2505 15th St

Rock Island, IL 61201
  • $1,200,000

    Price
  • 3,536

    SqFt
  • 0.25

    Acre

About the Listing 108085 - 1080462

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.

Listing Highlights for 2505 15th St

Status Active
Days on Site 3
Property Type Multi-Family
MLS ® 12783000
Year Built 1952
Total Square Footage 3,536
Lot/Acreage 0.25

Interior Details

  • Appliances:
  • Air Cond: Window Unit(s)
  • Heating:
  • Fireplaces: 0
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 90X121X90X122
  • Zoning: MULTI
  • Roof:
  • Others:
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: $28,500
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1611202005
  • Tax Year: 2025

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2505 15th St Rock Island, IL 61201

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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