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Rock Island, IL Multifamily Properties for Sale

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Davenport, IA Moline, IL Bettendorf, IA Milan, IL East Moline, IL Taylor Ridge, IL Coal Valley, IL Eldridge, IA
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Rock Island Apartment Community
Updated: Mar 25
Rock Island Apartment Community

1103 25th Street, Rock Island, IL 61201

$2,700,000
42,000 sqft 1.99 AC lot
High Cap Rate: 8.25%
48‑unit apartment community
Located in Rock Island, part of the Quad Cities MSA (over 400,000 people)
Proximity to Rock Island Arsenal (6,300 employees, city's largest employer)
Close to Augustana College (approximately 2,500 students)
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Mixed-Use Building With Apartments
Updated: Apr 12
Mixed-Use Building With Apartments

1524 38Th Street, Rock Island, IL 61201

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6,000 sqft
6,000 SF mixed‑use building with office, retail, and residential components
3,000 SF of office and retail space on the lower level
Four apartments occupy the upper level
Basement provides dry storage
Ample parking included
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Two-Unit Duplex Property
Two-Unit Duplex Property

806 24th Street, Rock Island, IL 61201

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1,300 sqft

Two-unit residential property with one occupied unit and a vacant unit available for continued rental use or owner occupancy.

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4-Unit Quadplex with PTAC Cooling
4-Unit Quadplex with PTAC Cooling

3907 7th Avenue, Rock Island, IL 61201

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2,400 sqft

Four residential units include separate PTAC systems and a full basement for storage.

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Multifamily Townhome Community
Multifamily Townhome Community

3351 Serenity Place, Rock Island, IL 61201

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80,000 sqft 5.91 AC lot

Thirteen buildings provide individually leased residences with attached two-car garages and designated guest parking.

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Updated Side-by-Side Duplex
Updated Side-by-Side Duplex

Rock Island, IL 61201

$99,900

Two-unit residential property with refreshed interiors, laundry connections, attic storage, and rear parking.

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Two-Unit Duplex with Alley Parking
Two-Unit Duplex with Alley Parking

Rock Island, IL 61201

$90,000

Two-unit residential income property with one occupied apartment, a second available unit, and tenant-paid utilities.

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Retail and Residential Income Property
Retail and Residential Income Property

4401 11th St, Rock Island, IL 61201

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Mixed-use income property with leased commercial space and residential units, totaling 4,560 and 1,520 SF respectively.

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Duplex Residential Property
Duplex Residential Property

Rock Island, IL 61201

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Two-unit property located in Rock Island near Augustana College.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

1821-1829 2ND Avenue, Rock Island, IL 61201

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Four commercial spaces occupy the main level, with eight apartments arranged across the upper floors.

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Two-Unit Duplex
Two-Unit Duplex

1600 12TH Avenue, Rock Island, IL 61201

$80,000

A 1921 residential property with two separate living units.

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39-Unit Apartment Property
39-Unit Apartment Property

2920 24th St, Rock Island, IL 61201

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Individual air-conditioning sleeves, boiler heat, and on-site laundry support the varied unit mix.

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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 12 Active listings in Rock Island, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated Brick Mixed-Use Property
Renovated Brick Mixed-Use Property

702-704 18th Ave, Moline, IL 61265

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4,190 sqft

Fully occupied building combines commercial suites with updated residential units.

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Renovated Brick Mixed-Use Building
Renovated Brick Mixed-Use Building

706 18th Ave, Moline, IL 61265

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11,500 sqft

Two lower-level commercial spaces accompany three upstairs apartments in a recently updated building.

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Historic Six-Story Apartment Building
Historic Six-Story Apartment Building

511 Pershing Ave, Davenport, IA 52803

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84,444 sqft

Renovated loft residences offer varied layouts, exposed brick, reclaimed wood islands, and stainless steel appliances.

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55-Unit Riverfront Apartment Building
55-Unit Riverfront Apartment Building

400 W River Dr, Davenport, IA 52801

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Newly built downtown apartments feature private balconies, covered parking, and Mississippi River views from every residence.

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Off-Market Properties in Rock Island, IL

Consider similar Off-Market properties in Rock Island, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2104 36Th St
Multifamily properties

2104 36Th St, Rock Island, IL 61201

Value Estimation by Request
3,376 sqft
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702 20Th Street Ct
Multifamily properties

702 20Th Street Ct, Rock Island, IL 61201

Value Estimation by Request
View details

Rock Island, IL Multifamily Properties Market Trends and Statistics

Explore 14 multifamily properties for sale in Rock Island, IL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 131,700 square feet of properties for sale, with an estimated market value of $2,969,900.

Sale prices for multifamily properties in Rock Island, IL start at $80,000, averaging $742,475, and reaching up to $2,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 6
Apartment buildings 4

Demographics Overview

Population 37K
Population Growth (5Y) -2.8%
Median Household Income $57,260
College Educated 10.6%

High-Yield Neighborhoods for Investment

Identify Rock Island submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61201 $713.8K

Taxes & Financing

Tax Rate (average for all types) 10.23%
Property Tax per SF $79.02 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Rock Island County

New Delisted

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