2505 15th Street Rock Island, IL $ 1,200,000
2505 15th Street
$ 1,200,000
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2505 15th Street

Rock Island, IL, 61201
$ 1,200,000
Bedrooms-- Baths0.0 Sq 3,536

Monthly Estimate*

$ 8,288

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Multi-Family Home for sale in Rock Island, IL

for $1,200,000. This 3,536 square foot home was built in 1952 on a lot size of 0.25.

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 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.

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Multi-Family Active

Price

$ 1,200,000

Property Type

Multi-Family

Taxes

$ 28,500

Style

Lot Size

0.25

Year Built

1952

Town/City

Rock Island

County/Region

Rock Island

MLS | Web ID

12783000

Features
General
Sewer Public Sewer
Cooling Window Unit(s)
Zoning MULTI
Year Built 1952
Tenant Pays Air Conditioning Electricity Heat Sewer All Utilities
Stories Count 2
Township South Rock Isl
Tax Year 2025
Gross Income 169000
Additional Parcels Description 1611202006 1611202002
County Rock Island
Property Type Commercial Sale Multi Family 5+
Status New
Directions South on 17th St. Turn right on 25th Ave. Turn left on 15th St and building's will be on left/right side of street.
City Rock Island
Number Of Units Total 18
MLS Area Rock Island
Lot Size Square Feet 10935
Tax Annual Amount 28500
Additional Parcels Y/N Y
Standard Status Active
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Interior
Total Fireplaces 0
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Exterior
Building Area Total 3536
Lot Dimensions 90X121X90X122
Lot Size Acres 0.25
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* Excluded Features
List By
Kw 1Advantage

Broker

brodygober@kw.com

Email

Affordability Calculator

$10,663
Per Month
78%
22%
0%
Monthly Principal & Interest
$8,288
Monthly Property Taxes
$2,375
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/12/2026$1,200,000 Listed Price

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2505 15th Street, Rock Island, IL, 61201 is a Multi-Family Home for sale at $1,200,000 with 3,536 sqft and a lot size of 0.25. 2505 15th Street has 0.0 baths and was built in 1952. The property's zip code is 61201 which is in Rock Island, IL