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Active - Other for sale
Rock Island, IL
Facts & features
Why you’ll love it
Six-building, 56-unit multifamily portfolio in Moline and Rock Island offered at $2,850,000 (complete portfolio only), a 9.15 cap rate on 2025 NOI of $260,813. Buildings may also be purchased individually at the prices shown in each building's listing (MLS 12799155, 12799186, 12799085, 12799718, 12799698, 12799586). Owners prefer to sell the entire portfolio. Below-market rents offer upside. Sold as-is; inspections permitted but offers may not be contingent on inspections. No seller financing. Repair records before 2022 are not available. Full offering memorandum available on request. Seller is a trust and will convey by trustee's deed. Offers will be documented on Seller's form purchase agreement, available from the listing broker. Seller will provide a Trustee's Statement Regarding Condition of Property and the federal lead-based paint disclosure (all six buildings are pre-1978). The sale is exempt from the Illinois Residential Real Property Disclosure Act Please do not contact tenants, all showings through the listing agent.
Listings courtesy of Hawkeye Commercial Real Estate as distributed by MLS GRID.
Listed by: Shawn Stuenkel • Hawkeye Commercial Real Estate
Co-listed by: Hawkeye Commercial Real Estate
Source: MRED as distributed by MLS GRID, MLS#: 12799762
Based on info available as of Nov 14, 2026 at 8:07 PM EST.
Come see by yourself
Affordability
$22,820/mo
- Mortgage$14,411
- Property tax$8,409
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$57,000 Credit back
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About Rock Island
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 08:07pm EST. 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.
Make a winning offer, and get up to
$57,000 Credit back
