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    3055 38th St Rock Island, IL 61201-5667
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    Property profile & analytics

    3055 38th St, Rock Island, IL 61201-5667

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    • Commercial real estate
    • 1,205 SF
    • 0.48 lot acres
    Off-Market
    Last Sale Mar 6, 2025
    $190,000
    Property ID
    US28-5346159
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    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.


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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

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $5,184
    $16,920
    $33,757
    $50,677
    -
    $50,760
    $101,271
    $152,031
    More about this property
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