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For more information on this property, contact Schramm & Associates at 563-332-9110 or whyusaschramm@gmail.com

1617 11TH Street
Rock Island, Illinois IL 61201
Sold For: $500,000
Listing ID QC4226725
Status Closed
Sold Date 7/14/2023
SqFt 15,600
Acres 1.330
Year Built 1953

Property Description:

Retail building with new 5 year lease through December 31, 2026 with options to renew. NOI approximately $50,000.00.

Features

Year Built: 1953
County: Rock Island
Property Type: Commercial Sale
Property Sub Type: Commercial
Zoning: B3

Interior

Levels: Free Standing
Available SqFt: 15600
Heating: Forced Air
Cooling: Central Air
Flooring: Concrete

External

Construction Materials: Masonry, Concrete
Number Of Buildings: 1
Frontage Type: City Street, Corner Lot
Lot Size SqFt: 57905
Sewer: Public Sewer
Roof: Membrane

Location

Directions: 16th Avenue and 11th Street
MLS Area Minor: QCARA Area

Additional

Possible Use: Freestanding Building, Other, Retail
Documents Available: Leases, Other
Input Type: CIE

Financial

Owner Pays: Insurance, Taxes, Structural Maintenance
Tenant Pays: Common Area Maintenance, Common Area Maintenance, Cooling, Electricity, Gas, Heat, Internal Maintenance, Janitorial Service, Lawncare, Trash Collection, Water/Sewer
Tax Annual Amount: 10086.76
Tax Incentive: None
Tax Year: 2021
Current Financing: None
Net Operating Income: -10087
Lease Term: Not Applicable

Zoning Info


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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.

The RMLS data on this page was last updated on Thursday, March 28th, 2024.

Listed by: Mel Foster Co. Commercial Cell: 563-650-8676

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