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3551 7th Street Moline, IL 61265 Commercial - Office Active

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Description

Rare opportunity to acquire a distinctive approximately 39,245 SF office property situated on approximately 3.47 acres at 3551 7th Street in Moline. Originally constructed in 1912 as the residence of Willard L. Velie, grandson of John Deere and founder of the Velie Motor Vehicle Company, the property offers a unique combination of historic architectural character and functional, executive-quality office space. The building features impressive historic details including ornate ceilings, decorative plasterwork, stained and leaded-glass windows, detailed woodwork, fireplaces, grand staircase, murals and formal executive/meeting areas. Modern professional improvements include executive offices, multiple conference and board rooms, substantial built-in cabinetry and storage, kitchen/break areas and support space. The property has served for decades as a corporate office and banking facility. Additional site improvements include substantial on-site parking, existing drive-through banking facilities, prominent monument signage, multiple access points, landscaped grounds and an outdoor courtyard/seating area. Convenient Moline location just north of John Deere Road with easy access to I-74 and close proximity to UnityPoint Health - Trinity Moline, SouthPark Mall, national retailers, restaurants and surrounding commercial services. A unique opportunity for a corporate headquarters, professional office, financial services, institutional or other compatible commercial use, subject to zoning. Sale includes three total parcels: 17-07-426-001; 17-07-426-002; and 17-07-425-015.

Property Highlights

Property Type: Commercial - Office
Building Description: 3.0 stories
Year Built: 1912
Lot Size: 3.74 acres

General Information

County: Rock Island
Listed By:
NAI Ruhl Commercial Company 563-355-4000
MRED MLS
$3,250,000
Est. $21,905/mo
Active
SQUARE FEET39,245 MLS#12749189
STATUSActive PROPERTY TYPECommercial - Office

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3551 7th Street, Moline, IL 61265.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $3,250,000$3,250,000
Down Payment $113,750$650,000
Monthly Mortgage Amount $19,909$16,434
Taxes $4523$4523
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $1,950$0
Monthly Estimated Total $27,330$21,905

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About this area

Illinois/Moline
Moline

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About Moline

Located just off the Mississippi River, Moline, IL began as a town very well known for harnessing the mighty water power of the Mississippi to fuel local businesses. Being situated perfectly within the Quad Cities, buying a home here means living right in the heart of the Midwest with all the perks of having a close community while being surrounded by some of the largest cities in the state. With a growing, vibrant downtown and a rich history, Moline offers residents a variety of attractions to explore and even more when it comes to entertainment.

Home & Community Information

“Moline” is an adaptation of the French word for mill town. Today, this city is known as the Farm Implement Capital of America for that reason! The city straddles the Illinois-Iowa border on the Mississippi River. The Mississippi Valley is very scenic, and the cities don’t fit the Midwestern stereotype of pancake-flat farmland, though you’ll experience that soon enough if you drive east or west from this region.

Living in Moline is a dream. In fact, compared to the rest of the country, the cost of living here is 22% lower. Job growth is positive, and when it comes to those who commute, the average commute time is less than 15 minutes (compared to the 25+ minute national average). If you’re visiting the area, the weather is very pleasant from May to September. It does cool off quite a bit in the winter, but there’s plenty to do during every season, no matter when you decide to check out the city.

Employment Opportunities

Moline has strong ties to John Deere and serves as the global headquarters for Deere & Company, so it’s no surprise that John Deere himself has deep roots in the area. He even served as the mayor of Moline for two years. The Quad Cities as a whole offer a wide range of job opportunities spanning a dynamic handful of industries. Whether you are interested in working in agriculture, healthcare, manufacturing, technology, education, or entertainment, the market is thriving and the people will make it worthwhile.

Things to Do in Moline

The beauty of Moline is that everything is easily walkable. The John Deere Pavilion, hotels, restaurants, microbreweries, shops, nightspots, and the TaxSlayer Center are all within a short distance. You’ll quickly see that no matter what type of activity you’re looking for, you’ll find it here. When you’re exploring Downtown Moline, don’t forget that the area also serves as the entry point to the Rock Island Arsenal, a very popular point of interest!

You seriously can’t beat the riverfront access that Moline offers residents and visitors alike. The Channel Cat Water Taxi makes stops in town seasonally and you can board the Celebration Belle riverboat for lunch, dinner, or for a sightseeing cruise Spring through Autumn. If you follow the paved Great River Trail, you’ll find tons of opportunities for walking, biking, or even skating!

Enjoy live music and dancing during the free summer concert series at Stephens Square Park, or head to Riverside Park for the Riverside Family Aquatic Center to cool off. The Greenvalley Sports Complex has baseball and softball diamonds, soccer fields, and cricket fields as far as the eye can see and fosters an exciting meeting place for both youth and adults.

Notable events in Moline include the TBK Bank Quad Cities Marathon, Bass Street Summer Concert Series, Mercado on Fifth, and the Lighting of the John Deere Commons in November, which officially kicks off the holidays in the Quad Cities.

In the cooler months, head to Lagomarcino’s Confectionery for some old-fashioned soda fountain drinks, famous hot fudge sundaes, and homemade candy, or to The Fifth Avenue Syndicate, which is nestled in the Axis Hotel, for the contemporary feel and artisanal libations.

If you are ready to start your home buying or selling journey, browse the latest real estate listings in Moline, IL. You can also contact us—we are here to help!

Nearest Ruhl & Ruhl Office: Moline
1701 52nd Avenue
Moline, IL 61265
(563) 441-1776

Moline, IL Real Estate & Homes for Sale

Moline, IL Real Estate & Homes for Sale

Moline, IL Real Estate & Homes for Sale

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