MOLINE, ILLINOIS (August 17, 2026) — The Board of Directors of Renew Moline announces the acquisition of the Washington Square Apartments in downtown Moline, a ten-unit building located at 316-17th Street.
The late-19th century structure was originally five, three-story townhome-style units. The building was constructed at the direction of Charles H Deere, and designed by Merton Yale Cady, Mr Deere’s brother-in-law, and an important architect/builder in the Midwest during that time.
After a complete interior renovation in 2012, today the building features five one-bedroom one bath units, and five two-bedroom, 1.5 bath units. The units are all income-restricted to 50% of Area Median Income (AMI) and 120% AMI. There are currently two, one-bedroom units available for rent to tenants with incomes at or under 50% of area median income (or around $32,000 annually).
“Renew Moline had a chance to acquire Washington Square and the Board determined that it was an important and strategic purchase. Not only does the property provide much-needed affordable housing, but it is important to keep such assets in local ownership,” said Renew Moline Board Chairman Carrie O’Neill.
“We did not want to miss this opportunity.”
Alexandra Elias, President and CEO of Renew Moline said, “We are grateful for the support of the City of Moline and GROWTH Corporation, who have trusted us to be excellent stewards of the property for our resident tenants and downtown. We look forward to learning more about Washington Square’s history and celebrating it with the community.”
For questions or information about leasing, please call Crystal Crayne at the Renew Moline office (309.762.9190), 309-903-1220 or ccrayne@renewmoline.com.
For 36 years, Renew Moline Inc has been the City of Moline’s non-profit economic-development partner dedicated to a vibrant and healthy city through planning, facilitating development, connecting resources and people, creating beloved places and events, and advocating for policies and programs that will ensure continued investment in the community.
