$150,000

1200 20th Street, Rock Island, IL 61201

  • 7 beds |
  • 5 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1899
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

4-unit multi-family property in Rock Island offering a solid investment opportunity with strong income potential. This 2-story building includes four separate units: Unit 1 on the main floor features 3 bedrooms and 2 bathrooms; Unit 2 in the basement offers 2 bedrooms and 1 bathroom; and Units 3 and 4 on the second level each provide 1 bedroom and 1 bathroom. Three of the four units are currently tenant-occupied, generating just under $2,000 per month in rental income, while the main-floor unit is currently vacant. Tenants pay all utilities. Current rental terms allow a maximum of one cat with an additional deposit and monthly pet fee; dogs are not permitted. Flexible setup allows the new owner to either occupy the main-floor unit or place a tenant for additional income. A great opportunity to expand an investment portfolio or secure a property with existing cash flow. Sellers will put on a new roof prior to closing. Schedule a showing today. 48hr showing notice.

Listing Status:
Pending
Data Last Updated:
April 1, 2026 at 4:19PM
Listing Office:
RE/MAX Concepts Bettendorf : 563-332-9900
Listing Agent:
Richard Bassford : 309-292-3681
MLS ID:
12585643
  • Basement: FinishedEgress WindowSleeping AreaPartial
  • Heating: Natural GasBaseboard
  • Other Structures: None
  • Parking: UnassignedOff AlleyOff StreetAlley AccessGarage Faces SideYesParking spaces: 4
  • Roofing: Asphalt
  • General: Block
  • HOA Amenities: SidewalksStreet Paved
  • Originating MLS: mred
  • School District: 41
  • County: Rock Island
  • Zoning: 1602209008
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Richard Bassford , RE/MAX Concepts Bettendorf

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Ricms

2101 16th Ave, Rock Island, IL, 61201

Grades PK-6

0.16 miles away

T

Thurgood Marshall Learning Center

600 11th Ave, Rock Island, IL, 61201

Grades 6-12

0.85 miles away

T

Thurgood Marshall Learning Center

600 11th Ave, Rock Island, IL, 61201

Grades 6-12

0.85 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.