5-unit multi-family property in Silvis with excellent value-add potential! The building features three 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, with two units on the main floor, two on the second floor, and one on the third. Units A and B are currently tenant-occupied, generating $500/month and $675/month in rental income. Apartments C and D are actively being renovated, while the fifth unit (E) offers additional opportunity to increase value and income. Numerous improvements have already been completed, including all new furnaces (2018), a new roof, siding, three lower decks, and foundation repairs (2024), followed by new gutters, main water shut-off, cast iron stack repairs, and electrical/security lighting (2025). New 2026 updates include new sidewalks along the side and rear of the building, a new exterior deck and stairs serving Apartments C and D, new windows throughout Apartment D, new hallway staircase windows, and two new windows in Apartment C. (The deck serving Apartment E will need work.) Additional features include a parking slab for four vehicles and a convenient location near Schadt Park and the John Deere Expressway with hilltop city views. Continue the renovations and unlock the full income potential of this investment property!
Located in the heart of Silvis along 1st Avenue, this 1,400 sq. ft. standalone building is move-in ready with major updates already done - electrical, plumbing, windows, and mechanicals (2021) plus a new roof (2023). The space includes four to five private offices, reception and waiting area, kitchenette, and restroom, with dedicated rear parking and ample street parking. Zoned C-2.

Silvis is located in Illinois. Silvis, Illinois has a population of 7,942. Silvis is less family-centric than the surrounding county with 19.76% of the households containing married families with children. The county average for households married with children is 26.3%.
The median household income in Silvis, Illinois is $63,008. The median household income for the surrounding county is $58,974 compared to the national median of $69,021. The median age of people living in Silvis is 43.5 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 15 degrees. The average rainfall is approximately 37 inches per year, with 27.9 inches of snow per year.