1601-1605 5th Ave

For Sale

1601-1605 5th Ave, Moline, IL 61265

This Moline property for sale is located at 1601-1605 5th Ave. The current listed sale price for 1601-1605 5th Ave is $999,000.

Contacts

Shawn Stuenkel, CCIM

Max Gellerman, CCIM

Property Details

  • Property Type Other
  • Property Size 9,897 SF
  • Date Updated Jun 30, 2026

Three-story mixed-use investment opportunity located in the heart of downtown Moline. The property offers a balanced income stream with two commercial units, including one 1,500 SF vacancy alongside one stabilized tenant.

The second and third floors comprise six fully leased residential units, renovated in 2019–2020, delivering stable, diversified cash flow. Significant capital improvements have been completed, including new furnaces, roof, tuckpointing, windows, and doors—positioning the asset as a well-maintained, low-deferred-maintenance investment.

Tenants benefit from basement storage and the convenience of full-service gross leases, with internet, gas/electric, water, sewer, and garbage included, simplifying management and enhancing tenant retention. Contact listing agents for showings. 24-hour notice required. Currently priced at an 8.5% cap rate 

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Highlights

  • Address: 1601-1605 5th Ave
  • Annual Taxes: $5,406.24 / 2024
  • City: Moline
  • County: Rock Island
  • Listing Office: Hawkeye Commercial Real Estate
  • MLS#: 12614551
  • Sale Price: $999,000
  • Total Building SF: 9,897
  • Type: Mixed use
  • Zip: 61265
  • Zoning: SX-1

Getting around

  • 82/100

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  • 46/100

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  • 67/100

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Location

  • City Moline, IL
  • Zip Code 61265

Points of Interest

  • Gas Land

    0.97 miles

  • BP

    1.22 miles

  • Jewel Express

    1.44 miles

  • 76

    1.46 miles

  • Shell

    1.57 miles

  • Moline Food Gas and Liquor

    1.70 miles

  • Hy-Vee Gas

    2.55 miles

  • Phillips 66

    2.88 miles

  • University Drive West Lot

    1.12 miles

  • University Drive East Lot

    1.25 miles

  • 34th Street Lot

    1.38 miles

  • Lot C

    1.68 miles

  • Lot D

    1.68 miles

  • Lot B

    1.70 miles

  • Lot A1

    1.75 miles

  • Lot E

    1.76 miles

  • Lot O

    1.78 miles

  • Lot N-1

    1.78 miles

  • Radisson on John Deere Commons-Moline

    0.23 miles

  • Stoney Creek Hotel & Conference Center - Moline

    0.24 miles

  • Element Moline

    0.29 miles

  • Modernistic Motel

    2.21 miles

  • AmericInn by Wyndham Moline Airport/ Quad Cities

    2.95 miles

  • Motel 6 Moline, IL

    3.02 miles

  • Best Western Airport Moline, IL

    3.10 miles

  • Comfort Inn Moline - Quad Cities

    3.11 miles

  • Hyatt House East Moline / Quad Cities

    3.17 miles

  • Hyatt Place

    3.18 miles

  • Jewel-Osco

    1.48 miles

  • City Line Plaza

    1.49 miles

  • ALDI

    2.02 miles

  • Hy-Vee

    2.41 miles

  • Shoppes at Southpark

    2.57 miles

  • Ross

    2.58 miles

  • Target

    2.66 miles

  • Kohl's

    2.70 miles

  • Dillard's Clearance Center

    2.71 miles

  • Kmart

    2.81 miles

Contact 1601-1605 5th Ave
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