1401 4Th Ave Rock Island, IL 61201
This exceptional commercial property, located at 1401 4th Avenue in Rock Island, Illinois, presents a unique investment opportunity. The building, a former car dealership, boasts a striking Art Deco architectural style, instantly recognizable and visually appealing. The two-story structure offers significant potential for a variety of uses, given its flexible zoning as Commercial, Warehouse, Flex, and Restaurant space. The property sits on land in the heart of downtown Rock Island, providing excellent visibility and accessibility. A key feature is the rooftop parking, a rare and valuable amenity in this area, offering convenient parking for customers or employees. The asking price is $295,000. The property's prime location in Rock Island, IL (zip code 61201) offers easy access to major transportation routes and a thriving local community. Its adaptable layout and unique architectural character make it an ideal canvas for a creative entrepreneur or investor seeking a high-impact commercial space. The property's history as a car dealership suggests ample space for various commercial uses, from retail to light industrial or even a restaurant with ample parking. Serious inquiries are encouraged to explore the full potential of this remarkable property.
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
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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.