2640 16Th StMoline, IL 61265

  • Commercial real estate
  • 1,556 SF
For Sale
$90,000 View listing

Property Details for 2640 16Th St

Year built
1891
Construction
FRAME
Lot size
0.20 AC
Property size (Sq ft)
1,556 SF
Zone code
MOL
Property type
Commercial real estate
APN
17-08-235-002
APU
1708235002

Description

This versatile Moline, IL property at 2640 16TH Street, zip code 61265, presents a unique investment opportunity. The two-unit, multifamily building, built in 1891, offers a blend of residential and commercial potential. Boasting two bedrooms and two bathrooms across its two units, this property is ideally suited for those seeking a live-work arrangement or a savvy investment. Recent upgrades include a new furnace (2019), air conditioning (2020), luxurious vinyl plank (LVP) flooring, upgraded plumbing, and a reinforced structural wall. The exterior features professional landscaping. The property is being sold "as is" and includes a home warranty. Its central location provides easy access to local amenities and businesses. This property is situated on land in Rock Island County and is listed at $90,000. Note that one or more photos have been virtually staged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $321,585
    Hospitality
    $294,570
    Educational
    $245,079
    Medical
    $253,507
    Retail
    $381,233
2640 16Th St, Moline, Illinois

Location Insight

City
Moline
County
Rock Island
State
Illinois
Latitude
41.4857
Longitude
-90.5133
CBSA code
19340
CBSA name
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,637
$5,468
$34,913
$40,381
-
$16,404
$104,739
$121,143

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