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Price cut: $10,000
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Multi Family 5+ · Silvis, IL
$180,000$190,000
beds · baths
1214 2ND Avenue, Silvis, IL, 61282
A brick-and-mortar place to make your own — room to make it home.
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What’s special

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!
— the listing agent’s description

The home

Built in 1920
0.15-acre lot
Multi Family 5+

What it’ll cost

$4,306 taxes / yr
No HOA
Listed $190,000
Now $180,000
37 days on dwello

Estimated monthly payment

$1,369/mo
Principal & interest$957
Property taxes$359
Homeowners insurance$53
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
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37 days on dwello
Price history
Price reduced
Aug 11, 2026
↓ $10,000$180,000
Listed for sale
Jul 7, 2026
$190,000
Earlier records
Listed
Sep 2, 2025
$155,000
Now $10,000 below the original list price.
Property taxes
2025
Annual tax bill (MLS)
$4,306/yr
From county records — verify with the assessor.

Features

NoneWoodVinyl Siding
Neighborhood
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MLS listing dataMRED
Listed by Richard Bassford · RE/MAX Concepts Bettendorf
Listing last updated Aug 11, 2026 · data refreshed from the MLS Aug 11, 2026, 5:02 PM CT
Based on information submitted to the MLS GRID as of Aug 11, 2026, 5:02 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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