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

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!

99 days

197

6

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Forced Air, None

Appliances

Included: Gas Water Heater, Dryer, Range, Refrigerator, Washer, Water Heater
Laundry: Common Area

Features

Basement: Full,Unfinished

Interior area

Total structure area: 7,338
Total interior livable area: 7,338 sqft

Property

Parking

Parking features: Alley Access, Parking Pad
Has uncovered spaces: Yes

Lot

Size: 6,534 Square Feet
Dimensions: 50 x 134 x 50 x 133
Features: Level, Sloped

Details

Parcel number: 0932108003

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Foundation: Block
Roof: Shingle

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Silvis

Location

Region: Silvis

Financial & listing details

Price per square foot: $21/sqft
Tax assessed value: $129,216
Annual tax amount: $4,037
Date on market: 9/2/2025
Cumulative days on market: 100 days
Lease term: Month To Month
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,201/mo

Price history

Date	Event	Price
10/10/2025	Price change	$155,000-8.8%$21/sqft
Source: RMLS Alliance #QC4266981 Report a problem
9/2/2025	Listed for sale	$169,900+41.7%$23/sqft
Source: RMLS Alliance #QC4266981 Report a problem
5/1/2019	Listing removed	$119,900$16/sqft
Source: Mel Foster Co. Inc. of Iowa & Illinois - Mel Foster Co. Moline #4198851 Report a problem
12/26/2018	Listed for sale	$119,900+26.2%$16/sqft
Source: Mel Foster Co. I74 #4198851 Report a problem
12/16/2014	Sold	$95,000$13/sqft
Source: Public Record Report a problem