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Property profile & analytics
OFF-MARKET
Apartment buildings

2104 36Th St Rock Island, IL 61201

3,376 SF Built 1956
Property ID
US28-5900605
Property summary
AI-generated overview

This well-maintained four-unit apartment building presents a compelling investment opportunity in Rock Island, Illinois. Located at 2104 36th Street, this brick structure boasts a total of 3,376 square feet and offers ample parking with eight spaces, including covered off-street parking and convenient on-street options. Built in 1956, the property features four units, each equipped with two bedrooms, a full bathroom, a spacious living room, and a large eat-in kitchen. Residents enjoy shared laundry facilities and individual private storage located in the basement. Recent improvements include a roof replacement (on the building and garage) within the last two years, and updated siding on the carport. The property's strong financial performance is evidenced by a Net Operating Income (NOI) of $23,194, making it an attractive addition to any investment portfolio. The asking price is $292,500, and the property's APN is 16-01-443-002. This property is situated in Rock Island County, Illinois, with a zip code of 61201. Its prime location and desirable features make it an excellent choice for both seasoned investors and those new to the multifamily market. The property's solid construction and recent updates ensure minimal maintenance needs, maximizing potential returns. This is a turnkey investment ready for immediate income generation.

Property profile
Verified
Property type Apartment buildings
Year built 1956
Total area 3,376 SF
UPID US28-5900605
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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