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Updated Mixed-Use Building with Rooftop
For Sale
$299,900

1606 2nd Avenue, Rock Island, IL 61201

Renovated commercial space anchors two residential units with updated systems and private rooftop access.

Property SizeContact for details
Days on Market134

Property Features for 1606 2nd Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning COMMR

Taxes and HOA fees

Annual Taxes $4,334

Building Details

Year Built 1920
Buildings 1
Stories 3
Units 3
Tenancy Multi
Listing Agency: Real Broker, LLC
Listed By: Paul-Richard Pierre
Source: Gia-sells
Added: Mar 30 Changed: Aug 7 Last Checked: Aug 9 at 1:18PM

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 Real Broker, LLC

Investment Insights

Based on property information with market context.

This mixed-use building combines a renovated commercial area on the main level with two residential units above. The commercial space includes a newly built bar, ceramic tile flooring, a new bathroom, updated lighting, and a character-rich ceiling. Electrical and plumbing systems were completely updated in 2026, while the property’s zoning is designated COMMR.

The upper level contains two-bedroom, two-bath residences with natural hardwood floors. Unit A measures nearly 1,800 square feet and includes private rooftop access. Unit B is approximately 1,500 square feet and has a newly installed water heater. The building dates to 1920, providing a historic structure with substantial recent improvements across both commercial and residential areas.

Key Highlights

  • Renovated main‑level commercial space with newly built bar, ceramic tile flooring, bathroom, and updated lighting
  • Electrical and plumbing systems completely updated in 2026
  • Two residential units, each with 2 bedrooms and 2 full baths

Property Analytics

Current Use

Art Place (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Storage Facility Auto Parts Store Electrical Service Pharmacy Carpet & Flooring Store Garden Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,005
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?
Mixed-use property - Renovated commercial space anchors two residential units with updated systems and private rooftop access.
Where is this mixed-use property located?
The property is located at 1606 2nd Avenue Rock Island, IL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Renovated main‑level commercial space with newly built bar, ceramic tile flooring, bathroom, and updated lighting; Electrical and plumbing systems completely updated in 2026; Two residential units, each with 2 bedrooms and 2 full baths
More about this property
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