Listing provided courtesy of Epique Realty IncMREDas Distributed by MLSGrid- MLS# 12653913MLS Provider

1119 4th AvenueRock Island, IL 61201

Commercial · 13,440 Sq. ft. | 0.28 Acres
$649,000 Active

1119 4th Avenue Overview

Time on Site:
22 days
Visits:
3

Fantastic investment opportunity in Rock Island! Known as the Prestin Building, this historic 3-story brick multifamily asset features 19 total units (consisting of studios and 1-bedroom apartments) in a prime downtown location. Situated just blocks from local dining, entertainment, and public transit, the property offers quick, convenient access to the Centennial Bridge connecting to downtown Davenport. Units feature classic hardwood flooring, and the property includes off-street parking, on-site laundry facilities, and a spacious back common yard. Landlord handles water, sewer, trash collection, lawn care, and common area maintenance, while tenants pay their own electric and stove gas. DO NOT DISTURB TENANTS. 24-hour notice required for all showings. Buyers and/or buyers agents to verify all facts, details, features, and measurements of the property.

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1119 4th Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 13,440
  • Price/Sq.ft. $48
  • Lot 0.28 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 136200
  • Gross Scheduled Income: 136200
  • Insurance Expense: 0
  • Maintenance Expense: 1863
  • Net Operating Income: 110019
  • Operating Expense: 26180
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1909

Business Information

  • Current Use: Multi-Family

Location/Region

  • County Or Parish: Rock Island
  • MLS Area Major: Rock Island

Tax Information

  • Tax Annual Amount: $8,824.00
  • Tax Year: 2025

General Information

  • Parcel Number: 07344260120000
  • Possible Use: Multi-Family
  • Property Type: Commercial Sale
  • Zoning: MULTI

Interior

Building Interior

  • Building Area Total: 13440

General Information

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Stories: 3

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,Paved
  • Lot Size Acres: 0.28
  • Lot Size Dimensions: 80 x 150
  • Lot Size Square Feet: 12000

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber, Tar/Gravel

General Information

  • Number Of Units Total: 19

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Units Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Units Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Units Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Units Total: 1

Unit 5 Details

  • Unit Type: Unit 5
  • Units Total: 1

Unit 6 Details

  • Unit Type: Unit 6
  • Units Total: 1

Unit 7 Details

  • Unit Type: Unit 7
  • Units Total: 1

1119 4th Avenue Neighborhood

Community

61201 (ROCK ISLAND) Demographics

36
Median Age
1,897
Population Density (per sq. mile)
31%
College Educated
$47,835
Estimated Median Income
9,569
Estimated Total Home Owners
6,059
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1119 4th Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1119 4th Avenue Market Data

Based on the last 30 days in this zip code

$160,282
Average List Price
$105
Average Price per Square Foot
31
Properties Sold
61
Average Days on Market
129
Properties for Sale
Calculations provided by Reliance Network

1119 4th Avenue History

Date Event Value Agent
6/21/2026Source: MRED Status Change
Active
6/15/2026Source: MRED Price Reduction
$649,000 -13.4%
6/15/2026Source: MRED Status Change
Price Change
6/8/2026Source: MRED Added to Database
June 08, 2026