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    OFF-MARKET
    Commercial real estate

    1705 14th St, Silvis, IL 61282-1917

    Individually Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US28-0689899
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Zoning code SIL
    APN 18-05-308-002
    UPID US28-0689899
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Sudanese Community Of Quad Cities · 4 yrs held
    Sudanese Community Of Quad Cities
    since 2021
    2 recorded transactions
    2024
    2021
    Zoning & alternative use
    SIL · Silvis, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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