242 46th Street
Moline, IL, 61265
$600,000
Beds
0 Baths
0 SqFt
1.87 Acres
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MLS #MRD12654741 image #0
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.

Property Details

Price:
$600,000
MLS #:
MRD12654741
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
moline
Listed Date:
May 25, 2026
Total Sq Ft:
9,600
Lot Size:
78,656 sqft / 1.87 acres (approx)
Year Built:
1944
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Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Wood
Stories
1

Financial

Net Operating Income
$132,099
Tax Year
2025
Taxes
$9,971

Map

Community

Market Summary

Current real estate data for Commercial in Moline as of Oct 07, 2026
67
Commercial Listed
319
Avg DOM
$598,521
Avg List Price

Property Summary

    242 46th Street Moline IL is a Commercial for sale in Moline, IL, 61265. It is listed for $600,000

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