1301-1305 2nd Avenue, Rock Island, IL

$440,000

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0.23

Acres

About 1301-1305 2nd Avenue

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.

Features of 1301-1305 2nd Avenue

MLS® # 12758228
Price $440,000
Bathrooms 0.00
Acres 0.23
Year Built 1874
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active
Taxes $18,328

Community Information

Address 1301-1305 2nd Avenue
Area Rock Island
City Rock Island
County Rock Island
State IL
Zip Code 61201

Amenities

Is Waterfront No
New Construction No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Exterior

Exterior Brick
Foundation Block

Additional Information

Days on Market 7
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMilltown Realty, LLC

Listing Map

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