Rock Island, IL 61201 2400 24th Street
$545,000



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Presented By: KW 1Advantage
Home Details
Start your dream business in Rock Island: a fully updated 5,600 square foot commercial/residential property with incredible potential. Whether you're looking for an income-producing investment or a spacious live/work setup, this versatile building offers endless possibilities. This property has been completely updated top to bottom including new 600amp electrical service, updated HVAC, plumbing, gas lines, water heater, flooring throughout, all remodeled bathrooms, and a brand-new roof. Additional upgrades include new garage door openers, flooring throughout, light fixtures, ceiling fans, and complete interior and exterior paint. The layout features 3 full bathrooms and one half bath, as well as three single-car garage bays-ideal for workspace, storage, or parking. The upper level offers a large apartment that could easily be converted into two separate units. It currently includes 2 to 3 bedrooms, two full bathrooms, and a washer and dryer. The main level has the potential for two to three commercial spaces, depending on how the space is utilized. The flat roof is ready for that amazing rooftop deck to be built for entertaining! This property sits on a large lot and is located near the hospital, Arsenal, and Augustana College, making it an excellent opportunity for Airbnb, office, retail, or residential rental. Whether you're an investor, entrepreneur, or someone looking for a large, flexible living space-this one's for you. List agent is related to seller.
Presented By: KW 1Advantage
Interior Features for 2400 24th Street
Other Interior Features
FlooringCarpet, Vinyl
General for 2400 24th Street
Additional Parcels Y/NNo
CityRock Island
Construction MaterialsBlock, Wood, Vinyl Siding, Stucco
CoolingCentral Air
CountyRock Island
DirectionsOn 24th St, property on W side of street by corner of 24th St and 24th Ave
ElectricCircuit Breakers
Electric Expense3600
Fuel Expense
Gross Income77686
Insurance Expense2800
Lot Size Square Feet23522
MLS AreaRock Island
Number Of Units Total2
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount7575.32
Tax Year2024
Trash Expense0
Water Sewer Expense1600
Year Built1960
ZoningCOMMR
Exterior for 2400 24th Street
Building Area Total5549
Foundation DetailsBlock
Lot Dimensions150x157
Additional Details
Price History

SQFT • 5,549