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Rock Island, IL Apartment Buildings for Sale

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Davenport, IA Moline, IL Bettendorf, IA Milan, IL East Moline, IL Taylor Ridge, IL Coal Valley, IL Silvis, IL
Rock Island Apartment Community
Updated: Mar 25
Rock Island Apartment Community

1103 25th Street, Rock Island, IL 61201

$2,700,000
42,000 sqft 1.99 AC lot
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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12-Unit Brick Apartment Building
Updated: Aug 6
12-Unit Brick Apartment Building

1305 2nd Avenue, Rock Island, IL 61201

$440,000
9,312 sqft
12‑unit apartment building with twelve 1‑bedroom, 1‑bath residences
9,312 square feet; built in 1874
Private deck provided for every unit
Mississippi River and Centennial Bridge views
Brick exterior with block/stone foundation
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Mixed-Use Downtown Income Property
Mixed-Use Downtown Income Property

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

Contact for pricing
9,600 sqft

Downtown Rock Island mixed-use building with storefront office/retail suites plus apartments across multiple upper floors.

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12-Unit Apartment Building
12-Unit Apartment Building

529 31st Street, Rock Island, IL 61201

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One-bedroom residences with off-street parking near Augustana College support a practical multifamily configuration.

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 4 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

Opportunities in Nearby Cities

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

Apartment Building for Sale
Apartment Building for Sale

301 30th Ave Court, Moline, IL 61265

$474,900
28,564 sqft

Apartment building offered for sale with a total property size of 28,564.

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Multifamily Apartment Building
Multifamily Apartment Building

1004 COLLEGE Avenue, Davenport, IA 52803

Contact for pricing
5,500 sqft

Apartment property offering one 3-bedroom unit, multiple studios, and 1-bedroom units with off-street parking and garages.

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

413 W 6TH Street, Davenport, IA 52803

Contact for pricing
5,456 sqft 0.26 AC lot

Fully occupied commercial property near downtown and Palmer College.

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Downtown Mixed-Use Investment Property
Downtown Mixed-Use Investment Property

1601-1605 5th Avenue, Moline, IL 61265

$999,000

Three-story mixed-use building with two ground-floor commercial units and six fully leased residential units above.

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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
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702 20Th Street Ct
Multifamily properties

702 20Th Street Ct, Rock Island, IL 61201

Value Estimation by Request
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Rock Island, IL Apartment Buildings Market Trends and Statistics

Explore 6 apartment buildings for sale in Rock Island, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 60,912 square feet of properties for sale, with an estimated market value of $3,140,000.

Sale prices for two-family homes in Rock Island, IL start at $440,000, averaging $1,570,000, and reaching up to $2,700,000 — 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
61201 $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%

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