$155,000

1214 2ND Avenue, Silvis, IL 61282

  • 7,338 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $21/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

5-unit multi-family in Silvis with strong value-add potential! Includes three 2BR/1BA units and two 1BR/1BA units—2 on the main floor, 2 on the second, and 1 on the third. Two renovated units are tenant-occupied (one month-to-month, one on a new lease). Three vacant units need renovation, offering income upside. Exterior updates include new gutters, electrical/security lighting, main water shut-off, and cast iron stack repairs (2025). In 2024, the building received 3 new outside lower decks, foundation repair, new roof, and siding. East-side decks/stairs still needed for upper-unit access/egress. Parking slab for 4 vehicles. Conveniently located near Schadt Park and John Deere Expressway, with hilltop city views. Finish the remaining work and unlock the full income potential of this investment property!

Listing Status:
Active
Listing Office:
RE/MAX Concepts Bettendorf : 563-332-9900
Listing Agent:
Richard Bassford : 563-332-9900
MLS ID:
QC4266981
  • Laundry: Common Area
  • Basement: FullUnfinished
  • Heating: Forced AirNatural GasGas Water HeaterNone
  • Parking: Alley AccessParking PadParking spaces: 0
  • Roofing: Shingle
  • General: Block
  • Road/Access: Alley PavedPaved
  • Originating MLS: rmlsa
  • County: Rock Island
  • Zoning: Outlot 1 Supvr Asst Map Lot 118 Sheet 68 Town Of Silvis09-32-108-003
  • Water: Public SewerPublic
  • Source: rmlsa

This listing courtesy of Richard Bassford, RE/MAX Concepts Bettendorf

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

U

United Township High School

1275 Avenue of the Cities, East Moline, IL, 61244

Grades 9-12

1.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.