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    Rock Island, IL Apartment Buildings for Sale

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    Davenport, IA Moline, IL Bettendorf, IA
    Rock Island Apartment Community
    Updated: Mar 25
    Rock Island Apartment Community

    1103 25th Street, Rock Island, IL 61201

    $2,900,000
    42,000 sqft
    High Cap Rate: 8.25%
    48‑unit apartment community
    Located in Rock Island, part of the Quad Cities MSA (over 400,000 people)
    Proximity to Rock Island Arsenal (6,300 employees, city's largest employer)
    Close to Augustana College (approximately 2,500 students)
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    Mixed-Use Downtown Income Property
    Updated: Jun 12
    Mixed-Use Downtown Income Property

    1821-1823 2nd Ave, Rock Island, IL 61201

    $624,900
    9,600 sqft
    Mixed‑use downtown Rock Island building with 2 commercial storefronts and 8 apartments across the upper floors
    Main level features 2 office/retail suites; both are gross leases with utilities included
    Apartment mix totals 8 units: two 1BR/1BA units and six 2BR/1BA units
    Most leases are month‑to‑month, with one commercial lease expiring in August 2026
    Apartment residents pay gas and electricity
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    Downtown Rock Island Mixed-Use Building
    Downtown Rock Island Mixed-Use Building

    1608 2ND Avenue, Rock Island, IL 61265

    $200,000
    5,412 sqft

    Three-story building with retail, restaurant space and upper-level apartments.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Rock Island, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Davenport Eleven-Unit Investment Property
    Davenport Eleven-Unit Investment Property

    413 W 6TH Street, Davenport, IA 52803

    $259,000
    5,456 sqft · 0.26 AC lot

    Fully occupied commercial property near downtown and Palmer College.

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    100-Unit Multifamily Portfolio in Iowa
    100-Unit Multifamily Portfolio in Iowa

    1215 East 11th Street, Davenport, IA 52803

    $5,795,000
    67,196 sqft

    Multifamily portfolio in Davenport and Bettendorf, Iowa. 100 units.

    View details
    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    1320 5TH Avenue, Moline, IL 61265

    $1,350,000
    27,840 sqft

    Moline mixed-use building featuring a restaurant and apartments.

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    Downtown Moline Mixed-Use Redevelopment Opportunity
    Downtown Moline Mixed-Use Redevelopment Opportunity

    1409 5TH Avenue, Moline, IL 61265

    $349,000
    24,000 sqft

    Four-story, 24,000 SF mixed-use building in thriving downtown corridor.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Development Land, Springfield MO
    Prime Development Land, Springfield MO

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2 acres of retail-zoned land for mixed-use development.

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    Norman Land For Luxury Condos
    Norman Land For Luxury Condos

    801 NW 36th Avenue, Norman, OK 73072

    $285,000
    0.74 AC lot

    Prime Norman land suitable for luxury condos development.

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    Buildable Lot for Luxury Condos
    Buildable Lot for Luxury Condos

    801 36th Ave NW, Norman, OK 73072

    $285,000
    0.74 AC lot

    0.74 acre buildable lot zoned for low-density apartments.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Off-Market Properties in Rock Island, IL

    Consider similar Off-Market properties in Rock Island, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2104 36Th St
    Multifamily properties

    2104 36Th St, Rock Island, IL 61201

    Value Estimation by Request
    3,376 sqft
    View details
    702 20Th Street Ct
    Multifamily properties

    702 20Th Street Ct, Rock Island, IL 61201

    Value Estimation by Request
    View details

    Rock Island, IL Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Rock Island, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 57,012 square feet of properties for sale, with an estimated market value of $3,724,900.

    Sale prices for two-family homes in Rock Island, IL start at $200,000, averaging $1,241,633, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 37K
    Population Growth (5Y) -2.8%
    Median Household Income $57,260
    College Educated 10.6%

    High-Yield Neighborhoods for Investment

    Identify Rock Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Moline $200K
    Rock Island $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 10.23%
    Property Tax per SF $79.02 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rock Island County

    New Delisted

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    Most Searched ZIP Codes in Rock Island, IL

    • 61201
    • 61265

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