4703 44th St
Rock Island, IL 61201 Saukie

$2,900,000 USD

Office For Sale • 43,273 SF

Property Details

Property Type Office
Total Building Size 43,273 SF
Lot Size 4.36 AC
Building Class C
Year Built 1984
Tenancy Multiple

34 Transit Score

26 Walk Score

                
                    Highlights
                
                                Essential Service Tenant Base: The property is 85.6% occupied and anchored by long-standing medical, behavioral health, and government service users.
                            
                                $362K of Recent Capital Improvements: Ownership completed substantial upgrades in 2024, including new roofs on all four buildings.
                            
                                Diverse Mix of Services: The tenant roster includes counseling practices, therapy groups, legal and social service organizations, and state agencies.
                            
                                Attractive In Place Income with Built-In Growth: The asset generates $295,944 NOI at a 10.20% cap rate and benefits from annual rent increases.