3424 18th Ave Rock Island, IL 61201-3027
This exceptional 2,795 square foot office building is ideally situated at 3424 18th Avenue in Rock Island, Illinois, 61201. Currently vacant, this single-story property presents a fantastic opportunity for businesses seeking a well-established location. The building boasts a highly visible street presence, directly across from US Bank, ensuring excellent exposure and accessibility. Ample parking is available for employees and clients. The interior layout features a mix of private offices and open work areas, providing flexibility for various business configurations. The property sits on a 0.35-acre lot and is zoned O-1, allowing for a range of traditional office uses. The asking price is $275,000, translating to a price per square foot of $98.39. This represents a compelling investment opportunity in a thriving Rock Island commercial district. The building's long history as a successful office space speaks to its inherent value and potential. This property is ready for immediate occupancy and offers a chance to establish a strong presence in a well-established area. Don't miss this chance to acquire a prime commercial property in a desirable location.
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E H Schroder Insurance Insurance Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RI · Rock Island, ILRock Island. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.