2400 24TH Street Rock Island, IL $ 545,000
2400 24TH Street
$ 545,000
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2400 24TH Street

Rock Island, IL, 61201
$ 545,000
Baths0.0

Monthly Estimate*

$ 3,400

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View a Virtual Tour
Studio

Multi-Family Home for sale in Rock Island, IL

for $545,000. This home was built in 1960 on a lot size of 0.28.

Start your dream business in Rock Island: a fully updated 5,600 square foot commercial/residential property with incredible potential. Whether you're looking for an income-producing investment or a spacious live/work setup, this versatile building offers endless possibilities. This property has been completely updated top to bottom including new 600amp electrical service, updated HVAC, plumbing, gas lines, water heater, flooring throughout, all remodeled bathrooms, and a brand-new roof. Additional upgrades include new garage door openers, flooring throughout, light fixtures, ceiling fans, and complete interior and exterior paint. The layout features 3 full bathrooms and one half bath, as well as three single-car garage bays-ideal for workspace, storage, or parking. The upper level offers a large apartment that could easily be converted into two separate units. It currently includes 2 to 3 bedrooms, two full bathrooms, and a washer and dryer. The main level has the potential for two to three commercial spaces, depending on how the space is utilized. The flat roof is ready for that amazing rooftop deck to be built for entertaining! This property sits on a large lot and is located near the hospital, Arsenal, and Augustana College, making it an excellent opportunity for Airbnb, office, retail, or residential rental. Whether you're an investor, entrepreneur, or someone looking for a large, flexible living space-this one's for you. List agent is related to seller.

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Multi-Family Active

Price

$ 545,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 7,168

Style

Lot Size

0.28

Year Built

1960

Town/City

Rock Island

County/Region

Rock Island

MLS | Web ID

QC4269897

Features
General
Sewer Public Sewer
Heating Sep Heating Systems - 2+ Natural Gas
Roof Other
Zoning Comme
Construction Materials Stucco Vinyl Siding
Year Built 1960
Tax Year 2024
Gross Income 77686
County Rock Island
Net Operating Income 63717
Insurance Expense 2000
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 0
Subdivision Name Unknown
Status Active
Directions On 24th St property on W side of street by corner of 24th St and 24th Ave
High School Rock Island
City Rock Island
MLS Area Rock Island
Tax Annual Amount 7168.96
Electric Expense 3600
Fuel Expense 0
Water Sewer Expense 1200
Virtual Tour https://youtu.be/lp6ktSZ1T5E?si=iyugPVVR4a-Ejk_H
Standard Status Active
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Interior
Basement Unfinished Partial
Total Fireplaces 0
Laundry Features In Unit
Room Type Storage Recreation Room
Total Baths 0
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Exterior
Parking Features Garage Door Opener Attached Guest Other
Lot Features Level
Water Source Public
Total Parking 0
Foundation Details Block
Lot Dimensions 150 x 157
Lot Size Acres 0.28
Other Equipment Water Heater-Gas
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* Excluded Features
List By
Kw 1Advantage

Broker

amanda@flyingkeyservices.com

Email

Affordability Calculator

$3,997
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,400
Monthly Property Taxes
$597
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5363859 Elementary School
5364147 Middle School
Rock Island High School High School
Pricing History
DatePricePrice ChangeDescription
12/18/2025$545,000 Listed Price

Map


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2400 24TH Street, Rock Island, IL, 61201 is a Multi-Family Home for sale at $545,000 with a lot size of 0.28. 2400 24TH Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 61201 which is in Rock Island, IL