BEDS0
BATHS
SQUARE FEET44,200
MLS#12799762
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
Six-building, 56-unit multifamily portfolio in Moline and Rock Island offered at $2,850,000 (complete portfolio only), a 9.15 cap rate on 2025 NOI of $260,813. Buildings may also be purchased individually at the prices shown in each building's listing (MLS 12799155, 12799186, 12799085, 12799718, 12799698, 12799586). Owners prefer to sell the entire portfolio. Below-market rents offer upside. Sold as-is; inspections permitted but offers may not be contingent on inspections. No seller financing. Repair records before 2022 are not available. Full offering memorandum available on request. Seller is a trust and will convey by trustee's deed. Offers will be documented on Seller's form purchase agreement, available from the listing broker. Seller will provide a Trustee's Statement Regarding Condition of Property and the federal lead-based paint disclosure (all six buildings are pre-1978). The sale is exempt from the Illinois Residential Real Property Disclosure Act Please do not contact tenants, all showings through the listing agent.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 1.95 Acres
Stories: 3.0
Year Built: 1966
Feature Descriptions
Parcel#: 1601310031
Units: 56
Listed By / Shown By
Listed By
Agency Name: Hawkeye Commercial Real Estate
Agency Phone: 563-344-4295
Shown By
Agent Name: Shae Savalick
Agent Phone: (779) 221-9696
Agency Title: Dickerson & Nieman Realtors
Estimate Your Payment
Estimated Payment
$ 7,174.11 per month $6,342.86 Principal & Interest $0.00 Property Tax (data not provided by mls) $831.25 Homeowner's InsuranceChange Payment Information
Shae Savalick
Cell: (779) 221-9696
Email Me
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1820 30th Street | MLS# 12799762
This multi-family property located at 1820 30th Street, Rock Island, IL 61201 is currently listed for sale with an asking price of $2,850,000. Search Rock Island real estate on shaesavalick.dickersonnieman.com today.