1215 15th St

$1,650,000
Price
Beds
Baths
31,248 Sq. Ft.
$53 / Sq. Ft.
31,248
Sq. Ft.
$53
per Sq. Ft.

Description

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.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.
  1. Listed by Shannon Lough • Milltown Realty, LLC

Property Details for 1215 15th Street

Parking Total
9.0
Subdivision Name
Moline On The Bluff
LISTING UPDATED: 11/17/2025 02:01 PM

Property Details for 1215 15th Street

StatusActive
MLS #QC4269326
Days on Market43
Taxes$17,972 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1927
Lot Size-
CountyRock Island County

Location

Listing Courtesy of Milltown Realty, LLC
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Building Information for 1215 15th Street

Stories-Residences30Year Built1927Building Size-Lot Size-

Payment Calculator

$9,651 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,153

Property Taxes

$1,498

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1215 15th Street

Summary
Location and General Information
  • City: Moline
  • County Or Parish: Rock Island
  • Directions: From 12th Ave, South on alley between 14th St and 15th St bridge. Parking in rear of building.
  • Latitude: 41.500005
  • Longitude: -90.515995
  • MLSArea Minor: QCARA Area
  • Postal Code: 61265
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 17-05-202-009
  • Tax Annual Amount: $17,972
  • Tax Legal Description: LOT 1 BLOCK 1 MOLINE ON THE BLUFF ADD ALL EX W 60 & ALL EX W 60 OF N 30 L 2 & N 40 L 3
  • Tax Year: 2024
School Information
  • High School: Moline
Parking
  • Parking Features: Alley Access
Property
Lot Information
  • Structure Type: Apartment Building
  • Accessibility Features: Wide Hallways
  • Building Area Total: 31248.0
  • Lot Features: Corner Lot, Terraced/Sloping
  • Lot Size Dimensions: 171'x204'x111'x115'x61'x9
  • Number Of Units Total: 30
  • 100 Year Plain: No
  • Road Surface Type: Alley Paved, Paved
Property and Assessments
  • Documents Available: Tenant Lease(s)
  • Foundation Details: Block
  • New Construction: No
  • Development Name: Wellington Apartments
  • Year Built: 1927
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 31
  • Number Of Gas Meters: 31
  • Numberof Water Meters: 1
  • Water Sewer Expense: $17,371
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 4225
  • Roof: Rubber
  • Construction Materials: Brick
Interior Features
  • Basement: Daylight, Full, Partially Finished
  • Heating: Natural Gas, Hot Water, Gas Water Heater, Window Unit(s)
  • Interior Features: Cable Available, High Speed Internet
  • Laundry Features: Owned Equipment
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 1
  • Number Of Ranges: 30
  • Numberof Refrigerators: 30
  • Number Of Water Heaters: 1
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $8,080
  • Gross Income: $251,300
  • Gross Scheduled Income: $234,200
  • Insurance Expense: $10,500
  • Maintenance Expense: $90,824
  • Manager Expense: $23,420
  • Net Operating Income: $64,853
  • Operating Expense: $168,475
  • Advertising Expense: 3110
  • Gas Expense: 8080
  • Misc Annual Income: 17100
  • Trash Expense: $2,865
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 0
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Lease Term: Variable
  • Tenant Pays: Other, Sewer, Water
  • Annual Vacancy Factor: 9

Property History for 1215 15th Street

DateEvent & SourcePriceAppreciation
Dec 21, 2025

Temporarily Off Market

MRED #4269326

Nov 13, 2025

Listed (Active)

RMLS ALLIANCE #QC4269326

$1,650,000
Nov 13, 2025

Listed (Active)

MRED #4269326

$1,650,000
Oct 23, 2012

Sold (Public Record)

Public Record #343893484

$1,040,500
DateEvent & SourcePrice
12/21/2025

Temporarily Off Market

MRED #4269326

11/13/2025

Listed (Active)

RMLS ALLIANCE #QC4269326

$1,650,000
11/13/2025

Listed (Active)

MRED #4269326

$1,650,000
10/23/2012

Sold (Public Record)

Public Record #343893484

$1,040,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1215 15th Street

Taxable ValueLand$31,899Additions$171,798Total$203,697
Tax Record2024$17,972 ($1,498 / month)
Home Facts
Total Finished SqFt31,248 SqFtAbove Grade Finished SqFt31,248 SqFtStories3StyleMiscellaneous CommercialYear Built1927ZoningMOLCountyROCK ISLANDAPN17-05-202-009

Schools near 1215 15th Street

This home is within Moline Usd 40.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 7 to 12
Rating
School
Distance
Willard Elementary School
PublicK to 5

John Deere Middle School
Public6 to 8

Moline Sr High School
Public9 to 12

Quad Cities Christian School
Private7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1215 15th Street is a multi-family home for sale in Moline, IL 61265. This property was listed for sale on November 13, 2025 by Milltown Realty, LLC, it's currently listed at $1,650,000. It has been on the market for a total of 43 days and was last sold on October 23, 2012. This listing's school district is Moline Usd 40. Nearby schools include Willard Elementary School, John Deere Middle School and Moline Sr High School. 1215 15th Street is a 0-bed, 0-bath, 31,248 sqft multi-family home built in 1927.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Milltown Realty, LLC

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/27/2025 07:41 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.