$440,000
( $47.25Per Sq Foot )
 $2,362 est/mo Sourced by Back At You

1301-1305 2nd Avenue,Rock Island, IL 61201

Rock Island, IL 61201

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Description

Investor opportunity featuring 12 spacious one-bedroom, one-bathroom apartments and 6 garages in a highly accessible Rock Island location. The area is quiet and has several long term tenants - including a tenant that has been there for 25 years. The complex is situated just off major routes with convenient access to the Centennial Bridge, Highway 92, I-280, downtown Davenport and Rock Island. The property currently generates $6,285 per month. Three units are currently vacant, offering immediate opportunity to increase rental income and overall cash flow. Tenants pay water and sewer; owner pays gas, electric and garbage. Only vacant units will be shown for first showing.

Details

MLS #12758228
Listing TypeFor Sale
StyleMulti Family 5+
Sub-TypeResale
StatusActive
Year1874
Days On Site20
Listing Provided ByMilltown Realty, LLC | Katy Gladkin

Features

SQ Feet9,312
Story(s)3
Units12
ZoningMULTI
Acreage0.23

Interior

CoolingNone
Fireplaces Total0

Exterior

Foundation DetailsBlock
Construction MaterialsBrick

Utilities

SewerPublic Sewer

Taxes

Tax Year2025
Tax Annual Amount18328

Area Information

StateIL
CountyRock Island
CityRock Island
Zip Code61201
AreaRock Island
Listing VS Median (in 61201)
Price:
$440,000
low | high
Med:
$129,900
100% of Average
sqft:
9,312
low | high
Med:
1,700
100% of Average
$ / sqft:
$47
low | high
Med:
$76
11.715080213904% of Average
On site:
20
low | high
Med:
89
22.47191011236% of Average
Sourced by Back At You

Market Activity 61201

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Learn More About This Property

StateIL
CountyRock Island
CityRock Island
Zip Code61201
AreaRock Island
Listing VS Median (in 61201)
Price:
$440,000
low | high
Med:
$129,900
100% of Average
sqft:
9,312
low | high
Med:
1,700
100% of Average
$ / sqft:
$47
low | high
Med:
$76
11.715080213904% of Average
On site:
20
low | high
Med:
89
22.47191011236% of Average
Sourced by Back At You
Listing Updated: September 30, 2026 at 11:42:09 AM PDT