Rock Island Apartment
For Sale
$2,700,000
1103 25th Street, Rock Island, IL 61201
48-unit apartment community in Rock Island, Illinois.
Property Size42,000 SF
Lot Size1.99 Acres
Price / SF$64.29
Days on Market149
Property Features for 1103 25th Street
General Information
Standard status
Active
Size
42,000 SF
Lot size
1.99 Acres
Property subtype
Multifamily
Listing Agency:
(515) 415-6111
Listed By:
Ray Hamilton
(515) 415-6111
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Aug 20 at 9:57AM
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 Ray Hamilton
Investment Insights
Based on property information with market context.
The Woodland Grove Apartments, located in Rock Island, Illinois, presents an opportunity to acquire a 48-unit apartment community. Rock Island is part of the Quad Cities MSA, encompassing over 400,000 people. The property, constructed in 1966, has a gross building area of 42,000 square feet and is situated on a 1.99-acre parcel. The unit mix includes 8 studio apartments, 24 one-bedroom/one-bathroom units, 8 two-bedroom/one-bathroom units, and 8 two-bedroom/two-bathroom units. Rock Island is home to Rock Island Arsenal, a large military installation and the city’s largest employer with 6,300 employees, located two miles north of the property. Augustana College, with an enrollment of approximately 2,500 students, is also located in Rock Island, less than one mile from the property.
Key Highlights
- High Cap Rate: 8.25%
- 48‑unit apartment community
- Located in Rock Island, part of the Quad Cities MSA (over 400,000 people)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
665
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 48-unit apartment community in Rock Island, Illinois.
Where is this apartment building located?
The property is located at 1103 25th Street Rock Island, IL.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: High Cap Rate: 8.25%; 48‑unit apartment community; Located in Rock Island, part of the Quad Cities MSA (over 400,000 people)
