12-Unit Apartment
For Sale
$425,000
1301-1305 2nd Avenue, Rock Island, IL 61201
Six garages accompany the residences, with connections to Highway 92, I-280, and the Centennial Bridge.
Property Size9,312 SF
Price / SF$45.64
Days on Market41
Property Features for 1301-1305 2nd Avenue
General Information
Standard status
Active
Size
9,312 SF
Total Parking Spaces
6
Property subtype
Commercial
Zoning
MULTI
Units
Unit Mix
12 x 1BR/1BA, utilities_to_site:null, year_built:null, year_renovated:null, zoning:null
Multifamily Units
12
Additional Details
Gross Income
$75,420
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$18,328
Building Details
Building Size
9,312 SF
Year Built
1874
Stories
3
Units
12
Listing Agency:
Milltown Realty, LLC
Listed By:
Katy Gladkin
(309) 517-1182
Source:
Fishmangroup
Added: Sep 14
Changed: Oct 23
Last Checked: Oct 23 at 3:49PM
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 Milltown Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 9,312-square-foot apartment property contains 12 one-bedroom, one-bathroom units and six garages. Three apartments are vacant. The building dates to 1874 and is zoned MULTI. Several tenants have occupied units long term, including one with a 25-year tenancy.
The property is at 1301-1305 2nd Avenue in Rock Island, with access to the Centennial Bridge, Highway 92, and I-280. Downtown Davenport and downtown Rock Island are also accessible from the property. Tenants pay water and sewer; the owner covers gas, electricity, and garbage.
The property is at 1301-1305 2nd Avenue in Rock Island, with access to the Centennial Bridge, Highway 92, and I-280. Downtown Davenport and downtown Rock Island are also accessible from the property. Tenants pay water and sewer; the owner covers gas, electricity, and garbage.
Key Highlights
- 12 one‑bedroom, one‑bathroom apartments
- Six garages on the property
- 9,312 square feet; built in 1874
Property Analytics
Lease Details
12
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
909
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
Frequently Asked Questions
What type of property is this?
Apartment building - Six garages accompany the residences, with connections to Highway 92, I-280, and the Centennial Bridge.
Where is this apartment building located?
The property is located at 1301-1305 2nd Avenue Rock Island, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 12 one‑bedroom, one‑bathroom apartments; Six garages on the property; 9,312 square feet; built in 1874
