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$280,000   Price Analysis
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1113 2nd Ave
Silvis, IL 61282
Unknown bed 4 bath 3,900 SqFt ($71/SqFt)
4,356SqFt lot. Built 2005
Listed 2024-02-28, Taxes $7,296		Ⓧ USDA Ineligible
due to location
near Silvis

Coming soon.

* Sale Pending *

Built in 2005!! This traditional 4plex has separate gas/electric meters, an off street parking lot and sits in a quiet neighborhood. The building is split with 2 units up and 2 units down and all are 2 bedroom 1 bath.

There are washer and dryer hookups in each unit with individual laundry rooms. There is lso plenty of off street parking and is located down the hill from Schadt Park.


Presented by Bob Case at
Ruhl&Ruhl Realtors, Bettendorf Office.
Listing Agent Photo

Property MLS #QC4250480 from RMLSAlliance

Laundry Features: Private, Units Hook-Ups

Full Bathrooms: 4

Heating Features: Electric, Forced Air, Gas, Central Air, Gas Water Heater

Lot Description: Corner Lot, Level
Lot Size Acres: 0.1
Lot Size Dimensions: 50x140x50x140
Lot Size Square Feet: 4356

Road Surface Type: Curbs & Gutters

Parking Features: Parking Pad
Parking Total: 8

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit 1 Total Actual Rent: 800
Unit 2 Total Actual Rent: 775
Unit 3 Total Actual Rent: 800
Unit 4 Total Actual Rent: 800

High School: United Township

George O Barr School is a public elementary school located approximately 0.3 miles away.
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Silvis Jr High School is a public middle school located approximately 0.3 miles away.
directions icon Map directions

United Twp High School is a public high school located approximately 1.7 miles away.
directions icon Map directions

One World School- LLC is a private middle and high school located approximately 1.6 miles away.
directions icon Map directions

Lease Term: Variable
Tenant Pays: Gas & Electric

Annual Tax Amount: 7296
Source Listing Status: Pending
County: Rock Island
Directions: 2nd Avenue
Tax Year: 2023
Source Property Type: Residential Income
Insurance Expense: 2073
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 4
Number of Separate Water Meters: 4
Parcel Number: 09-32-106-011
Trash Expense: 1320
Property Subtype: Residential Income
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2021$71,893 + $2,418
$74,311		$7,296
2020$70,970 + $2,387
$73,357		$7,266
2019$69,681 + $2,344
$72,025		$7,193
2018$69,681 + $2,344
$72,025		$7,161
2017$68,382 + $2,300
$70,682		$7,089
2016$68,042 + $2,289
$70,331		$7,092
2015$66,708 + $2,244
$68,952		$7,078
2014$65,400 + $2,200
$67,600		$6,614
2013$65,036 + $2,188
$67,224		$6,536
2012$66,067 + $2,223
$68,290		$6,464
2011$66,067 + $2,223
$68,290		$6,441
2010$66,067 + $2,223
$68,290		$6,426
2009$65,123 + $2,191
$67,314		$6,198
2008$63,846 + $2,148
$65,994		$6,055
2007$59,841 + $2,127
$61,968		$5,658
2006$59,249 + $2,106
$61,355		$5,579

Listed 2024-02-28
$280,000
RMLSAlliance
Listing removed 2023-07-26
$0
RMLSAlliance
Price Changed 2023-07-11
$315,000
RMLSAlliance
Listed 2023-06-22
$325,000
RMLSAlliance
Listing removed 2023-06-21
$0
RMLSAlliance
Price Changed 2023-05-22
$329,900
RMLSAlliance
Listed 2023-04-27
$349,000
RMLSAlliance
Sold 2017-05-16
$215,000
Public Record

Net Operating Income: -14189
Operating Expense: 6893

Year Built: 2005
Building Area Total: 3900
Construction Materials: Vinyl Siding
Foundation Details: Concrete
Property Age: 19
Roof: Shingle
Structure Type: Quadruplex

Electric Expense: 600
Water Sewer Expense: 2900
Water Source: Public Sewer, Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.