INVESTOR SPECIAL IN THE HEART OF DOWNTOWN MOLINE! Incredible investment opportunity in a prominent corner location at the intersection of 16th Street and 5th Avenue. This expansive mixed-use property offers exceptional income-producing potential with substantial improvements already completed. The second floor features 4 apartments, plus additional space with the potential to create 1-2 more units! These apartments also present an exciting opportunity for short-term rentals such as Airbnb, subject to local regulations. The main floor is currently home to Le Mekong Restaurant (business not included in sale) and offers two separate entrances and addresses, allowing for potential division into two commercial spaces. An additional space on the south side is currently utilized as an office, complete with its own entrance and address, offering yet another potential income-producing opportunity! Featuring two functional kitchens, flexible office space, and off-street parking, this property offers endless possibilities for investors, entrepreneurs, or those seeking a unique LIVE/WORK environment. Conveniently located near downtown restaurants, entertainment, hotels, and popular wedding and event venues, this property is positioned to capitalize on downtown activity. Whether you're looking to establish multiple rental income streams, expand your investment portfolio, or create a dynamic mixed-use property, the possibilities are exciting! Schedule your private showing today and discover the potential!
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Around this home
Schools
K - 12
Preschool & daycare
Logan Elementary School
Public K-5 • Assigned • 1.1mi
4/10
John Deere Middle School
Public 6-8 • Assigned • 1.2mi
4/10
Moline Senior High School
Public 9-12 • Assigned • 2.0mi
4/10
Provided by GreatSchools
About Downtown Moline Historic
District
Downtown Moline Historic District, located between the Mississippi Riverfront and 16th Street, is a historic and walkable Moline neighborhood with brick storefront blocks and a river-oriented streetscape. The district’s character concentrates around 5th Avenue and 17th Street, where independent restaurants, coffee counters, galleries, and marquee-lit venues line the sidewalks. The TaxSlayer Center, the Sound Conservatory, and the Moline Public Library anchor the calendar with concerts, performances, and community programming. Late-19th- and early-20th-century commercial architecture sets a classic Main Street rhythm, with upper-floor windows and detailed cornices. Riverfront paths and plazas add open-air breathing room between show nights and café hours. A compact grid keeps errands, dining, and events in one continuous loop.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Kitchen
2 ranges
Laundry & utility
2 washers
1 dryer
Flooring
Concrete flooring
Wood flooring
Heating & cooling
Forced-air gas heating
Central air conditioning
Home design
Mixed-use property
Construction
Brick construction
Built before 1978
Utilities
Municipal water
Sale and tax history for 1600 5th Ave
Sale History
Tax History
This is a new listing, so no sales records exist yet. As the MLS and public records start to fill up, we'll list the details here.
As the MLS and public records start to fill up, we'll list the details here.
Public record
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County
Rock Island County
APN
0832407001
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Last updated by owner on Nov 6, 2026.
Historical weather
Moline, IL • 61265
Average low and high temperatures (°F)
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 1600 5th Ave
There isn’t enough information to generate an accurate estimate at this time. Learn More