18 days on rocket

2505 15th St, Rock Island, IL, 61201

$1,125,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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2505 15th St, Rock Island$1,125,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached
Year Built1952
HeatingNatural Gas, Radiant, Other
BasementYes
MLS #QC4252506
Lot Size0.25 Acres
StatusActive

About 2505 15th St

Investment Opportunity: Turnkey Real Estate Package of (3) Brick 6-Plexes Exceptional investment opportunity in the heart of Rock Island, offering the chance to own (3) meticulously maintained brick 6-plexes. With a total of 18 units this portfolio presents an attractive blend of rental income potential & long-term value appreciation. Property Highlights: Each building within this portfolio has been impeccably maintained, reflecting the care and attention of the current owner. Each bldg features (3) two-bedroom units (2) one-bedroom units, and (1) efficiency unit. Additional Amenities: Each bldg features a 4 car detached garage & 3 off street parking spots & laundry facilities. Includes properties 2513 & 2514. No signs on the properties. Properties are located close to schools, hospital, parks, shopping, bus stops. With the buildings already in excellent condition and generating rental income, this investment opportunity is virtually turnkey. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a hassle-free investment, these properties offer an attractive proposition. Don't miss out on this rare chance to acquire a portfolio of (3) brick 6-plexes in exceptional condition, primed for continued rental income and take the next step towards building your real estate wealth.

Property Details

Property Features

Property Information:

  • Year Built: 1952

Listing Office:

  • Office Name: RE/MAX Concepts Moline
  • Office Email: digodwin@aol.com
  • Listing Agent: Diane Godwin-Luckey

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant, Other

School Info

Assigned Schools Information:

  • Rock Island High School, Public District Grades 9-12
  • Edison Jr High School, Public District Grades 7-8
  • Frances Willard Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: 17th St to 25th Ave go (W) to 15th St go (L) to Properties

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,125,000

Tax Information:

  • Annual Amount: $7,371
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Rock Island, IL.

Med. Sold Price

$130K

Med. Price/SqFt

$89

Avg. Days On Market

26

# of Sold Homes

30

2505 15th St vs Rock Island

18 DAYS ON ROCKET

-8 Days

$1,125,000

+$995K More

KEY TAKEAWAY

This property is $995K more than the Median Sold Price in Rock Island, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #QC4252506

Listing Office:

  • Office Name: RE/MAX Concepts Moline
  • Office Email: digodwin@aol.com
  • Listing Agent: Diane Godwin-Luckey

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 12:50:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,371$69,380
2019$7,291$68,693
2018$6,962$66,887
2017$6,770$66,225

History based on county public records data.

Payment Calculator

$5,682

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,439

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4176562
4
/10
  • Frances Willard Elementary School

  • 2503 9th St

  • 0.50 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4176563
3
/10
  • Edison Jr High School

  • 4141 9th St

  • 1.16 miles

  • Public District Grades 7-8

High School

school-card-donut-4176564
2
/10
  • Rock Island High School

  • 1400 25th Ave

  • 0.10 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,595. Most Rock Island, IL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket Homes›Illinois›Rock Island County›Rock Island›61201›2505 15th St

This home is located at 2505 15th St in Rock Island, IL and zip code 61201 in the Central Rock Island neighborhood. This home, which was built in 1952, sits on a 0.25 acre lot. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $1,125,000.

Over 14 listings were sold over their listed price in April 2024 in Rock Island, IL. In the same period over 9 listings were sold below the listed price and 7 listings were sold for the listed price. The number of listings in Rock Island, IL increased by 15.9% between March 2024 and April 2024. In April 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $130,000.

From Rocket Homes Real Estate and based on county public records data.

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