21 days on rocket

709 42nd St, Rock Island, IL, 61201

$375,000

Home List Price

$4,453*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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709 42nd St, Rock Island$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingGuest Parking, On Street
Year Built1919
HeatingNatural Gas, Central, Other
BasementYes
MLS #QC4252496
StatusActive

About 709 42nd St

Check out this exceptional investment opportunity featuring two duplexes and a fourplex (all on one parcel), for a total of 8 units in Rock Island. 7 of the 8 units are occupied. This property offers a mix of 2-bedroom (3) and 1-bedroom (5) units. Situated near parks and schools, residents enjoy convenient access to outdoor recreational activities and quality educational institutions. Whether you're an experienced investor or a first-time buyer looking to generate passive income, this property presents an excellent opportunity for long-term financial growth. With steady rental demand and potential for increased cash flow, this investment is poised to deliver solid returns. Property 709 has brand new A/C and duct throughout. 24 hour notice required to show. Unit Rent 709-vacant, 709 1/2-$650, 711-$575, 711 1/2-$475, 713-$600, 713 1/2-$695, 715-$650, and 715 1/2-$750.

Property Details

Property Features

Property Information:

  • Year Built: 1919

Listing Office:

  • Office Name: Milltown Realty, LLC
  • Listing Agent: Katy Gladkin

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Guest Parking, On Street

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Other

Utilities

Utilities Information:

  • Heating: Natural Gas, Central, Other

School Info

Assigned Schools Information:

  • Rock Island High School, Public District Grades 9-12
  • Washington Jr High School, Public District Grades 7-8
  • Longfellow Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From 7th Ave, Turn right onto 42nd St to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
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Housing Market Comparison

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

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Rock Island, IL

City

Med. Sold Price

$130K

Med. Price/SqFt

$89

Avg. Days On Market

26

# of Sold Homes

30

709 42nd St vs Rock Island

21 DAYS ON ROCKET

-5 Days

$375,000

+$245K More

KEY TAKEAWAY

This property is $245K 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: #QC4252496

Listing Office:

  • Office Name: Milltown Realty, LLC
  • Listing Agent: Katy Gladkin

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: 5/31/2024, 9:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,939

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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-5813303
2
/10

  • Longfellow Elementary School

  • 4198 7th Ave

  • 0.04 miles

  • Public District Grades PK-6

Middle School

school-card-donut-5813304
3
/10

  • Washington Jr High School

  • 3300 18th Ave

  • 0.98 miles

  • Public District Grades 7-8

High School

school-card-donut-5813305
2
/10

  • Rock Island High School

  • 1400 25th Ave

  • 2.16 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,740. Residents of Rock Island, IL typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Rock Island County›Rock Island›61201›709 42nd St

This home is located at 709 42nd St in Rock Island, IL and zip code 61201 in the Keystone neighborhood. This home was built in 1919. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $375,000.

In April 2024, from all listings sold in Rock Island, IL there were more than 14 sold above asking price, over 9 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Rock Island, IL between March 2024 and April 2024 increased by 15.9%. Listings spent 26 days on the market in April 2024, and had a median list price of $130,000 during the same period.

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

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