1821-1829 2ND Avenue
Rock Island,
IL
61201
$749,000.00
Listing 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.