Property Description

20-unit apartment building in Rock Island featuring ten 2-bedroom, 1-bath units and ten 1-bedroom, 1-bath units. Covered carports for parking, rebuilt in 2024. Built in 1966. Total building square footage is 12,980. Square footage of individual units is unknown. All major mechanicals and appliances are replaced as needed. Onsite washers and dryers are serviced by the landlord. Storage closet available for each tenant. May be purchased as part of a portfolio or individually. Owners preference is to sell the entire portfolio together. The total portfolio is being offered at $2,850,000 (MLS 12799762), which includes 6 buildings and 56 total units. Other properties include: 1836 30th St, Rock Island (MLS 12799186); 3622 25th St, Moline (MLS 12799085); 534 30th Ave, Moline (MLS 12799718); 537-543 30th Ave, Moline (MLS 12799698); and 5533 34th Ave, Moline (MLS 12799586). Seller is a trust and will convey by trustee's deed. Offers will be documented on Seller's form purchase agreement, available from the listing broker. Seller will provide a Trustee's Statement Regarding Condition of Property and the federal lead-based paint disclosure (all six buildings are pre-1978). The sale is exempt from the Illinois Residential Real Property Disclosure Act. Contact Listing agent for showings, 24-hour notice required.

Property Features