Chase Bank Building
119
Jobs Created
$1,998,394
Tax Impact
$5,027,879
Income Generated
$6,830,241
GDP Added
$13,372,813
Output Generated
Chase Bank Building, located in Moline, Illinois, was completed in 1921 and designed by local architect Olaf Z. Cervin in the Beaux-Arts architectural style. For decades, the upper levels housed offices with expansive views of the city and river, while the ground floor served various banking institutions. As downtown Moline experienced decline in the late 20th century, much of the building sat vacant. Now repurposed, it serves as a mixed-use development, including 17,900 square feet of retail space and 31 market-rate apartments, blending preserved historic character with modern amenities. Through the federal Historic Rehabilitation Tax Credit, the Chase Bank Building contributes to the economic and cultural revitalization of Moline, transforming a long-underutilized landmark into vibrant residential and commercial space while celebrating its architectural legacy.
Project Type:
Historic RehabilitationTax Credit Type:
FederalAddress:
501 15th St
Moline, Illinois 61265