3055 38th St, Rock Island, IL 61201-5667
- Commercial real estate
- 1,205 SF
- 0.48 lot acres
Current Use by Public Records
- Hinee’s Brew House on 38th / Restaurant
Property Details for 3055 38th St
- Year built
- 1926
- Construction
- FRAME
- Lot size
- 0.48 lot acres
- Zone code
- RI
- Property type
- Commercial real estate
- APN
- 17-07-139-001
- APU
- 1707139001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 6, 2025 | $190,000 | Q-c Pain & Wellness Center INC | Gahiner INC | Warranty Deed | $152k · Blackhawk Bank & Trust Co |
| Mar 21, 2024 | $180,000 | Gahiner INC | Richard Lopez | Warranty Deed | $148k · Blackhawk Bank & Trust Co |
| Dec 9, 2016 | $125,000 | Richard Lopez | Gansons INC | Warranty Deed | $88k · Blackhawk Bank & Trust |
| Jul 14, 2008 | $135,000 | Gansons INC | Jeffrey T Lanum | Warranty Deed | $206k · Quad City Bank & Trust Co |
| Jan 7, 2002 | $90,500 | Jefrey T Lanum | Henning,leo E & Merle E | Grant Deed | $91k · Northwest Bank & Trust Co |
| — | — | Gansons INC | — | Deed Of Trust · related | $206k · Quad City Bank & Trust Co |
| — | — | Gansons INC | — | Deed Of Trust · related | — |
| — | — | Jeffrey T Lanum | — | Deed Of Trust · related | $25k · First Midwest Bank |
| — | — | Gansons INC | — | Deed Of Trust · related | — |
Description
Prime Rock Island restaurant opportunity awaits! This 1,205 square foot, fully operational eatery is available for $229,000. Located on 0.5 acres at 3055 38th St, this single-story, 1926-built building boasts a convenient drive-thru. The sale includes the building, existing business, and all furniture, fixtures, and equipment (FF&E). Inventory is negotiable. The property features a sit-down bar, deck, and patio, plus a full basement. Recent updates include interior and exterior painting, deck repainting, a new sit-down bar, new restroom flooring, a new water heater, a six-tap beer cooler, and two new floor drains. The restaurant has enjoyed success since its April opening. The property is zoned B-1 and is situated next to the Saukie Golf Course, offering excellent visibility and accessibility. This is a fantastic chance to acquire a thriving business with significant upside potential. Don't miss this opportunity to own a well-established restaurant in a desirable location.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Rock Island
- County
- Rock Island
- State
- Illinois
- Longitude
- -90.5473
- Latitude
- 41.4793
- CBSA code
- 19340
- CBSA name
- DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA