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Sold on 06/17/2022

225235 245 12th St, Silvis, IL 61282

$256,000

Last sold 06/17/2022 for $615K

  • —

    bed

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    bath

Multi-family not for sale
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About 225235 245 12th St

Property type Multi-family
Neighborhood
Year built 1984
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
3 buildings, with 4 rental units each (12 total units). This property offers a parking lot, on street parking and an extra lot. Each unit is nearly identical in layout, offering the traditional 2 bedroom, 1 bath floor plan. Buildings offer offer basement storage, washer/ dryer with coin laundry. Great investment opportunity and room to grow, with improvements that could be made to attract a higher rental income. Each building has 4 units, 2 upper, 2 lower, with basement access for laundry and storage. Upper units have deck. Near Schadt Park, restaurants, schools, and more.
Listed by
Listing Office - EXP REALTY, LLC.
Source: RMLS Alliance mls logo
MLS#QC4233029 • last updated 4 years ago
Movoto checked RMLS Alliance for data 15 minutes ago
Overview
Heating Forced Air, Gas, Central
Levels/Style Two Or More Story
MLS # QC4233029
Status Sold
SubType Residential Income
Property Tax 17389
Year Built 1984
Interior
Laundry Common Area
Exterior
Roof Shingle
Construction Brick
Parking On Street, Parking Pad
# of Parking Spaces 15
Lot Features Level, Sloped
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision Park View
Elementary School George O Barr
Middle School Silvis
High School United Township
APN 09-32-123-002
Directions 12th St Silvis Across From Schadt Park
Multifamily Details
Total # of Units 12
Net Operating Income 67460
Expense: Water/Sewer 450
Expense: Operating 7540
Expense: Maintenance 3500
Expense: Trash 120
Gross Income 75000
Expense: Electricity 120
Lot/ Land Details
Add'l Parcel(s) 09-32-123-003 Unit 235 And 09-32-123-001, Unit 225
$256K
Range: $192K-$320K
Last 30 days 
Rental est.: $963/month
Gross rent multiplier: 53.2
  • Year Property taxes Tax assessment
  • 2024
    $7,306 +25.6%
    $77,932 +25.31%
  • 2023
    $5,817 +0.3%
    $62,192 +2.8%
  • 2022
    $5,798 +2.1%
    $60,498 +4.6%
  • 2021
    $5,679 +0.4%
    $57,838 +1.3%
  • 2020
    $5,655
    $57,096
  • 225235 245 12th St
    $615K
  • Qcara Area
    —
  • 61282
    $180K -7% y/y
  • Silvis
    $182K -6% y/y
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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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