120 16 1/2 St Rock Island, IL 61201
This exceptional 3,521 square foot commercial property, located at 120 16 1/2 Street in Rock Island, Illinois, presents a fantastic opportunity for a variety of businesses. Situated in the heart of Rock Island's vibrant downtown area, this property offers unparalleled visibility and accessibility. Built in 1920, the single building boasts a versatile layout suitable for commercial, executive office, flex, or medical office uses. The property's classification includes industrial, land, office, and retail designations, providing flexibility for diverse business needs. The building benefits from a recently installed rooftop HVAC unit, added in 2021, ensuring efficient and comfortable climate control. With its prime location and adaptable space, this property is ideal for businesses seeking to establish or expand their presence in a thriving downtown environment. The property's zip code is 61201, and it is located in Rock Island County. The asking price for this exceptional opportunity is $239,900. This property offers many possibilities for the right buyer.
-
The Neppl Law Centre Law Firm
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
Similar Nearby for Lease
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.