2104 36Th St Rock Island, IL 61201

Property Details for 2104 36Th St

Year built

1956

Property size

3,376 SF

Property type

Commercial real estate

APN

16-01-443-002

Description

This well-maintained four-unit apartment building presents a compelling investment opportunity in Rock Island, Illinois. Located at 2104 36th Street, this brick structure boasts a total of 3,376 square feet and offers ample parking with eight spaces, including covered off-street parking and convenient on-street options. Built in 1956, the property features four units, each equipped with two bedrooms, a full bathroom, a spacious living room, and a large eat-in kitchen. Residents enjoy shared laundry facilities and individual private storage located in the basement. Recent improvements include a roof replacement (on the building and garage) within the last two years, and updated siding on the carport. The property's strong financial performance is evidenced by a Net Operating Income (NOI) of $23,194, making it an attractive addition to any investment portfolio. The asking price is $292,500, and the property's APN is 16-01-443-002. This property is situated in Rock Island County, Illinois, with a zip code of 61201. Its prime location and desirable features make it an excellent choice for both seasoned investors and those new to the multifamily market. The property's solid construction and recent updates ensure minimal maintenance needs, maximizing potential returns. This is a turnkey investment ready for immediate income generation.