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$300,000
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Property Description
Strong Rental History: A proven track record of steady occupancy and reliable rental income, showcasing the property's appeal and profitability. Whenever a vacancy occurs there is a wait-list! A meticulously maintained 12-plex that stands out as a premier investment opportunity in this quaint and growing community. This well-kept multi-family property offers a blend of classic charm and profitability. Situated in the heart of Annawan, residents enjoy easy access to local shops, schools, and parks, enhancing the appeal of this desirable location. Ample parking space available for residents, adding to the convenience and value of the property. A majority of the windows on the building have been replaced, the owners have installed PEX to many of the units, and a metal roof has been installed...... Rents as follows: #1 $730, #2 $730, #3 $510, #4 $525, #5 $500, #6 $550, #7 $920, #8 $550, #9 $700, #10 $525, #11 $575, #12 $510
Full Property Details
Full Property Details for 306 W 2nd St
General
- Sold For: $300,000
- Taxes: $2,642
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: QC4265481
- Added to Site: 106 day(s) ago
Location
- County: Henry
- Driving Directions: On IL-78 S Turn right onto W 2nd St. Continue straight to reach 306 W 2nd St on your left.
Heating & Cooling
- Heating Type: Baseboard
Structural Information
- Construction: Brick, Vinyl Siding, Wood Siding
- Exterior Const.: Brick, Vinyl Siding, Wood Siding
- Basement Desc.: Crawl Space, Partially Finished
- Foundation: Brick/Mortar
- Roof: Metal
- Square Feet: 8,598
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- # Dryers: 2
Lot Features
- Lot Size (Acres): 0.22
- Lot Dimensions: 64 x 150
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $23,196
- Assessment Year: 1900
- Tax Amount: $2,642.6
- Tenant Pays: Other, None
Disclosures and Reports
- Documents Avail.: Legal-Description
- Property ID: 15-03-377-018
Listed and Sold by Quad Cities Iowa Realty - Moline
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Schools
Schools serving 306 W 2nd St
School District:Annawan Community Unit School District 226
| Name | Grades | Distance |
|---|---|---|
Annawan Grade School 501 West South Street, Annawan, IL 61234 | PK-8 | 0.3 mi |
Annawan High School 501 West South Street, Annawan, IL 61234 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 306 W 2nd St
Date
Details
Price
Change
Source
10/01/2025
Sold
$300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
306 W 2nd Street, Annawan, IL 61234 (MLS# QC4265481) is a Commercial property that was sold at $300,000 on October 01, 2025. Want to learn more about 306 W 2nd Street? Do you have questions about finding other Commercial real estate for sale in Annawan? You can browse all Annawan real estate or contact a Coldwell Banker agent to request more information.
