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    2525 24Th St Rock Island, IL 61201

    Sponsored
    For Lease
    $9 SF/Yr

    Prime Rock Island Office Building, Ample Parking

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, Regency Plaza, located at 2525 24TH Street, Rock Island, IL 61201, presents a unique investment opportunity. The single-tenant building, encompassing 2,000 square feet, sits on a land parcel with APN 16-12-103-003 and is zoned O1. Ideal for general office use, the space boasts a well-designed layout including private offices, a dedicated conference room, and ample workstations to accommodate a variety of business needs. The property features convenient off-street parking, a significant advantage for employees and clients alike. Its strategic location across from Trinity West provides excellent visibility and accessibility. The building consists of one structure with a single suite, making it an easily managed and efficient space. This property is perfect for a business seeking a well-maintained, functional office space in a desirable Rock Island location. The property's single-tenant occupancy simplifies management and provides a stable income stream. Serious inquiries are encouraged to explore this promising commercial real estate opportunity. The property's address is easily accessible and offers a convenient location for employees and clients.

    Property Features for 2525 24Th St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    2,000 SF
    Rate per SF
    $9

    HighLights

    • 2,000 SF single‑tenant office building in Rock Island, IL.
    • Located at 2525 24th Street, APN 16‑12‑103‑003, zoned O1.
    • Features private offices, conference room, and ample workstations.
    • Offers convenient off‑street parking and high visibility across from Trinity West.
    • Well‑maintained, easily managed property with stable income potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Trinity Health Hospital Dr. Ajay Labroo, ... Cardiologist Mazur Alexander MD Doctor Regancy Plaza Shopping Mall

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -90.5666786
    Latitude
    41.4838945

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Rock Island Office Building, Ample Parking
    Where is this office property / space located?
    The property is located at 2525 24Th St Rock Island, IL.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 2,000 SF single-tenant office building in Rock Island, IL.; Located at 2525 24th Street, APN 16-12-103-003, zoned O1.; Features private offices, conference room, and ample workstations.
    Request Owner's contact information
    2525 24Th St 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
    2525 24Th St Rock Island, IL 61201
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