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Property profile

1600 38th St Rock Island, IL 61201

OFF-MARKET
Other commercial real estate
Property ID
US28-0077729
1,583 SF Built 1977
Last sale Aug 2026 · $102,500
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Freestanding drive-thru restaurant building on a high-visibility corner lot near Augustana College. The structure is 1,544 square feet and sits on a 0.41-acre parcel. The site includes existing drive-thru lanes and a canopy, along with monument signage. The configuration supports quick-service concepts such as drive-through restaurants and coffee shops. The property is suited for commercial use consistent with restaurant and drive-through restaurant operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$12k
Tax billed · 2022
Assessed value$115k
Assessed land$35k
Assessed improvement$80k
Effective rate10.38%

Value estimate

· Oct 2026
$200k
$180k – $220k
AI approach$265k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$57/SF
ZIP average, outlier-cleaned · 112 recorded sales of this use type
Observed band · Q1–Q3$29 – $86
Qualifying comparables12

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RI
JurisdictionROCK ISLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency28.1
Law Firm25.9
Dental Office15.9

Location

1600 38th St Rock Island, IL 61201-3846
County assessor Recorded deeds · 7 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
501 20th, Rock Island, IL 61201-8113 $80,000 Jul 2025 1,222 SF
213 17th, Rock Island, IL 61201-8704 $285,000 Jul 2025 1,456 SF
211 12th 17th, Rock Island, IL 61201-8704 $285,000 Jul 2025 2,864 SF
3103 18th, Rock Island, IL 61201-2942 $125,000 Feb 2025 1,842 SF
4128 14th, Rock Island, IL 61201-3810 $170,000 Feb 2025 1,008 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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