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$334,000
7 Days On Site

1606 2nd Avenue
Rock Island, IL 61201

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
1920
Built
County:
Rock Island
Listing Courtesy of MRED as distributed by MLS Grid of Real Broker, LLC
Call Now: 312-767-7744
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312-767-7744
1606 2nd Avenue1606 2nd Avenue1606 2nd Avenue1606 2nd Avenue
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Turnkey investment opportunity with income, upside, and character-all in one. This mixed-use building blends modern updates with timeless charm, starting with a fully renovated commercial space on the main level. Featuring a newly built bar, durable ceramic tile flooring, and a brand-new bathroom, this space is ready to go from day one. Major systems-including electrical and plumbing-were completely updated in 2026, giving peace of mind for years to come. Look up and you'll notice the standout feature: a ceiling full of character that adds warmth and personality, perfectly complemented by newly installed lighting that creates an inviting, upscale atmosphere. The possibilities here are wide open-imagine a trendy cocktail lounge, coffee shop, boutique retail space, barbershop, salon, or even a creative studio or co-working hub. Even better, the commercial unit is also available for lease at $1,500/month, offering flexibility for owner-users or investors. Upstairs, the property continues to deliver with two spacious residential units: * Unit A - Nearly 1,800 sq ft featuring 2 bedrooms and 2 full baths, beautiful natural hardwood floors, and access to a private rooftop. Currently rented at $1,200/month with room for future increases. * Unit B - Approximately 1,500 sq ft with 2 bedrooms and 2 full baths, matching hardwood floors, and a newly installed water heater. Currently rented at $1,250/month, also with upside potential. With strong existing income, value-add opportunity, and a versatile commercial space ready for multiple business concepts, this property is ideal for investors or owner-operators looking to maximize returns while owning a standout building. Commercial Unit can be shown anytime. Tenant occupied units need 48 hour notice. Tenants prefer a time after 3pm if possible.

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Listing Snapshot
Price 
$334,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1920
MLS® Number 
12604692
Status 
Active
Property Tax 
$4,334
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayStatus changed to Active
a week agoListing first seen on site
General Features
Foundation 
Block
Number Of Stories 
3
Property Sub Type 
Mixed Use
Zoning 
COMMR
Interior Features
Cooling 
Central Air
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
Rock Island
Listing Courtesy of MRED as distributed by MLS Grid of Real Broker, LLC



Based on information submitted to the MLS GRID as of 2026-04-07 04:20 AM UTC. 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.
Last checked: 2026-04-07 04:20 AM UTC
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