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This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Great for
Features
| Forced Air | Hardwood Floor |
| Slate | Tile |
Community
| Controlled Building | Dogs OK |
Neighborhood
| Street |
One-time.
One-time. Refundable.
Contact for more information on pet policy.
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
Property Id: 2498726 $334,000 owner will sale! Turnkey opportunity with income, upside, and character-all in one. This mixed-use building blends modern updates with timeless charm, starting with a fully renovated main level space! 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 main level unit is 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. All for $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. $1,250/month the upside potential is endless! With strong existing income, value-add opportunity, and a versatile main level space ready for multiple ideas and concepts, this property is ideal for investors or owner-occupants looking to maximize returns while owning a standout building. Main level unit can be shown anytime! Paul-Richard Pierre Licensed REALTOR® IA & IL ΓEA⅃ Brokers LLC 563-499-4903
How 1606 2nd Ave #1 compares to other nearby properties.
Positives
Considerations
| Neighborhood | Downtown Rock Island |
|---|---|
| Zip code | 61201 |
| Type | House for rent |
studio apartments at 1606 2nd Ave #1 cost about the same as the average rent price for studio apartments in Rock Island.
| Month | Median Rent |
|---|---|
| May 2024 | $612 |
| June 2024 | $588 |
| July 2024 | $721 |
| August 2024 | $642 |
| September 2024 | $597 |
| October 2024 | $600 |
| November 2024 | $640 |
| December 2024 | $662 |
| January 2025 | $550 |
| February 2025 | $550 |
| March 2025 | $625 |
| April 2025 | $667 |
| May 2025 | $840 |
| June 2025 | $793 |
| July 2025 | $730 |
| August 2025 | $650 |
| September 2025 | $650 |
| October 2025 | $625 |
| November 2025 | $620 |
| December 2025 | $630 |
| January 2026 | $689 |
| February 2026 | $745 |
| March 2026 | $768 |
| April 2026 | $816 |
| Month | Median Rent |
|---|---|
| May 2024 | $840 |
| June 2024 | $840 |
| July 2024 | $834 |
| August 2024 | $818 |
| September 2024 | $840 |
| October 2024 | $840 |
| November 2024 | $840 |
| December 2024 | $840 |
| January 2025 | $840 |
| February 2025 | $840 |
| March 2025 | $840 |
| April 2025 | $840 |
| May 2025 | $840 |
| June 2025 | $840 |
| July 2025 | $840 |
| August 2025 | $840 |
| September 2025 | $840 |
| October 2025 | $840 |
| November 2025 | $840 |
| December 2025 | $1,503 |
| January 2026 | $1,535 |
| February 2026 | $1,283 |
| March 2026 | $1,283 |
| April 2026 | $1,337 |
Can I afford to live at 1606 2nd Ave #1?
Bedrooms
StudioRent-to-income ratio
30%
$60,000/yr
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