 | $9,501 | $98,333 | $7,774 | $90,559 |
| 2018 | $9,281 | $97,176 | $7,682 | $89,494 |
| 2017 | $9,076 | $95,177 | $7,524 | $87,653 |
| 2016 | $8,969 | $93,586 | $7,398 | $86,188 |
| 2015 | $8,780 | $91,661 | $7,246 | $84,415 |
| 2014 | -- | $93,294 | $7,375 | $85,919 |
| 2013 | -- | $93,294 | $7,375 | $85,919 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/06/2025 02/06/25 | For Sale | $650,000 | -- | $6,500 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $315,000 | -- | |
| Warranty Deed | $315,000 | -- | |
| Warranty Deed | $265,000 | Roller Richard M |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $252,000 | New Conventional | |
| Previous Owner | $165,000 | New Conventional |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12562173
APN: 17-05-129-011
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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