Building Details

Buildings 1

Listing Agency: Ruhl&Ruhl REALTORS Moline m***@ruhlhomes.com Show Phone

Listed By: Brandon Kennedy Show Phone

Source: Exprealty

Added: Oct 6 Changed: Oct 13 Last Checked: Oct 13 at 2:15AM

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Investment Insights

Based on property information with market context.

This six-unit apartment property in Silvis contains six two-bedroom, one-bath residences. Each has a kitchen, dining room, living room, patio, and washer/dryer hookups. Four units are occupied; the two lower-level apartments are vacant and need work before rental. One has undergone renovation but requires plumbing repair, while the other has been stripped and needs plumbing work and a full renovation.

Residents pay gas and electric. The owner covers water, sewer, common-area electricity, trash, lawn care, and snow removal. The property is near schools, parks, John Deere Road, and Avenue of the Cities.

Key Highlights

• Six apartments, each configured with two bedrooms and one bathroom
• Each residence includes a kitchen, dining room, living room, patio, and washer/dryer hookups
• Four of the six apartments are occupied; the two lower units are vacant

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Nail Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6

Residential units

Location Intelligence

Trade Area within ½ mile

190

Businesses Nearby

Explore this area Business Placement

Demographics for 61282, IL

8,278

Population

4,665

Households

1.8

Avg Household Size

42

Median Age

16%

College-Educated

95%

High-School Grad

3.1 sq mi

ZIP Area

2,670

Density / Sq Mi

$67,833

Median Household Income

$38,285

Median Earnings

$977

Median Rent

$159,400

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Apartment building - Six two-bedroom homes have private patios and hookups for in-unit laundry.

Where is this apartment building located?

The property is located at 1911 16th St Silvis, IL.

What is the asking price?

The asking price for this property is $180,000.

What are key features of this property?

This property features: Six apartments, each configured with two bedrooms and one bathroom; Each residence includes a kitchen, dining room, living room, patio, and washer/dryer hookups; Four of the six apartments are occupied; the two lower units are vacant