For Sale
$849,000

415-417 31St Ave Rock Island, IL 61201

Fully Leased Industrial Building, 20,800 SF

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a fully leased, 20,800 square foot industrial warehouse located at 415-417 31st Ave, Rock Island, Illinois, 61201. The property, zoned I-1, sits on a generous 2.71-acre lot and includes an adjacent vacant lot. The single-tenant building is a one-story structure offering significant potential for long-term income generation. Currently under a 10-year lease with five years remaining, and a five-year option, this provides immediate cash flow and future growth prospects. The asking price for this turnkey investment is $849,000. The property's strategic location in Rock Island County, Illinois, offers easy access to major transportation routes, making it an attractive option for businesses and investors alike. This is a rare opportunity to acquire a stable, income-producing industrial asset with significant upside potential. The sale includes the adjacent vacant lot, adding further value and development possibilities. This property is ideal for investors seeking a strong return on investment in a stable market. The existing lease provides a secure income stream, minimizing risk and maximizing profitability. Don't miss this chance to own a prime piece of industrial real estate in a thriving location.

Highlights

  • Fully leased 20,800 SF industrial warehouse in Rock Island, IL.
  • Located on a 2.71-acre lot with an adjacent vacant lot, zoned I-1.
  • Single-tenant, one-story building with a 10-year lease (5 years remaining, 5-year option).
  • Asking price: $849,000.
  • Excellent location offering easy access to major transportation routes.

Property Details for 415-417 31St Ave

Property type
Warehouses, Investment properties
Square Feet
20,800 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
118,048 SF

Location Insight

City
Rock Island
County
Rock Island
State
Illinois
Latitude
41.4801099
Longitude
-90.5926848

FAQs

What type of property is this?
Warehouse - Fully Leased Industrial Building, 20,800 SF
Where is the warehouse located?
The property is located at 415-417 31St Ave Rock Island, IL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Fully leased 20,800 SF industrial warehouse in Rock Island, IL.; Located on a 2.71-acre lot with an adjacent vacant lot, zoned I-1.; Single-tenant, one-story building with a 10-year lease (5 years remaining, 5-year option).
How can I contact the broker?
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415-417 31St Ave
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