1705 14th St, Silvis, IL 61282-1917
This 1,836 square foot commercial building, located at 1705 14th Street in Silvis, Illinois, presents a unique investment opportunity. Situated on a 0.36-acre lot, this property offers significant versatility. Previously utilized as a community center and church, its adaptable layout includes several separate rooms ideal for office space, making it suitable for a wide range of commercial uses. Imagine the possibilities: a daycare center, a dog care facility, or even a new church home. The building features two single-stall restrooms, ensuring convenience for both staff and clients. Recent upgrades include a new furnace and water heater installed in 2022, providing peace of mind for future owners. A working refrigerator is included in the sale, though it is not warranted. Ample parking is available with approximately 20 or more spaces. The property boasts a gated drive entrance and the potential for complete perimeter fencing, enhancing security and privacy. The property is being sold in "as-is" condition. This prime Silvis location offers exceptional visibility and accessibility, making it an attractive proposition for entrepreneurs and investors alike. Don't miss this chance to acquire a versatile commercial space with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
SIL · Silvis, ILSilvis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.