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    1600 2Nd Ave Rock Island, IL 61201

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    For Sale
    $285,000

    Three-story building in downtown Rock Island with river views.

    Property size:
    41,600 SF
    Lot size:
    0.23 Acres

    Property Features for 1600 2Nd Ave

    General Information

    Size
    41,600 SF
    Lot size
    0.23 Acres

    Source: Mel Foster Commercial Real Estate Services LLC Agent Margery Stratton, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Rock Island Three-Story Building

    Located in downtown Rock Island, this three-story building offers views of the river from its upper floors. The building features an original staircase in the center, as well as the original elevator. Recent repairs include fixing the parapet wall and tuck pointing. The property is being sold in "AS IS" condition. The property size is 41600 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Quad Cities Harm ... Non-Profit Organization Kinza Zenabu Piano ... Music Instructor Sound Conservatory Music Store

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Law Firm Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rock Island
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.577299
    Latitude
    41.510477

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    FAQs

    What type of property is this?
    Office building - Three-story building in downtown Rock Island with river views.
    Where is this office building located?
    The property is located at 1600 2Nd Ave Rock Island, IL.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Downtown Rock Island location; - River view from upper floor; - Original staircase
    (563) 650-8458
    Request Owner's contact information
    1600 2Nd Ave Rock Island, IL 61201
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    Rock Island, IL 61201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1600 2Nd Ave Rock Island, IL 61201
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