Artur Tobolski - Chicagoland Brokers Inc Logo
$600,000
( $62.50Per Sq Foot )
 $3,221 est/mo Sourced by Back At You

242 46th Street,Moline, IL 61265

Moline, IL 61265

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Description

Incredible investment opportunity in Moline! This expansive multi-family property features a solid rental history with long-term tenants already in place, situated on a generous 1.81-acre parcel with ample land offering excellent future development potential. Offering a park-like setting with optimal off-street carport parking, this unique 25-unit apartment community features highly efficient studio layouts. Units include a private entrance, full kitchen setup, and a rental structure historically built around an all-utilities-included format for low vacancy rates. Perfectly positioned just off Avenue of the Cities, this property offers incredible proximity to local dining, shopping centers, public transit, and major Quad Cities routes. Sold as-is, Buyers and/or buyers agents to verify all facts, details, features and measurements of the property. DO NOT DISTURB TENANTS. 24hour notice required.

Details

MLS #12654741
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive
Year1944
Days On Site123
Listing Provided ByEpique Realty Inc | Bryce Bowers

Features

SQ Feet9,600
Story(s)1
Units24
Acreage1.87

Interior

CoolingWindow Unit(s)

Exterior

Construction MaterialsWood

Utilities

ElectricCircuit Breakers

Taxes

Tax Year2025
Tax Annual Amount9971

Area Information

StateIL
CountyRock Island
CityMoline
Zip Code61265
AreaMoline
Listing VS Median (in 61265)
Price:
$600,000
low | high
Med:
$144,900
100% of Average
sqft:
9,600
low | high
Med:
1,170
100% of Average
$ / sqft:
$63
low | high
Med:
$124
48.153846153846% of Average
On site:
123
low | high
Med:
2
100% of Average
Sourced by Back At You

Market Activity 61265

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Contact

Learn More About This Property

Artur Tobolski

Artur Tobolski

Chicagoland Brokers Inc

475.174013 (773) 968-1100tobart1991@gmail.com
StateIL
CountyRock Island
CityMoline
Zip Code61265
AreaMoline
Listing VS Median (in 61265)
Price:
$600,000
low | high
Med:
$144,900
100% of Average
sqft:
9,600
low | high
Med:
1,170
100% of Average
$ / sqft:
$63
low | high
Med:
$124
48.153846153846% of Average
On site:
123
low | high
Med:
2
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $450K - $750K
sqft: 7,000 - 12,000
Nearby Listings Property ImageNearby Listings Details
207 49TH Street Property Photo 1
$270,000
207 49th Street
Moline, IL 61265
Listing Updated: September 2, 2026 at 11:11:21 PM PDT

Artur Tobolski - Chicagoland Brokers Inc