Home For Sale In Rock Island, Illinois

house for sale

Listed: 05/11/24

781 42nd Street, Rock Island, IL 61201, USA

Studio Bed:

4 Bath:

5,400 Sq Ft Living Area:

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Price

$ 375,000

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About This House

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,and715 1/2-$750.

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Houses for sale in Rock Island

Original listing

Rock Island Housing & Living

Average sale prices for houses

3 bed

Show as List Show as Graph

Month	Median Price
May 2024	$160,181 (-0.3%)
Apr 2024	$160,623 (0%)
Mar 2024	$160,623 (0%)
Feb 2024	$160,623 (0%)
Jan 2024	$160,623 (+9.2%)
Dec 2023	$147,027 (-0.5%)

In May 2024, the asking price for 3 bed houses for sale in/near Rock Island, United States averaged $160,181, a decrease of 0.3% from the previous month.

Median price trends for properties for sale in Rock Island, United States as of May 2024.

Household Income

Median household income: $45,244

Number of households: 15,529

The average household income in Rock Island, IL grew from $43,052 to $45,244 in the past year. This data is an estimate based upon 15,529 households in Rock Island, IL.
The chart below presents how household income is distributed in Rock Island, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Rock Island, IL compared to median property taxes around the country. The prevalent amount of property taxes in Rock Island, IL equals $3k+ , which is less than the national average.

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