1821-1829 2ND AVE Active

Rock Island,IL 61201

$ 749000

- Bed

- Bath

24759 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 24,759 sqft

Price per Sqft $30

MLS Listing ID QC4260559

Originating Board rmlsa

Annual Tax Amount $53,495

Tax Year 2023

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Commercial

Property Description

Investment opportunity in downtown Rock Island. Property offers 4 commercial storefronts that include two restaurants and 2 office/retails suites on the main level. The 2nd and 3rd floor consist of 8 apartments (2-1BR/1BA and 6-2BR/1BA). All leases are month to month except for one commercial lease that expires in August of 2026. The two restaurants pay their own utilities and are separately metered. The two office/retail units are gross leases with utilities included. Gas and electricity for the 8 apartments are paid for by the residents.

Location

State IL

County Rock Island

Area Qcara Area

Zoning B-2

Direction None

Interior

Heating Gas

Cooling Central Air

Flooring Carpet,Tile/Vinyl

Fireplace N

Exterior

View true

Roof Type Flat,Membrane

Garage 1

Building

Faces None

Sewer Public Sewer

Water Municipal/City

Structure Type Block,Brick

Others

Tax ID 07-35-202-011

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