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18-Unit Brick Apartment Portfolio
For Sale
$1,200,000

2505 15th St, Rock Island, IL 61201

Three brick buildings offer on-site laundry, detached garages, and additional off-street parking.

Property SizeContact for details
Days on Market13

Property Features for 2505 15th St

General Information

Standard status Active

Units

Unit Mix 9 x 2BR, 6 x 1BR, 3 x efficiency
Multifamily Units 18

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $28,500

Amenities

on-site laundry

Building Details

Buildings 3
Construction brick
Listing Agency: KW 1Advantage
Listed By: Brody Gober
Source: Exprealty
Added: Oct 12 Changed: Oct 23 Last Checked: Oct 23 at 5:49PM

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 KW 1Advantage

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Investment Insights

Based on property information with market context.

This Rock Island apartment portfolio comprises three brick buildings, each configured as a six-unit property, for 18 apartments overall. The unit mix includes nine two-bedroom units, six one-bedroom units, and three efficiencies. Roofs on all three buildings were replaced following full tear-offs in September 2024.

Each building has a detached four-car garage, with additional off-street parking and on-site laundry. The properties are located near schools, hospitals, shopping, parks, and public transportation. The package includes 2505, 2513, and 2514 15th Street and is being offered together.

Key Highlights

  • 18 apartments across three brick six‑unit buildings
  • Unit mix: 9 two‑bedroom apartments, 6 one‑bedroom apartments, and 3 efficiencies
  • All three roofs replaced after tear‑offs in September 2024

Property Analytics

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Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

750
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Three brick buildings offer on-site laundry, detached garages, and additional off-street parking.
Where is this apartment building located?
The property is located at 2505 15th St Rock Island, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 18 apartments across three brick six‑unit buildings; Unit mix: 9 two‑bedroom apartments, 6 one‑bedroom apartments, and 3 efficiencies; All three roofs replaced after tear‑offs in September 2024
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