The Avenues at East Moline

For Sale

1111 Avenue Of The Cities, East Moline, IL 61244

This East Moline property for sale is located at 1111 Avenue Of The Cities. The current listed sale price for The Avenues at East Moline is $6,600,000. The Avenues at East Moline is situated on a lot that is 2.72 acre in size.

Contacts

broker

Will Cornish

Kiser Group

Property Details

  • Property Type Multi-Family
  • Property Size 94,188 SF
  • Units 114
  • Lot Size 2.72 Acre
  • Additional Rent Contact for pricing
  • Year Built 1966
  • Year Renovated 2022
  • Date Updated Oct 4, 2024
Affectionately referred to as EasMo, East Moline is located next door to Moline on the Illinois side of the Mississippi River in the Quad Cities region. East Moline has begun a major riverfront revitalization on the land that housed the former Case IH plant. Called The Bend, it includes a new hotel property with beautiful river views, Riverside Park outdoor amphitheater, an upscale restaurant called The Combine, a meeting venue, a large exhibition hall, and apartments. Furthermore, The Avenues of the Cities road, where The Avenues at East Moline community is located, is a recent focus of the greater Quad Cities redevelopment plans tied to pedestrian connectivity, rail crossings, additions of more transportation options, and festival streetscaping. Additionally, a former manufacturing plant - The Rust Belt provides unique warehouse music and event venue for a range of musicians, comedians, and other artists to entertain audiences up 4,000. Not just for concerts, The Rust Belt has hosted weddings, vendor shows, wrestling, and more. You’ll also find Midwest Ale Works microbrewery, a Mexican restaurant, coffee shop, and more. The paved riverfront Great River Trail continues its path through East Moline where familes can visit Empire Park featuring a giant wooden jungle gym. Afterward stop at Frank’s Pizza, one of the originators of Quad Cities-style pizza. Overall, the Quad Cities is a culmination of dynamic family communities on the Mississippi River where the river bends to run directly from east to west. This bi-state (IA/IL), multi-city region is the largest metropolitan area between St. Louis and Minneapolis on the upper Mississippi River. The region lies within a 300-mile radius of 37 million people with close access to major markets like Chicago, Minneapolis/St. Paul, Des Moines, Omaha, St. Louis, Kansas City, and Indianapolis. The Quad Cities International Airport (MLI) has a nonstop service to major destinations and hubs, with hundreds of global connections available beyond. Travelers have easy access through 4 airlines – Allegiant, American, Delta and United. Education is abundant in the Quad Cities - hosting 11+ universities, colleges, and schools that are internationally recognized and represent thousands of creative, knowledgeable, inventive, and forward-thinking Quad Citizens. This supplements the Quad Cities hotspot of Fortune 500 and 1000 companies that have a presence in the region (over 150+) including Deere & Company, as well as the Rock Island Arsenal, a major military installation. •Ranked #3 Best Affordable Places to Live (U.S. News & World Report 2021-22) •Ranked #3 most diversified metro economy in the U.S. (Livability.com 2020) •Ranked #3 out of 382 metro areas for industry diversity (EMSI) •Ranked #27 in the U.S. for the cost of doing business, #5 in the Midwest, and #2 in both Illinois and Iowa for the cost of doing business (Forbes 2020) Each city, downtown and small-town offers its own unique vibe and history. Enjoy evenings filled with live performances that include music, theatre, and Broadway productions. Sip on crafted beers and cocktails, indulge in delicious meals served up by our talented chefs and celebrate with a sunset over the river. Explore daytime adventures that include shopping, antiquing, museums, attractions, and outdoor adventures on and off the water. Vibrant downtown areas, quaint riverfront towns and villages, bustling suburban areas, historic neighborhoods, quiet trails, and amazing river views are waiting to welcome families to the QC region.

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Highlights

  • Strong tenant base with proximity to major employers
  • Upside via continued implementation of value-add program
  • 474K+ population in Quad Cities MSA
  • Ideal unit mix of one & two-bedrooms
  • On site laundry facilities

Getting around

  • 66/100

    Walk Score ®

  • 46/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City East Moline, IL
  • Neighborhood East Moline
  • Zip Code 61244

Points of Interest

  • Hy-Vee Gas

    0.77 miles

  • Shell

    1.05 miles

  • BP

    1.49 miles

  • Phillips 66

    1.55 miles

  • Hy-Vee Gas

    2.03 miles

  • BP

    2.07 miles

  • Moline Food Gas and Liquor

    2.75 miles

  • Conoco

    2.79 miles

  • Shell

    2.91 miles

  • 7-Eleven

    3.23 miles

  • Parking Lot 4

    0.95 miles

  • Parking Lot 1

    1.05 miles

  • Parking Lot 3

    1.20 miles

  • Parking Lot 2

    1.30 miles

  • 34th Street Lot

    3.24 miles

  • University Drive East Lot

    3.31 miles

  • University Drive West Lot

    3.43 miles

  • Cell Phone Lot

    4.19 miles

  • Long Term Parking

    4.31 miles

  • Short Term Parking

    4.35 miles

  • Super 8 East Moline

    1.66 miles

  • Residence Inn

    2.07 miles

  • Hyatt House East Moline / Quad Cities

    2.36 miles

  • AmericInn by Wyndham Moline Airport/ Quad Cities

    3.60 miles

  • Motel 6

    3.79 miles

  • Best Western

    3.81 miles

  • Country Inn & Suites

    3.94 miles

  • La Quinta Inn

    3.98 miles

  • Motel 6

    4.02 miles

  • Quality Inn & Suites Moline - Quad Cities

    4.06 miles

  • Hy-Vee

    0.76 miles

  • Hy-Vee

    0.78 miles

  • Jewel-Osco

    1.19 miles

  • Jewel-Osco

    1.53 miles

  • Kmart

    1.60 miles

  • Aldi

    1.71 miles

  • Walmart Supercenter

    1.79 miles

  • Hy-Vee

    2.06 miles

  • Aldi

    2.09 miles

  • Walmart Supercenter

    2.70 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Will Cornish

Kiser Group