NEW 22 HRS AGO

For sale

$2,850,000

Est. $23,462/mo —

Studio

•

— ba

•

44,200

sq ft

1820 30th St, Rock Island, IL 61201

About this home

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.

Multi-familyProperty Type

1966Year Built

1.95 acresLot Size

$64Price/Sq.Ft.

Listed by Shawn Stuenkel • Hawkeye Commercial Real Estate

Listing updated: Nov 12, 2026 at 07:59am

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12799762

Payment calculator

$23,462 per month

Principal and interest$15,554

Property taxes

$7,125

HOA dues

Home insurance

$784

Utilities

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Open houses

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Nearby open houses (10)

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412 E Rusholme St, Davenport, IA 52803
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210 E 2nd St, Coal Valley, IL 61240
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1919 N Nevada Ave, Davenport, IA 52804
7,405 sq ft lot • Garage • Built 1967
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$199,900
3 beds2 baths2,236 sq ft
2326 14th St, East Moline, IL 61244
8,276 sq ft lot • 2 garage spots • Built 1973
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$275 HOA • Garage • Built 1981

Around this home

Schools

K - 12
Preschool & daycare

Eugene Field Elementary School

Public K-6 • Assigned • 1.0mi

5/10

Washington Junior High School

Public 7-8 • Assigned • 0.2mi

4/10

Rock Island High School

Public 9-12 • Assigned • 1.1mi

2/10

Provided by GreatSchools

About Central Rock

Island

Central Rock Island, located between the Mississippi Riverfront and the Rock River corridor, is a historic and civic Rock Island neighborhood with a walkable street grid and landmark architecture. The neighborhood’s character concentrates around the District corridor near 2nd Avenue and 17th Street, where brick storefronts, galleries, and late-night venues set a steady hum. The Hauberg Estate anchors the area with Arts & Crafts-era presence and landscaped grounds. The Rock Island Arsenal Museum adds a strong sense of regional history tied to the river. Residential blocks mix classic porches, mature trees, and small parks that shape an everyday, on-foot rhythm.

Provided by Walk Score and Local Logic

Property details

Exterior
Finance

Home design
Multi Family 5+
56 units

Construction
Built before 1978

Sale and tax history for 1820 30th St

Sale History
Tax History

Date

Event

Price

MRED as Distributed by MLS Grid #12799155

Nov 11, 2026

Listed (Active)

$900,000

$20/sq ft

20-unit apartment building in Rock Island featuring ten 2-bedroom, 1-bath units and ten 1-bedroom, 1-bath units. Covered carports for parking, rebuilt in 2024. Built in 1966. Total building square footage is 12,980. Square footage of individual units is unknown. All major mechanicals and appliances are replaced as needed. Onsite washers and dryers are serviced by the landlord. Storage closet available for each tenant. May be purchased as part of a portfolio or individually. Owners preference is to sell the entire portfolio together. The total portfolio is being offered at $2,850,000 (MLS 12799762), which includes 6 buildings and 56 total units. Other properties include: 1836 30th St, Rock Island (MLS 12799186); 3622 25th St, Moline (MLS 12799085); 534 30th Ave, Moline (MLS 12799718); 537-543 30th Ave, Moline (MLS 12799698); and 5533 34th Ave, Moline (MLS 12799586). 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. Contact Listing agent for showings, 24-hour notice required.

MRED as Distributed by MLS Grid #12799762

Nov 11, 2026

Listed (Active)

$2,850,000

$64/sq ft

MRED as Distributed by MLS Grid #QC7033981

Dec 16, 2015

Sold (MLS)

$680,000

$15/sq ft

Sep 17, 2015

Listed

$700,000

$16/sq ft

Public record

Public record
Zoning

Beds

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Baths

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Stories

—

Lot width

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Lot depth

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Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Rock Island County

APN

10-799

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Feb 1, 2026.

Multi-Unit Residential District

R-4 Multi-Unit Residence District is established to provide for multiple unit housing opportunities at moderate to higher densities. The district will include a range of dwelling options to meet housing needs for the city. This district is most appropriate on sites that are accessible to public transportation and arterial or collector streets.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Housing-Other
Public service
Fire house
Police station
Park & open space

Historical weather

Rock Island, IL • 61201

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

94/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 14% for direct sun exposure in Rock Island. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.4 hrs

5.7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1820 30th St

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Details provided by MRED as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 1820 30th St

Public record

Historical weather

Sun exposure

Redfin Estimate for 1820 30th St

Early Access listings

Nearby similar homes

New listings for sale in 61201

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