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Sold on 10/06/2024
Amanda Francis of NextHome QC Realty
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1135 8th Ave, Silvis, IL 61282

$207,000

Last sold 10/06/2024 for $275K

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    bed

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    bath

Multi-family not for sale
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About 1135 8th Ave

Property type Multi-family
Year built 1971
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Check out this income producing property conveniently located in Silvis in a quiet neighborhood and near local shopping, food and gas. This highly desired 4-plex features 2 lower units and 2 upper units that have been recently renovated. With new LVP flooring throughout, fresh paint and updated bathrooms, these apartments do not last long. Each unit is a 1 bedroom apartment featuring a large living room, exceptionally large bedroom, updated full bathroom and an eat in kitchen. Each unit also provides an outdoor space where you can enjoy the peace and quiet of nature. Each unit has a parking space on the parking slab out front of the complex. Tenant pays a $25/month utility fee to go towards water expense. Listing Agent Related to Seller.
Listed by
Listing Agent - Amanda Francis
Listing Office - NextHome QC Realty
Source: MRED mls logo
MLS#QC4256970 • last updated 7 months ago
Movoto checked MRED for data 1 hour ago
Overview
MLS # QC4256970
Status Closed
Type Two To Four Units
Property Tax $ 4416
Year Built 1971
Interior
Basement None
Laundry None
Exterior
Construction Vinyl Siding
Other Structures On Street
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
Other Equipment Water Heater-Gas
Location
County Rock Island
Subdivision Peterson
High School United Township
APN 09-32-320-002
Zoning Resid
Multifamily Details
Expense: Insurance 980
Net Operating Income 27574
Gross Income 36900
Expense: Electricity 330
Expense: Fuel 432
Misc Income 900
Expense: Water/ Sewer 1728
$207K
Range: $161K-$252K
Last 30 days 
Rental est.: $963/month
Gross rent multiplier: 23.8
  • Nov 2024
    mls logo MLS # QC4256970
  • Nov 4, 2024 Sold
    $275,000
  • Nov 4, 2024 Sold
    $275,000 (-1.8%)
  • Oct 8, 2024 Pending
    —
  • Sep 30, 2024 Listed
    $280,000
  • Sep 30, 2024 Listed
    $280,000 (+107.4%)
  • Jul 2023
    Public Records
  • Jul 10, 2023 Sold
    $135,000
  • Year Property taxes Tax assessment
  • 2024
    $5,547 +25.6%
    $59,170 +25.31%
  • 2023
    $4,416 +0.3%
    $47,219 +2.8%
  • 2022
    $4,402 +2.1%
    $45,933 +4.6%
  • 2021
    $4,312 +0.4%
    $43,913 +1.3%
  • 2020
    $4,294
    $43,349
  • 1135 8th Ave
    $275K
  • —
  • 61282
    $180K -7% y/y
  • Silvis
    $182K -6% y/y
No chart available
Statistics calculated by Movoto

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3/10
George O Barr School
public Grades PK, K-5
Silvis School District 34
5/10
Silvis Jr High School
public Grades 6-8
Silvis School District 34
4/10
United Twp High School
public Grades 9-12
United Twp Hsd 30 School District
Source: GreatSchools.org © 2026. All rights reserved.

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