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!
For sale
Price cut: $14.9K (10/10)
$155,000
1214 2nd Ave, Silvis, IL 61282
6beds
4baths
7,338sqft
Est.:
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$21/sqft
$-- HOA
What's special
- 78 days |
- 227 |
- 8 |
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