Property profile

724 1st Ave Silvis, IL 61282

OFF-MARKET
Commercial real estate
Property ID
US28-0082101
1,499 SF Built 1943
Individually Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1943
Total area 1,499 SF
Zoning code SIL
APN 09-31-213-005
UPID US28-0082101

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Building Supply Hardware & Home Improvement

Location

724 1st Ave Silvis, IL 61282-1043
Silvis metro Census 20302 DAVENPORT-MOLINE-ROCK ISLAND, IA-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$125k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$125k

Owner & transaction history

since 2024
Last sale
$125,000
7 recorded transactions
2024
Price N/A
2024
$125,000
2024
$125,000
2005
$90,000
1998
$47,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

SIL · Silvis, IL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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