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Property profile & analytics
OFF-MARKET
Commercial real estate

635 1st St Silvis, IL 61282-2238

Individually Owned ~ Est. High Equity
Property ID
US28-2419667
Property summary
AI-generated overview

This exceptional commercial property in Silvis, Illinois, presents a unique investment opportunity. Priced at $198,000, this nearly 1.5-acre site boasts two buildings situated at 635 1st Street, zip code 61282. Currently configured as a thriving salon, the main building is fully equipped and ready for immediate occupancy, including existing salon furniture and tanning beds. An additional annex building offers rental income potential, further enhancing the return on investment. The property benefits from high visibility in a busy area, ensuring excellent exposure for any business. A separate parcel lot provides additional development possibilities. The property's zoning allows for both residential and commercial uses, opening doors to a wide range of potential ventures. This turnkey operation is ideal for entrepreneurs seeking an established business or those looking to expand their existing operations. The seller's retirement creates an immediate opportunity for a new owner to step in and capitalize on the existing clientele and income stream. Located in Rock Island County, this Silvis Hilltop location offers a blend of convenience, flexibility, and significant income potential. Don't miss this chance to acquire a versatile and profitable commercial property.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Zoning code SIL
APN 09-31-408-006
UPID US28-2419667
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
Current use
Occupant on record · Public records
  • Cut N Cruise With A Touch-Clss Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Jesse M Greene
Jesse M Greene
since 2025
1 recorded transaction
2025
$175,000
Zoning & alternative use
SIL · Silvis, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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