1901 4Th AveRock Island, IL 61201

Property Details for 1901 4Th Ave

Year built

1940

Property size (Sq ft)

4,270 SF

Zone code

RI

Property type

Commercial real estate

APN

07-35-210-003

APU

735210003

Description

This exceptional commercial property, located at 1901 4th Avenue in Rock Island, Illinois, 61201, presents a unique investment opportunity. Built in 1940, this single-building property encompasses a substantial warehouse space ideally suited for a variety of businesses. The building features eight bays, each equipped with nine overhead doors boasting an 11-foot clearance, perfect for vehicle-based operations. The interior layout includes a spacious waiting and retail area, a dedicated office, restrooms, and ample storage space. The property's recent use as an auto repair and tire store highlights its adaptability. The sale includes a large paved parking lot offering approximately 21 parking spaces, significantly enhancing the property's functionality. An added benefit is an external storage container for additional storage needs. The property enjoys a highly desirable location in downtown Rock Island, near the new Y, courthouse, Circa 21, Fort Armstrong Assisted Living, library, post office, and numerous restaurants and offices situated on Great River Plaza. A security system is already in place. This property is well-positioned to serve businesses such as HVAC contractors, plumbers, electricians, landscapers, cleaning services, and more. The adjacent 1915 4th Avenue parking lot is included in this sale. Information regarding Rock Island economic development assistance can be found at rigov.org/95/incentives. The asking price for this versatile property is $299,000.

• Alternative Use

  Use

  Valuation

  Residential

  $882,498

  Hospitality

  $808,363

  Educational

  $672,548

  Medical

  $695,678

  Retail

  $1,046,187

Location Insight

City

Rock Island

County

Rock Island

State

Illinois

Latitude

41.5092

Longitude

-90.573

CBSA code

19340

CBSA name

DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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