635 1st St Silvis, IL 61282-2238
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.
-
Cut N Cruise With A Touch-Clss Hair Salon Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.