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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 425,000

Est. payment -/mo

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Price Dropped by $15K

1301-1305 2nd AVE Rock Island, IL 61201

9,312 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 9,312 sqft

Price per Sqft $45

MLS Listing ID 12758228

Maintenance Fees $23,411

Year Built 1874

Annual Tax Amount $18,328

Tax Year 2025

Lot Size 10,018 Sqft

Property Sub-Type Multi Family 5+

Property 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.

Location

State IL

County Rock Island

Area Rock Island

Zoning MULTI

Interior

Cooling None

Fireplace N

Building

Dwelling Type Multi Family 5+

Sewer Public Sewer

Structure Type Brick

Listed by Katy Gladkin of Milltown Realty, LLC

Nearby School & Business

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MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA