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2943 18th Ave, Rock Island, IL, 61201

KFC
$1,397,142

Key Information

Cap Rate
7%
$ per SF
$607
Lot Size
0.29 Acres
Year Built
1994
Term Remaining
±8.5 YRS
Type
Retail
NOI
$97,800
Leasable Area
2,100

Highlights

  • Significant Industrial Growth & Investment: The region has seen over $1.48 billion in investments and 2,878 new jobs over the past five years. Major developments include Meta’s $800 million data center, expansion at the TBK Bank Sports Complex, and a surge in industrial building projects.
  • The Quad Cities region is a major manufacturing hub driven by heavy machinery, metal production, and defense, anchored by companies like John Deere, Arconic, and the Rock Island Arsenal. Other significant manufacturers include HNI Corp., SSAB, 3M Company, Kraft Heinz, and Sears Manufacturing.
  • Home to Augustana College, St. Ambrose University, and Western Illinois University–QC, alongside community colleges Black Hawk College and Eastern Iowa Community College.
  • Low Cost of Business & Living: The Quad Cities offers a cost of living roughly 10% below the U.S. average, with some of the lowest electric rates in the nation. It is ranked #5 most affordable small city to buy a home, offering high ROI for investors.
  • Bally’s Quad Cities Casino & Hotel in Rock Island generated over $56.4 million in gross revenue during 2023. Additionally, the region benefits from gaming revenue from Iowa-side casinos, while Illinois casinos as a whole saw rising revenue in early 2026, with Bally’s Quad Cities recording notable increases.

Photos

Location

Agents

Broker of Record

Matthew M. Fitzgerald

License # 478027547, 471021676 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661