1020 S Gilbert St, Iowa City, IA 52240
- Added:
- Jun 15, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 16 at 5:06 pm
Property Features for 1020 S Gilbert St
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- CI1 RFC
- Standard status
- Active
- APN
- 1015301006, 1015301007
- Lot size
- 0.55 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4914
Building Details
- Architectural style
- Other
Listing agent Jeff Edberg (319) 331-6187
Listing office Lepic-Kroeger, REALTORS 2346 MORMON TREK BLVD, Iowa City, IA (319) 351-8811
Listing date Jun 15, 2026
Copyright © 2026 Iowa City Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Riverfront Crossing District development site at 1020 Gilbert St & 320 First St in Iowa City.
- Approximately 0.55‑acre site offered at $1,700,000 (about $71/SF).
- Zoning incentives support dense, mixed‑use development with ground‑floor commercial and apartments/condos above up to 6–7 stories.
- Garage currently used by the owner occupies the property, with immediate redevelopment and no tenant relocation concerns mentioned.
- Contiguous assemblage available with the parcel to the north for a combined 1.13‑acre development site at $3,500,000 total.
- Access from the south via First Street; positioned near entertainment, dining, shopping, and public transportation, minutes from downtown and the University of Iowa.
Overview
Access is described as convenient from the south via First Street. The site is positioned near entertainment, dining, shopping, and public transportation, and the remarks note it is minutes from downtown and the University of Iowa campus.
For developers and builders, the site offers a mixed-use redevelopment opportunity consistent with the stated CI1 RFC framework, including the possibility of ground-floor uses alongside apartments or condominiums above. The property is also described as an assemblage opportunity with a contiguous parcel to the north to create a combined 1.13-acre development site.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Iowa City
- County
- Johnson
- State
- Iowa
- Longitude
- -91.531666
- Latitude
- 41.648593