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Description

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...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.
  1. Listed by Amanda Buchanan • KW 1Advantage
    P: (563)-345-6520 C: (563)-370-9606 amanda@flyingkeyservices.com

Property Details for 2400 24th Street

Area
Rock Island
Township
South Rock Isl
Ownership
Fee Simple
Num Of Garage Spaces
3.0
Num Of Parking Spaces
15.0
Parking Included in Price
Yes
Num of Interior Fireplaces
0
Heat/Fuel
Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls
LISTING UPDATED: 01/24/2026 05:58 PM

Property Details for 2400 24th Street

StatusActive
MLS #4269897
Days on Market75
Taxes$7,169 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / Two to Four Units-Other / Two to Four Units
Year Built1960
Lot Size0.54 AC / 23,522 SF
CountyRock Island County

Location

Listing Courtesy of KW 1Advantage
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Building Information for 2400 24th Street

Stories-Residences2Year Built1960Building Size-Lot Size0.54 AC / 23,522 SF

Payment Calculator

$3,254 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,656

Property Taxes

$597

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2400 24th Street

General Information
School Information
  • Elementary School District: 41
  • High School District: 41
  • High School: Rock Island High School
  • Middle Or Junior School District: 41
Addtl Parking Information
  • Parking Details: Garage Door Opener, Yes, Garage Owned, Attached, Guest, Driveway, Circular Driveway, Other, Parking Lot, Garage
Property Information
Interior Features
  • Num Of Rooms: 15
  • Bedrooms Total: 3
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Unfinished, Exterior Entry, Partial
  • # Full Baths in Building: 3
  • # Half Baths in Building: 1
  • Num of Baths: 3.1
Exterior Features
  • Fencing: Chain Link, Partial
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: Water Heater-Gas
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 61-70 Years
  • Lot Description: Backs to Trees/Woods, Level
  • Lot Size: .50-.99 Acre
  • Lot Size Source: County Records
  • Lot Dimensions: 150 x 157
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Construction: Stucco, Vinyl Siding
  • Roof Type: Other
  • Foundation Details: Block
  • General Information: Commuter Bus
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Buyer Financing: Cash, Conventional
  • Public Document Count: 0
  • Photos Count: 35
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $3,600.00
  • Fuel Expense: $.00
  • Gross Income: $77,686.00
  • Insurance Expense: $2,000.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Insurance Expense Source: Owner Projection
  • Water Expense Source: Actual
  • Net Operating Income: $63,717.00
  • Water Sewer Expense: $1,200.00
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0

Property History for 2400 24th Street

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Price Change

MRED #4269897

$545,000—
Dec 8, 2025

Listed (Active)

MRED #4269897

$555,000—
Dec 7, 2025

Withdrawn

RMLS ALLIANCE #QC4269897

$545,000—
Dec 4, 2025

Expired

RMLS ALLIANCE #QC4267056

$555,000—
Dec 4, 2025

Expired

MRED #4267056

$555,000—
Sep 4, 2025

Listed (Active)

RMLS ALLIANCE #QC4267056

$590,000—
Sep 4, 2025

Listed (Active)

MRED #4267056

$590,000—
Sep 2, 2025

Expired

MRED #4264065

$595,000—
Sep 2, 2025

Expired

RMLS ALLIANCE #QC4264065

$595,000—
Jun 3, 2025

Listed (Active)

MRED #4264065

$600,000—
Jun 3, 2025

Listed (Active)

RMLS ALLIANCE #QC4264065

$600,000—
Feb 17, 2016

Sold (Public Record)

Public Record #590597950

$149,900—
DateEvent & SourcePrice
12/17/2025

Price Change

MRED #4269897

$545,000
12/08/2025

Listed (Active)

MRED #4269897

$555,000
12/07/2025

Withdrawn

RMLS ALLIANCE #QC4269897

$545,000
12/04/2025

Expired

RMLS ALLIANCE #QC4267056

$555,000
12/04/2025

Expired

MRED #4267056

$555,000
09/04/2025

Listed (Active)

RMLS ALLIANCE #QC4267056

$590,000
09/04/2025

Listed (Active)

MRED #4267056

$590,000
09/02/2025

Expired

MRED #4264065

$595,000
09/02/2025

Expired

RMLS ALLIANCE #QC4264065

$595,000
06/03/2025

Listed (Active)

MRED #4264065

$600,000
06/03/2025

Listed (Active)

RMLS ALLIANCE #QC4264065

$600,000
02/17/2016

Sold (Public Record)

Public Record #590597950

$149,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2400 24th Street

Taxable ValueLand$5,844Additions-Total$5,844
Tax Record2024$588 ($49 / month)
Home Facts
Lot Size7,200 SqFtStyleCommercialZoningRICountyROCK ISLANDAPN16-02-440-010

Schools near 2400 24th Street

This home is within Rock Island School District 41.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Eugene Field Elementary School
PublicK to 6

Washington Jr High School
Public7 to 8

Rock Island High School
Public9 to 12

Rock Island Center for Math and Science
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2400 24th Street is a multi-family home for sale in Rock Island, IL 61201. This property was listed for sale on December 8, 2025 by KW 1Advantage, it's currently listed at $545,000. It has been on the market for a total of 75 days and was last sold on February 17, 2016. This listing's school district is Rock Island School District 41. Nearby schools include Eugene Field Elementary School, Washington Jr High School and Rock Island High School. 2400 24th Street is a 3-bed, 4-bath, multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW 1Advantage

Based on information from one of the following Multiple Listing Services: RMLS Alliance. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by RMLS Alliance is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.