1214 2ND AVE Silvis, IL 61282-1211

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Cristina Gluszek

cristinagluszek@gmail.com +1(815) 557-3821

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 7,338 sqft

Price per Sqft $21

MLS Listing ID QC4266981

Maintenance Fees $4,665

Year Built 1920

Annual Tax Amount $4,037

Lot Size 6,534 Sqft

Lot Dimensions 50x134x50x133

Property Sub-Type Multi Family 5+

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!

Location

State IL

County Rock Island

Area Silvis

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Vinyl Siding

Listed by RE/MAX Concepts Bettendorf