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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

120 16 1/2 St Rock Island, IL 61201

Built 1920
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1920
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
Current use
Occupant on record · Public records
  • The Neppl Law Centre Law Firm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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