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2400 24th St, Rock Island, IL, 61201

3beds
4baths
--sqft
$545,000
--price/sqft
$4,446/moest. monthly cost
$177,840/yrincome needed

About This Home

Start your dream business in Rock Island: a fully updated 5,600 square foot commercial/residential property with incredible potential. Whether you're looking for an income-producing investment or a spacious live/work setup, this versatile building offers endless possibilities. This property has been completely updated top to bottom including new 600amp electrical service, updated HVAC, plumbing, gas lines, water heater, flooring throughout, all remodeled bathrooms, and a brand-new roof. Additional upgrades include new garage door openers, flooring throughout, light fixtures, ceiling fans, and complete interior and exterior paint. The layout features 3 full bathrooms and one half bath, as well as three single-car garage bays-ideal for workspace, storage, or parking. The upper level offers a large apartment that could easily be converted into two separate units. It currently includes 2 to 3 bedrooms, two full bathrooms, and a washer and dryer. The main level has the potential for two to three commercial spaces, depending on how the space is utilized. The flat roof is ready for that amazing rooftop deck to be built for entertaining! This property sits on a large lot and is located near the hospital, Arsenal, and Augustana College, making it an excellent opportunity for Airbnb, office, retail, or residential rental. Whether you're an investor, entrepreneur, or someone looking for a large, flexible living space-this one's for you. List agent is related to seller.

Getting Around

38
WalkingCar-Dependent
33
TransitSome Transit
30
BikeSomewhat Bikeable

Schools

5/10
4/10
2/10
Rock Island High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Block
  • Roof: Flat
  • Construction materials: Vinyl Siding,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Unfinished,Block,Partial

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Heating

  • Heating features: Natural Gas,Forced Air

Property

Details

  • Parcel number: 1611200007
  • Zoning: COMMR
  • Special condition: List Broker Must Accompany
  • Other equipment: Internet-Fiber

Features

  • Fencing: Partial,Wire

Lot

  • Lot size: 0.54 Acres
  • Features: Backs to Trees/Woods,Level
  • Lot size dimensions: 150x157

Parking

  • Total spaces: 15
  • Parking features: Garage Door Opener,Yes,Garage Owned,Attached,Circular Driveway,Parking Lot,Owned,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes