

702 18th Ave
100% Leased | 2 Apartment and 2 Commercial Units
Marketing description
Marcus & Millichap is pleased to present 702 18th Ave, a fully occupied mixed-use corner property located at the intersection of 7th Street and 18th Avenue in Moline, IL. The property includes two residential apartments and two ground-floor commercial storefronts, positioned a few blocks from Lincoln-Irving Elementary School and within walking distance of various retail and dining options. Per ownership, recent improvements include a replaced roof, updated residential units, and renovated commercial spaces.
The residential apartments each feature central heating and air conditioning, along with in-unit washers and dryers. The ground-floor commercial storefronts have also undergone recent renovations, offering updated space for commercial tenants. The property has experienced historically strong tenant retention with minimal vacancy periods, and street parking is available for both residents and commercial tenants.
Moline is part of the Quad Cities metropolitan area, a regional economic hub with a population exceeding 400,000. The area supports a diverse economy led by manufacturing, logistics, healthcare, and education. Major employers such as John Deere, Genesis Health System, and UnityPoint Health contribute to local employment stability. Strategically located along the Mississippi River, the Quad Cities benefit from strong transportation infrastructure, including interstate highways, air travel, and rail access. These fundamentals support long-term demand for both residential and commercial space throughout the region.
Investment highlights
- Fully Occupied Mixed-Use Asset with Diversified Income Streams – The property includes two residential apartments and two ground-floor commercial storefronts, providing investors with income diversification across both residential and commercial tenancy.
- Recent Capital Improvements & Updated Unit Interiors – Per ownership, recent improvements include a replaced roof, updated residential apartments with central heating and air conditioning, in-unit washers and dryers, and renovated commercial storefronts.
- Strong Corner Location in the Quad Cities Market – Positioned at the intersection of 7th Street and 18th Avenue in Moline, the property benefits from visibility, walkability to nearby retail and dining, and access to the broader Quad Cities economy anchored by manufacturing, healthcare, logistics, and education.
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