Financial
Distress signals
Property profile

709 1st Ave Silvis, IL 61282

OFF-MARKET
Commercial real estate
Property ID
US28-0885080
1,925 SF Built 1964
Last sale May 2021 · $20,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This meticulously renovated 1,400 square foot free-standing commercial building presents a fantastic opportunity for business owners seeking a prime location in Silvis, Illinois. Situated on a 0.13-acre lot off the highly trafficked First Avenue, this property boasts exceptional visibility and accessibility. Recent upgrades include a new roof (2023), complete electrical system overhaul, updated major mechanical systems, and newer windows, ensuring both efficiency and low maintenance costs. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$817
Tax billed · 2022
Assessed value$9k
Assessed land$4k
Assessed improvement$5k
Effective rate9.59%

Value estimate

· Sep 2026
$55k
$50k – $61k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$47/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$23 – $69
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
SIL
JurisdictionROCK ISLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.7
Dental Office11.4
Law Firm10.5

Location

709 1st Ave Silvis, IL 61282-1042
County assessor Recorded deeds · 5 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1040 1st, Silvis, IL 61282-1071 $70,000 May 2024 1,200 SF
724 1st, Silvis, IL 61282-1043 $125,000 Feb 2024 1,499 SF
637 1st, Silvis, IL 61282-2238 $200,000 Jul 2023 3,360 SF
705 Crosstown, Silvis, IL 61282-1650 $72,000 Jun 2023 2,933 SF
89 9th, Silvis, IL 61282-1048 $125,000 Jun 2023 1,800 SF
325 1st, Silvis, IL 61282-1034 $120,000 Oct 2022 1,226 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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