Movoto Real Estate
Sold on 07/02/2021

5529 34th Ave, Moline, IL 61265

  • $650,000

    Last sold 07/02/2021 after 128 Days

  • bed

  • bath

Multi-family not for sale
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About 5529 34th Ave

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Lot size 0.53 Acre
Rental estimate
Property description
Check out this fabulous 12 unit apartment building located in Moline with East Moline schools. The Gross Annual Income does not reflect all units together. The annual gross income is $94,200. Unit 8 is vacant at this time, and is being reskinned. All units are 2 Bd, 1 full bath and vary from $610-$750 a month. You'll find a parking slab and an 8-car carport for your tenants! There is a common laundry area with 2 washers and 2 dryers! Don't miss out on this fantastic investment opportunity!
Listed by
Listing Office - RE/MAX Concepts
Source: RMLS Alliance mls logo
MLS#QC4219128 • last updated 1 month ago
Movoto checked RMLS Alliance for data 2 hours ago
Overview
Cooling/AC Central Air
Heating Forced Air, Natural Gas, Gas Water Heater
Levels/Style Apartment Building
MLS # QC4219128
Status Sold
SubType Residential Income
Lot Size (Acres) 0.525
Property Tax 12386.4
Year Built 1979
Interior
Laundry Common Area
Exterior
Roof Shingle
Construction Brick
Parking Carport, Parking Pad
# of Parking Spaces 18
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision Ralph Murphy
High School United Township
APN 17-11-227-003
Directions East On 34th Ave To Building
Multifamily Details
Total # of Units 12
Net Operating Income 17697
Expense: Water/Sewer 3682
Expense: Operating 15183
Expense: Manager 6000
Expense: Trash 960
Gross Income 32880
Expense: Electricity 1126
Gross Scheduled Income 32880
Lot/ Land Details
Road Surface Paved
Rental est.: $747/month
Gross rent multiplier: 72.5
  • Jul 2021
    Public Records
  • Jul 15, 2021 Sold
    $325,000 (-7.1%)
  • Sep 2020
    Public Records
  • Sep 2, 2020 Sold
    $350,000
  • 5529 34th Ave
    $650K
  • Qcara Area
  • 61265
    $165K +6% y/y
  • Moline
    $168K +8% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • 5529 34th Ave
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