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Fully Rented Multifamily Property
For Sale
$199,000

1930 9th Street, Rock Island, IL 61201

One-bedroom units offer hardwood floors, natural light, and tenant-paid electric utilities.

Property Size4,800 SF
Days on Market64

Property Features for 1930 9th Street

General Information

Standard status Active
Size 4,800 SF
Property subtype Commercial
Occupancy 100%

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $3,619

Building Details

Building Size 4,800 SF
Year Built 1932
Stories 2
Units 8
Listing Agency: Epique Realty Inc
Listed By: Bryce Bowers · License #475197774
Source: Cavanaghrealty
Added: Jun 10 Changed: Aug 8 Last Checked: Aug 11 at 1:57PM

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 Epique Realty Inc

Investment Insights

Based on property information with market context.

Built in 1932, this multifamily property is fully rented and arranged with compact one-bedroom units. Interior features include hardwood flooring and abundant natural light, while tenants pay their own electric utilities. The established rental history and straightforward utility structure provide concrete operating characteristics for review.

The building occupies a level corner lot at 1930 9th Street in Rock Island, IL 61201. Public transit access is nearby, along with local shopping, dining, and regional schools. Showing activity requires 24-hour notice, and the property is investor-owned.

Key Highlights

  • Fully rented multifamily property with compact one‑bedroom units
  • Hardwood floors and abundant natural light throughout the layouts
  • Tenants pay their own electric utilities

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Parking Lot & Garage Skin Care Clinic

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

285
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?
Multifamily property - One-bedroom units offer hardwood floors, natural light, and tenant-paid electric utilities.
Where is this multifamily property located?
The property is located at 1930 9th Street Rock Island, IL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Fully rented multifamily property with compact one‑bedroom units; Hardwood floors and abundant natural light throughout the layouts; Tenants pay their own electric utilities
More about this property
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