5-Unit Multifamily
1214 2nd Avenue Silvis, IL 61282
For Sale
$155,000
Five-unit apartment building with three 2BR/1BA and two 1BR/1BA units, including recent exterior updates and vacant renovation units.
Days on Market360
Property Features for 1214 2nd Avenue
General Information
Standard status
Active
Property subtype
Multi Family 5+ / Multi Family 5+-Other / Multi Family 5+
Building Details
Year Built
1920
Listing Agency:
RE/MAX Concepts Bettendorf
(309) 292-3681
Listed By:
Richard Bassford · License #S42142000/475.142927
(309) 292-3681
Source:
Compass
Added: Aug 3, 2025
Changed: Jul 22
Last Checked: Jul 27 at 11:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Concepts Bettendorf
Investment Insights
Based on property information with market context.
This is a five-unit multifamily property with three 2BR/1BA units and two 1BR/1BA units. The unit mix is distributed with two units on the main floor, two on the second level, and one on the third. Two units are renovated and tenant-occupied, while three vacant units require renovation.
Recent exterior updates include new gutters, electrical/security lighting, a main water shut-off, and cast iron stack repairs completed in 2025. In 2024, the building also received three new outside lower decks, foundation repair, a new roof, and new siding. Additional work is still needed for the east-side decks/stairs that provide upper-unit access and egress.
The property includes a parking slab for four vehicles. It is located near Schadt Park and the John Deere Expressway, with hilltop city views.
Recent exterior updates include new gutters, electrical/security lighting, a main water shut-off, and cast iron stack repairs completed in 2025. In 2024, the building also received three new outside lower decks, foundation repair, a new roof, and new siding. Additional work is still needed for the east-side decks/stairs that provide upper-unit access and egress.
The property includes a parking slab for four vehicles. It is located near Schadt Park and the John Deere Expressway, with hilltop city views.
Key Highlights
- 5‑unit apartment building (Year Built 1920) with three 2BR/1BA units and two 1BR/1BA units
- Exterior updates include new roof and siding, plus 3 outside lower decks added in 2024
- 2025 exterior improvements include new gutters, electrical/security lighting, main water shut‑off, and cast iron stack repairs
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit apartment building with three 2BR/1BA and two 1BR/1BA units, including recent exterior updates and vacant renovation units.
Where is this apartment building located?
The property is located at 1214 2nd Avenue Silvis, IL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 5‑unit apartment building (Year Built 1920) with three 2BR/1BA units and two 1BR/1BA units; Exterior updates include new roof and siding, plus 3 outside lower decks added in 2024; 2025 exterior improvements include new gutters, electrical/security lighting, main water shut‑off, and cast iron stack repairs
