1215 15TH Street Moline, IL ^$ 1,650,000

1215 15TH Street

^$ 1,650,000

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Recently Listed

1215 15TH Street

Moline, IL, 61265

^$ 1,650,000

Studio Baths0.0 Sq 31,248

Monthly Estimate*

^$ 10,294

1215 15TH Street, Moline, IL 61265 - Image 1

Studio

Multi-Family Home for sale in Moline, IL

for $1,650,000. This 31,248 square foot home was built in 1927.

This turn key, cash flowing investment opportunity in the heart of Moline, the Wellington Apartments consists of 30 apartment units. This building has a fantastic blend of different sized apartments, consisting of (9) efficiencies, (10) one-bedroom units, (8) two-bedroom units, (2) three-bedroom units, and (1) four-bedroom unit. Local, professional management team can be kept in place or transitioned out at the time of sale.

Multi-Family Active

Price

^$ 1,650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 17,972

Style

Commercial

Year Built

1927

Town/City

Moline

County/Region

Rock Island

MLS | Web ID

QC4269326

Features

General

Cooling Window Unit(s)

Construction Materials Brick

Year Built 1927

Electric Separate Meters

Tenant Pays Other Sewer

Current Use Commercial

Gross Income 251300

County Rock Island

Net Operating Income 64853

Operating Expense 168475

Property Type Commercial Sale Multi Family 5+

MaintenanceExpense 90824

Status Active

Directions From 12th Ave South on alley between 14th St and 15th St bridge. Parking in rear of building.

City Moline

Number Of Units Total 30

MLS Area Moline

Tax Annual Amount 17972

Electric Expense 8080

Fuel Expense 8080

Trash Expense 2865

Water Sewer Expense 17371

Standard Status Active

Exterior

Foundation Details Block

Building Area Total 31248

Lot Dimensions 171'x204'x111'x115'x61'x9

Frontage Type Alley Access Paved

* Excluded Features

List By

Milltown Realty, Llc

Broker

shannon@milltownrealty.com

Affordability Calculator

$11,792

Per Month

Monthly Principal & Interest: $10,294
Monthly Property Taxes: $1,498
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Moline, IL

Average List Price ^$480,650

Percent of Sale Price 71%

About Moline, IL

43,489 Population

0% Since 2002

^$50,994 Median Income

40.01 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/19/2025	$1,650,000		Listed Price

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1215 15TH Street, Moline, IL, 61265 is a Multi-Family Home for sale at $1,650,000 with 31,248 sqft. 1215 15TH Street is a studio with 0.0 baths and was built in 1927. The property's zip code is 61265 which is in Moline, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/22/2025.

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1215 15TH Street

Multi-Family Home for sale in Moline, IL

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