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Residential Income - Silvis, IL
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!
Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the l...
Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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