1724 4Th Ave Rock Island, IL 61201
This meticulously maintained, historic downtown office building in Rock Island County offers a unique opportunity for a coworking space or similar business. The property boasts a total of 29,190 square feet, with flexible space options ranging from a minimum of 10,000 contiguous square feet up to the entire building. Currently, the entire 29,190 square feet is vacant, presenting a blank canvas for a new tenant to customize. The building sits on a 0.97-acre lot and includes a significant advantage: 69 on-site parking spaces, a rare find in a bustling downtown area. Convenient access is further enhanced by a rear entry with roll-up doors, ideal for loading and unloading. The building also features a basement, offering additional storage or potential for expansion. This is a turnkey opportunity to establish a thriving coworking space in a highly desirable location. The building's history and character combine with modern convenience to create an exceptional workspace. The property is available for sale and offers significant potential for a savvy investor or business owner. The multiple tenancy option allows for flexibility in leasing arrangements.
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Rock Island Grand Prix Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.