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    5Th Street Ct Silvis, IL 61282

    Sponsored
    For Sale
    $595,000

    2.66-acre commercial/residential lot. High visibility, TIF district.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2.66-acre parcel presents a unique investment opportunity in the thriving city of Silvis, Illinois. Located at 0 5th Street, this commercially and residentially zoned (C2) property boasts a prime location adjacent to the HyVee-anchored Twin Oaks Shopping Center, ensuring high visibility and accessibility. The site benefits from its position off Avenue of the Cities (19,100 vehicles per day) and 19th Street (8,600 vehicles per day), guaranteeing significant traffic exposure. The property's location within a Tax Increment Financing (TIF) district offers potential tax advantages. Development options are plentiful, including build-to-suit or leaseback arrangements, making it ideal for a variety of uses. Subdivision along 5th Street is a possibility, allowing for flexibility in development plans. The site is well-suited for multi-family residential or retail development. The surrounding area is rich with amenities, including Auto Zone, Five Below, Genesis Medical Center, and the prestigious TPC Deere Run, home to the John Deere Classic. Numerous lodging, dining, and entertainment options are also conveniently located nearby. This property offers an unparalleled opportunity to capitalize on a high-traffic location and strong surrounding infrastructure. Asking price is $595,000. Zip code: 61282.

    Property Features for 0 5Th Street Ct

    General Information

    Property type
    Land
    Lot Size
    115,870 SF

    HighLights

    • $595,000 asking price.
    • 2.66‑acre commercial and residential land parcel.
    • C2 zoning.
    • High‑visibility location in Silvis, IL, adjacent to HyVee‑anchored Twin Oaks Shopping Center.
    • Located in a Tax Increment Financing (TIF) District.
    • Build‑to‑suit/leaseback options available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Silvis
    County
    Rock Island
    State
    Illinois
    Longitude
    -90.420422
    Latitude
    41.5139375

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - 2.66-acre commercial/residential lot. High visibility, TIF district.
    Where is this land located?
    The property is located at 5Th Street Ct Silvis, IL.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: $595,000 asking price.; 2.66-acre commercial and residential land parcel.; C2 zoning.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5Th Street Ct Silvis, IL 61282
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