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Property profile & analytics

1704 2Nd Ave Rock Island, IL 61201

  • Commercial real estate
  • 3,650 SF
Value Estimation
$250,000
Location Intelligence
Property ID
US28-0552963
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1704 2Nd Ave

Year built
1870
Property size
3,650 SF
Zone code
RI
Property type
Commercial real estate
APN
07-35-204-002
APU
735204002

Description

This exceptional 3,650 square foot retail space, located at 1704 2nd Avenue in Rock Island, Illinois, presents a unique investment opportunity. The property, situated in the heart of downtown Rock Island, boasts a rich history as a former bar and nightclub, offering immense potential for a variety of commercial uses. Built in 1870, this 2 ½-story building is zoned B-2, providing flexibility for diverse business ventures. The entire 3,650 square feet is currently vacant, allowing for complete customization to suit your specific needs. The property features one suite within a single building and includes no on-site parking. The APN is 07-35-204-002 in Rock Island County (IL). This property is available for lease at a gross monthly rate of $2,000. Alternatively, the entire building is also available for purchase at $199,500. This presents a rare chance to acquire a substantial commercial property in a vibrant downtown area with significant redevelopment potential. The property's location in the 61201 zip code offers excellent visibility and accessibility.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $250,000
  • CAP approach

    CAP return
    Estimation
    6%
    $260,000
    6.5%
    $240,000
    7%
    $235,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $240,000
    Geo Method
    $235,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $270,000
    Retail
    $245,000
    Mixed-Use
    $220,000
    Hospitality
    $240,000
    Educational
    $255,000
    Residential Income
    $255,000
    Energy
    $270,000
    Income-Based Land
    $255,000
    Food Service
    $210,000

Location Insight

  • Map
  • Local Demand
City
Rock Island
County
Rock Island
State
Illinois
Longitude
-90.5757
Latitude
41.5108
CBSA code
19340
CBSA name
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,373
$5,386
$50,256
$55,642
-
$16,158
$150,768
$166,926
More about this property
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