Search
Triplex with Separate Utilities
For Sale
Contact for pricing

1038 20th Street, Rock Island, IL 61201

Triplex with three 2-bedroom units, separately metered, including appliances and off-alley parking under a covered carport.

Days on Market48

Property Features for 1038 20th Street

General Information

Standard status Active
Total Parking Spaces 3
Property subtype Multifamily
Occupancy 33%

Additional Details

Multifamily Units 3

Amenities

hardwood floors
finished basement rec room
central air
separately metered
covered carport

Building Details

Year Built 1962
Listing Agency: RE/MAX Concepts
Listed By: Richard Bassford
Source: Crexi
Added: Jun 14 Changed: Jul 22 Last Checked: Jul 23 at 6:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Concepts

Investment Insights

Based on property information with market context.

This triplex includes three separate residential units, each with two bedrooms and one full bathroom. Hardwood floors are featured in the bedrooms, and each unit includes a finished basement rec room with an egress window. Appliances, including washers and dryers, are included in all three units. Unit 3 has been recently updated with new carpet and fresh paint.

The property is built with a brick exterior and offers off-alley parking with a covered 3-car carport. All units are separately metered and include their own central air unit, water heater, gas meter, and electric meter.

Two of the units are currently vacant and ready for occupancy, while one unit is occupied and generating rental income.

Key Highlights

  • Triplex built in 1962 with three separate 2‑bedroom units (2BR/1BA each)
  • Two units are vacant and ready for occupancy; one unit is currently occupied and generating rental income
  • Each unit has its own central air, water heater, gas meter, and electric meter

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
33.3%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,039
Businesses Nearby

Demographics for 61201, IL

37,366
Population
17,459
Households
2.1
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
17.9 sq mi
ZIP Area
2,087
Density / Sq Mi
$57,260
Median Household Income
$34,541
Median Earnings
$822
Median Rent
$118,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Triplex with three 2-bedroom units, separately metered, including appliances and off-alley parking under a covered carport.
Where is this triplex located?
The property is located at 1038 20th Street Rock Island, IL.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Triplex built in 1962 with three separate 2‑bedroom units (2BR/1BA each); Two units are vacant and ready for occupancy; one unit is currently occupied and generating rental income; Each unit has its own central air, water heater, gas meter, and electric meter
(563) 332-9900 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message