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    Rock Island, IL Multifamily Properties for Sale

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    Davenport, IA Moline, IL Bettendorf, IA
    Rock Island Apartment Community
    $2,900,000
    42,000 SF

    Rock Island Apartment Community

    1103 25th Street, Rock Island, IL 61201

    48-unit apartment community in Rock Island, Illinois.

    • 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)
    Updated: Mar 25
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    Turnkey Multifamily Property in Rock Island
    $79,900
    1,407 SF

    Turnkey Multifamily Property in Rock Island

    1600 9TH Street, Rock Island, IL 61201

    Fully occupied duplex with recent upgrades and positive cash flow.

    • Fully occupied and turnkey property, ready for immediate income.
    • Two units provide rental income: a 2‑bed unit ($800) and a 1‑bed unit ($700).
    • All repairs are completed and the building is up to code.
    • Tenants pay for electric.
    • Brand new baseboard heating.
    Updated: Dec 2, 2025
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    Downtown Rock Island Mixed-Use Building
    $200,000
    5,412 SF

    Downtown Rock Island Mixed-Use Building

    Three-story building with retail, restaurant space and upper-level apartments.

    1608 2ND Avenue, Rock Island, IL 61265
    View details
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Historic Multifamily Project in Davenport
    $1,800,000
    25,664 SF

    Historic Multifamily Project in Davenport

    Partially renovated multifamily property in excellent downtown location.

    401 West 4th Street, Davenport, IA 52801
    View details
    Mixed-Use Building with Restaurant
    $1,350,000
    27,840 SF

    Mixed-Use Building with Restaurant

    Moline mixed-use building featuring a restaurant and apartments.

    1320 5TH Avenue, Moline, IL 61265
    View details
    Downtown Moline Mixed-Use Redevelopment Opportunity
    $349,000
    24,000 SF

    Downtown Moline Mixed-Use Redevelopment Opportunity

    Four-story, 24,000 SF mixed-use building in thriving downtown corridor.

    1409 5TH Avenue, Moline, IL 61265
    View details
    Mixed-Use Building with Income Potential
    $289,000
    5,670 SF

    Mixed-Use Building with Income Potential

    Three-story, fully occupied mixed-use building with office and apartments.

    1115 W 3RD Street, Davenport, IA 52802
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
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    Land For Sale, Lakemoor, IL
    Contact for pricing
    0.12 Acres

    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051
    View details
    Lake Thunderhead Camper Lot
    $127,900
    0.34 Acres

    Lake Thunderhead Camper Lot

    Camper lot at Lake Thunderhead, steps from water and amenities.

    24114 Arrow Wood Court, Unionville, MO 63565
    View details
    University Park Developable Land
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
    View details

    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
    3,376 SF
    Value Estimation by Request

    2104 36Th St, Rock Island, IL 61201

    View details
    702 20Th Street Ct
    Multifamily properties
    Value Estimation by Request

    702 20Th Street Ct, Rock Island, IL 61201

    View details

    Rock Island, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 5 multifamily properties for sale in Rock Island, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 48,819 square feet of properties for sale, with an estimated market value of $3,179,900.

    Sale prices for multifamily properties in Rock Island, IL start at $79,900, averaging $1,059,966, and reaching up to $2,900,000 — 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

    Apartment buildings 2
    Duplexes 1

    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 median listing prices of real estate assets

    Neighborhood Average Price
    Moline $200K
    Rock Island $1.5M

    Taxes & Financing

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

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    • 61201
    • 61265

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