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0 Beds
14,400 sqft

$1,300,000

1600 5TH Avenue, Moline IL, 61265

Price per sqft$90.28
Built in1910
Property size14,400 sqft
Property typeOther
Listed by Tedd Lear with eXp Realty (309) 269-6001

Overview

Active

New

Listed Nov 6, 2026

Updated 30h ago

INVESTOR SPECIAL IN THE HEART OF DOWNTOWN MOLINE! Incredible investment opportunity in a prominent corner location at the intersection of 16th Street and 5th Avenue. This expansive mixed-use property offers exceptional income-producing potential with substantial improvements already completed. The second floor features 4 apartments, plus additional space with the potential to create 1-2 more units! These apartments also present an exciting opportunity for short-term rentals such as Airbnb, subject to local regulations. The main floor is currently home to Le Mekong Restaurant (business not included in sale) and offers two separate entrances and addresses, allowing for potential division into two commercial spaces. An additional space on the south side is currently utilized as an office, complete with its own entrance and address, offering yet another potential income-producing opportunity! Featuring two functional kitchens, flexible office space, and off-street parking, this property offers endless possibilities for investors, entrepreneurs, or those seeking a unique LIVE/WORK environment. Conveniently located near downtown restaurants, entertainment, hotels, and popular wedding and event venues, this property is positioned to capitalize on downtown activity. Whether you're looking to establish multiple rental income streams, expand your investment portfolio, or create a dynamic mixed-use property, the possibilities are exciting! Schedule your private showing today and discover the potential!

$8,649/mo

Est. mortgage payment based on a $1,300,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
12795348

Interior Features

Bedrooms
0
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.18 Acres

Other Property Details

Taxes
$10,772
Tax Frequency
Annually
Municipality
Moline
MLS provider logo

Listed by Tedd Lear with eXp Realty (309) 269-6001

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than This is IT are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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Data is refreshed every 3 hours. Listing last updated 3:56 AM UTC on 11/8/2026. 

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