6-Unit Apartment
For Sale
$180,000
Pending
1911 16th Street, Silvis, IL 61282
Each residence has two bedrooms, a private patio, and washer/dryer hookups.
Property Size5,850 SF
Days on Market26
Property Features for 1911 16th Street
General Information
Standard status
Pending
Size
5,850 SF
Property subtype
Commercial
Building Details
Year Built
1968
Listing Agency:
Ruhl&Ruhl REALTORS Moline
(309) 743-8000
Listed By:
Brandon Kennedy
(708) 715-7211
Source:
Helenoliveri
Added: Oct 5
Changed: Oct 28
Last Checked: Oct 28 at 3:53PM
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 Ruhl&Ruhl REALTORS Moline
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Investment Insights
Based on property information with market context.
This 6-unit apartment building, constructed in 1968, contains six two-bedroom, one-bathroom residences. Each unit has a kitchen, dining room, living room, patio, and hookups for an in-unit washer and dryer. Four units are occupied; two lower-level units are vacant and require work before they can be rented. One has been renovated but needs a plumbing issue addressed, while the other has been taken down to the interior and needs plumbing repairs and a full renovation. The property is offered in its current condition.
Residents pay gas and electric. The owner covers water, sewer, electricity in common areas, trash service, lawn care, and snow removal. The building is on 16th Street in Silvis, near schools, parks, John Deere Road, and Avenue of the Cities.
Residents pay gas and electric. The owner covers water, sewer, electricity in common areas, trash service, lawn care, and snow removal. The building is on 16th Street in Silvis, near schools, parks, John Deere Road, and Avenue of the Cities.
Key Highlights
- Six apartments, each with 2 bedrooms and 1 bathroom
- Four units occupied; two lower units vacant and not rent ready
- Each apartment includes a kitchen, dining room, living room, patio, and washer/dryer hookups
Location Intelligence
Trade Area within ½ mile
401
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
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence has two bedrooms, a private patio, and washer/dryer hookups.
Where is this apartment building located?
The property is located at 1911 16th Street 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 with 2 bedrooms and 1 bathroom; Four units occupied; two lower units vacant and not rent ready; Each apartment includes a kitchen, dining room, living room, patio, and washer/dryer hookups
