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sales rep | Brivity IDX

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1301-1305 2nd Ave , Rock Island, IL 61201
$425,000
Est. Payment: $2,319.40/mo
9312 Sqft
0.23 Acres
Status: active | Days on site: 39
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108242 - 1081783,1083043
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House Description

Investor opportunity featuring 12 spacious one-bedroom, one-bathroom apartments and 6 garages in a highly accessible Rock Island location. The area is quiet and has several long term tenants - including a tenant that has been there for 25 years. The complex is situated just off major routes with convenient access to the Centennial Bridge, Highway 92, I-280, downtown Davenport and Rock Island. The property currently generates $6,285 per month. Three units are currently vacant, offering immediate opportunity to increase rental income and overall cash flow. Tenants pay water and sewer; owner pays gas, electric and garbage. Only vacant units will be shown for first showing.

Highlights

Listed by Katy Gladkin , 309-781-6604 and Shannon Lough , (309) 737-5487 Milltown Realty, LLC , 309-517-1182. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Lot/Acreage
0.23

Year Built

1874

County

Rock Island

Area

Rock Island

Listing ID

12758228

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Interior Features

Exterior Features

Zoning:MULTI
Sewer:Public Sewer
Parking Features:6-12 Spaces
Principal Interest
$2,319
Taxes
$1,527

Home Price

$425,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$85,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,319.40

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,319.40 $1,527.33 $0.00 $3,846.73
Yearly $27,832.79 $18,328.00 $0.00 $46,160.79
Total $834,983.77 $549,840.00 $0.00 $1,384,823.77
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Rock Island, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T08:59:06.000Z

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