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12-Unit Brick Apartment Building
For Sale
$440,000

1305 2nd Avenue, Rock Island, IL 61201

Each apartment includes a private deck with views of the Mississippi River and Centennial Bridge.

Property Size9,312 SF
Price / SF$47.25
Days on Market15

Property Features for 1305 2nd Avenue

General Information

Standard status Active
Size 9,312 SF
Property subtype Commercial

Units

Unit Mix 12 x 1BR/1BA
Multifamily Units 12

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $18,328

Amenities

private decks

Building Details

Building Size 9,312 SF
Year Built 1874
Buildings 1
Stories 3
Units 12
Construction brick
Listing Agency: Rainmaker Collective - Real Broker, LLC
Listed By: Bobby Bunch
Source: Gia-sells
Added: Aug 6 Changed: Aug 14 Last Checked: Aug 20 at 3:03PM

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 Rainmaker Collective - Real Broker, LLC

Investment Insights

Based on property information with market context.

This 12-unit apartment building contains twelve 1-bedroom, 1-bath residences within a brick structure supported by a block/stone foundation. Every unit has a private deck with views toward the Mississippi River and Centennial Bridge. Apartments are heated without central air conditioning, while the masonry exterior offers a durable, lower-maintenance building envelope. The property contains 9,312 square feet and was built in 1874.

Situated at 1305 2nd Avenue in Rock Island, the building is minutes from downtown Rock Island, Arsenal Island, shopping, restaurants, public transportation, and major employers. The address also places residents near the Mississippi River and the bridge views highlighted by the private outdoor spaces. Showings require 48 hours notice.

Key Highlights

  • 12‑unit apartment building with twelve 1‑bedroom, 1‑bath residences
  • 9,312 square feet; built in 1874
  • Private deck provided for every unit

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Storage Facility Electrical Service Pharmacy Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

909
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Each apartment includes a private deck with views of the Mississippi River and Centennial Bridge.
Where is this apartment building located?
The property is located at 1305 2nd Avenue Rock Island, IL.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 12‑unit apartment building with twelve 1‑bedroom, 1‑bath residences; 9,312 square feet; built in 1874; Private deck provided for every unit
More about this property
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