You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

2400 Kennedy Dr East Moline, IL 61244

2.67 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.67-acre commercial land parcel, located at 2400 Kennedy Drive in East Moline, Illinois, presents a unique development opportunity. Currently zoned R-3, this property is ideally suited for multi-family construction. The site comprises three parcels, offering flexibility in design and development. Approximately 1.4 acres are buildable, providing ample space for a substantial project. The remaining acreage is suitable for parking or green space, enhancing the overall appeal and functionality of the development. Situated conveniently just south of Hillcrest Elementary School, this location benefits from excellent visibility and accessibility. The City of East Moline is proactively engaged and willing to collaborate with developers, potentially offering flexibility regarding setback reductions to streamline the development process. A survey of the property is readily available upon request, providing detailed information for comprehensive planning. This prime location, combined with its favorable zoning and the city's cooperative approach, makes this a highly attractive investment for developers seeking a promising multi-family project in a desirable East Moline neighborhood. The asking price for this exceptional opportunity is $295,000. The zip code is 61244, and the property is located in Rock Island County.

Property profile
Verified
Property type Land
Lot 2.67 ac (116,305 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2400 Kennedy Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message