1720 2Nd Ave Rock Island, IL 61201
- Commercial real estate
- 5,860 SF
Current Use by Public Records
- ATM / Atm
Property Details for 1720 2Nd Ave
- Year built
- 1870
- Property size
- 5,860 SF
- Zone code
- RI
- Property type
- Commercial real estate
- APN
- 07-35-204-018
- APU
- 735204018
Description
This exceptional 12,000 square foot retail property, located at 1720 2nd Ave in Rock Island, Illinois, presents a unique investment opportunity. The building, constructed in 1870, boasts a two-story structure situated on a 6,098 square foot lot. Currently vacant, the space was previously configured as a bar on the main level, offering significant potential for a variety of retail uses. The flexible B-2 zoning allows for diverse business applications. The second floor provides ample storage space, currently unfinished, but with the potential for multi-family conversion, subject to necessary permits and approvals. The property benefits from a recently replaced sprinkler system, enhancing safety and security. This prime location in the Rock Island District offers high visibility and accessibility, making it an ideal choice for entrepreneurs seeking a substantial space with significant upside. The asking price is $240,000. This is a rare chance to acquire a substantial property with significant redevelopment potential in a vibrant Illinois community. The property's size and location make it an attractive investment for both experienced and emerging business owners. Don't miss this opportunity to own a piece of Rock Island's history and future.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rock Island
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.5754
- Latitude
- 41.5107
- CBSA code
- 19340
- CBSA name
- DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
