Realmo Analytics

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Property profile

1611 2nd Ave Rock Island, IL 61201

OFF-MARKET
Commercial real estate
Property ID
US28-0997556
25,941 SF Built 1920
Last sale Jan 2026 · $31,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Exceptional investment opportunity in downtown Rock Island, Illinois. This offering encompasses two buildings totaling nearly 34,000 square feet, presenting a compelling blend of income-generating and redevelopment potential. The Paddock Building (1615-1617 2nd Avenue, PIN # 0735105010), a three-story, elevator-served, ADA-compliant structure, is almost fully leased with professional office tenants and features a large, city-permitted parking lot. The Bailey Building (1611-1613 2nd Avenue,…

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?
$3k
Tax billed · 2022
Assessed value$25k
Assessed land$10k
Assessed improvement$15k
Effective rate11.51%

Value estimate

· Oct 2026
$665k
$599k – $732k
AI approach$450k
Submarket $/SF estimate$754k

Realmo valuation models over county records and 4 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 comparables4

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: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility12.2
Electrical Service11.0
Auto Parts Store10.7

Location

1611 2nd Ave Rock Island, IL 61201-8601
County assessor Recorded deeds · 4 transfers 4 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
1220 51st, Rock Island, IL 61201-6862 $2,100,000 Jan 2026 21,528 SF
4300 11th, Rock Island, IL 61201-6747 $600,000 Dec 2025 14,387 SF
2929 5th, Rock Island, IL 61201-1908 $2,925,000 Nov 2024 76,196 SF
420 23rd, Rock Island, IL 61201-8916 $1,050,000 Sep 2024 11,070 SF
1203 5th, Rock Island, IL 61201-8540 $80,000 Aug 2024 48,000 SF
2940 11th, Rock Island, IL 61201-5218 $1,072,000 Aug 2024 9,170 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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