2505 15th Street
Rock Island, IL 61201

$1,200,000

  • 3,536
    Square Feet

EXCEPTIONAL 18-UNIT INVESTMENT OPPORTUNITY IN ROCK ISLAND! An outstanding opportunity to acquire a portfolio of THREE solid brick 6-plex buildings, offering a total of 18 rental units! This investment package features an attractive unit mix of (9) two-bedroom apartments, (6) one-bedroom apartments, and (3) efficiency units, providing diverse rental options and multiple income streams. MAJOR CAPITAL IMPROVEMENT! All three buildings underwent COMPLETE ROOF TEAR-OFFS AND REPLACEMENTS IN SEPTEMBER 2024, providing investors with the added benefit of recently installed roofs! Each building features a four-car detached garage, additional off-street...read more parking, and on-site laundry facilities, offering additional amenities and income potential. Conveniently located near schools, hospitals, shopping, parks, and public transportation, these properties offer accessibility for tenants. With durable brick exteriors, an established rental configuration, and significant recent capital improvements, this portfolio presents an exceptional opportunity for investors looking to expand their holdings or establish a substantial multifamily investment presence in the Quad Cities. 18 UNITS. THREE BUILDINGS. ONE INCREDIBLE INVESTMENT OPPORTUNITY! Portfolio includes 2505, 2513, and 2514 15th Street, Rock Island. Properties sold together as a package.

Property Highlights

  • Cooling

    Window Unit(s)

  • Stories

    2.0 Stories

  • Taxes

    $28,500 Taxes

  • Year Built

    Built in 1952

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