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East Moline, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in East Moline, Illinois Market population: 21K. Compare commercial properties across all major asset classes...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For East Moline IL Properties: 7.68%

πŸ“Š Avg Property Tax Rate For East Moline IL Properties: 3.0800%

πŸ“Š Average Income For East Moline IL Commercial Property: $42,233

Investor Questions For East Moline IL

Common questions from investors exploring commercial real estate in East Moline IL.

What is the overall investment potential of East Moline, IL, considering its demographic and economic factors? +
The city's median household income of $42,233, combined with a poverty rate of 16.9% and a high health insurance coverage rate of 92.0%, suggests a relatively stable market with a mix of working-class and more affluent residents. The top industries, including Public Administration and Educational Services, indicate a diverse economy, while the average commute time of 19.4 minutes and high homeownership rate of 64.5% contribute to a desirable quality of life.
How does the ethnic diversity and foreign-born population impact the real estate market in East Moline, IL? +
The city's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, and a foreign-born rate of 4.3%, may contribute to a culturally rich and potentially growing market. The presence of these groups, combined with the city's relatively high median property value of $109,600 and low average commute time, could attract investors looking for a stable and diverse rental market.
What are the implications of the city's income inequality and poverty rate for real estate investors? +
The GINI coefficient of 0.451 and poverty rate of 16.9% in East Moline, IL, indicate a degree of income inequality, which may impact the affordability and demand for housing. However, the city's high health insurance coverage rate of 92.0% and relatively low average commute time of 19.4 minutes suggest a level of employment stability, which could mitigate some of the risks associated with income inequality for investors.
How do the top industries and occupations in East Moline, IL, influence the local real estate market? +
The presence of top industries such as Public Administration, Information, and Educational Services, as well as top occupations like Office and Administrative Support Occupations, suggests a relatively stable and secure job market. This, combined with the city's median property value of $109,600 and median property taxes of $5,360, may attract investors looking for a reliable rental income stream and potential long-term appreciation in property value.
What role do quality of life factors, such as commute time and health insurance coverage, play in assessing the investment potential of East Moline, IL? +
The city's average commute time of 19.4 minutes, which is relatively low, and high health insurance coverage rate of 92.0%, contribute to a desirable quality of life for residents. These factors, combined with the city's median household income of $42,233 and poverty rate of 16.9%, suggest a relatively stable and attractive market for real estate investors, with potential for long-term growth and appreciation in property value.

East Moline IL Real Estate & City Facts

Key facts and real estate information about East Moline IL.

What are some of the best neighborhoods to live in East Moline? +
Some of the best neighborhoods to live in East Moline include 30th - Crosstown and East Moline II, which are known for being peaceful and family-friendly. According to online reviews, these neighborhoods offer a clean environment and a welcoming atmosphere, making them great options for families and individuals looking for a quiet place to live.
What are some fun things to do in East Moline? +
There are plenty of fun things to do in East Moline, including visiting Empire Park, which features a sprawling wooden jungle gym, and exploring the nearby seasonal fun at Stone's Apple Barn. You can also check out Campbell's Island State Park, the Quad City Botanical Center, and the John Deere Pavilion for some exciting activities and attractions.
What is the food scene like in East Moline? +
The food scene in East Moline is diverse and exciting, with a range of options to suit different tastes and preferences. Some popular restaurants in the area include Los Charros Mexican Restaurant, River Room, and Deerfield Family Restaurant. You can also find great burgers at Steel Plow Burger and delicious Mexican food at Cafe Any Lu downtown and La Rosa on the border of Silvis.
What are the pros and cons of living in East Moline? +
Living in East Moline has its pros and cons. On the plus side, the city offers a peaceful and family-friendly environment, with plenty of outdoor spaces and activities to enjoy. However, some areas of the city may have narrower streets and less nightlife options compared to other nearby cities. Additionally, the city's economy and job market may be limited in certain industries. Overall, it's essential to weigh the advantages and disadvantages before deciding whether East Moline is the right place for you.
Is East Moline a good place to live? +
East Moline can be a great place to live, depending on your individual preferences and priorities. The city offers a unique blend of small-town charm and access to bigger city amenities, making it an attractive option for families and individuals looking for a quiet and affordable place to live. While it may not have all the amenities and job opportunities of larger cities, East Moline has its own unique character and advantages that make it a great choice for those who value a peaceful and community-oriented lifestyle.
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