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    1710 2Nd Ave Rock Island, IL 61201

    Sponsored
    For Sale
    $400,000

    Prime Retail Land, 22,500 SF Building

    Property size:
    22,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 1710 2nd Avenue in Rock Island, Illinois, presents a unique investment opportunity. The 0.19-acre lot features a substantial 22,500 square foot building constructed in 1920, currently zoned B-2. The building's versatile layout includes a ground floor that previously housed a restaurant, offering significant potential for redevelopment or repurposing. The upper floors comprise two apartments each on the second and third levels, providing additional income streams or residential conversion possibilities. A full basement adds further storage and utility space. The property's location within the Rock Island district offers excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The asking price is $400,000. This is a rare chance to acquire a sizable commercial property with significant upside potential in a desirable location. The property's history and existing structure offer a solid foundation for a range of future uses, from retail and restaurant to residential or mixed-use development. Serious inquiries are encouraged to explore the possibilities of this prime Rock Island commercial property. The property is situated in zip code 61201, Rock Island County, Illinois.

    Property Features for 1710 2Nd Ave

    General Information

    Property type
    Retail properties
    Square Feet
    22,500 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1920
    Buildings
    1

    HighLights

    • Prime Rock Island, IL commercial property at 1710 2nd Avenue, 61201.
    • 22,500 SF building on a 0.19‑acre lot, zoned B‑2.
    • Built in 1920, featuring a former ground‑floor restaurant, two upper‑floor apartments, and a full basement.
    • $400,000 asking price.
    • Excellent visibility and accessibility in a desirable Rock Island location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rock Island
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.575565
    Latitude
    41.51073

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Land, 22,500 SF Building
    Where is this retail property located?
    The property is located at 1710 2Nd Ave Rock Island, IL.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Prime Rock Island, IL commercial property at 1710 2nd Avenue, 61201.; 22,500 SF building on a 0.19-acre lot, zoned B-2.; Built in 1920, featuring a former ground-floor restaurant, two upper-floor apartments, and a full basement.
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    1710 2Nd Ave Rock Island, IL 61201
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    Rock Island, IL 61201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1710 2Nd Ave Rock Island, IL 61201
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