2400 24TH Street
Rock Island, IL, 61201 $ 545,000
Bedrooms3 Baths4.1 Monthly Estimate*
$ 3,356
for $545,000 with 3 bedrooms and 4 full baths, 1 half bath. This home was built in 1960 on a lot size of 0.54.
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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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air Sep Heating Systems - 2+ Indv Controls
Possession Closing
Roof Other
Zoning Comme
Garage Spaces 3
Construction Materials Stucco Vinyl Siding
Year Built 1960
Township South Rock Isl
Tax Year 2024
Ownership Fee Simple
Gross Income 77686
Community Features Curbs Sidewalks Street Lights Street Paved
County Rock Island
Net Operating Income 63717
Insurance Expense 2000
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 0
Total Rooms 15
Status Active
Directions On 24th St property on W side of street by corner of 24th St and 24th Ave
High School Rock Island High School
City Rock Island
High School District 41
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
Middle/Junior School District 41
Elementary School District 41
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InteriorBasement Unfinished Exterior Entry Partial
Total Fireplaces 0
Laundry Features In Unit
Total Bedrooms 3
Total Baths 4
Full Baths Building 3
Half Baths Building 1
Total Number of Units 2
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ExteriorParking Features Garage Door Opener Yes Garage Owned Attached Guest Driveway Circular Driveway Other Parking Lot Garage
Lot Features Backs to Trees/Woods Level
Water Source Public
Total Parking 15
Foundation Details Block
Lot Dimensions 150 x 157
Lot Size Acres 0.54
Waterfront Y/N N
Other Equipment Water Heater-Gas
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* Excluded FeaturesList Byamanda@flyingkeyservices.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,356
- Monthly Property Taxes
- $597
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Rock Island, IL
Average List Price $240,675
Percent of Sale Price 56%
About Rock Island, IL 37,821 Population
-5% Since 2002
$ 43,858 Median Income
38.09 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
1540884 Elementary School
1540719 Middle School
Rock Island High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/18/2025 | $545,000 | | Listed Price |