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Sold on 02/21/2020
Robert Bermes of Bermes Properties
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601-603 8th St, Silvis, IL 61282

$184,000

Last sold 02/21/2020 for $110K

  • —

    bed

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    bath

Multi-family not for sale
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About 601-603 8th St

Property type Multi-family
Year built 1975
HOA fee $0/month
Lot size 0.93 Acre
Movoto estimate
Rental estimate
Property description
Well kept silvis duplex for sale. Turnkey investment. Fully occupied with long term tenants. All separate meters and utilities. Shared detached 2 car garage and 1 driveway spot per unit. Rent is $665 per unit with room to increase. In unit laundry hook ups.
Listed by
Listing Agent - Robert Bermes
Listing Office - Bermes Properties
Source: MRED mls logo
MLS#QC4208860 • last updated 7 months ago
Movoto checked MRED for data 7 minutes ago
Overview
Cooling/AC Central Air
MLS # QC4208860
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.93
Property Tax $ 3714.64
Year Built 1975
Interior
Laundry Washer Hookup
Exterior
Construction Vinyl Siding
Lot Desc Cul-De-Sac
Amenities / Utilities
Utilities Cable Available
Sewer/ Septic Desc Public Sewer
Water Source Public
Other Equipment Water Heater-Gas
Location
County Rock Island
Subdivision Frandsen Park Ridge
High School United Township
APN 931412011
Directions 601-603- 8th St
Multifamily Details
Net Operating Income 31920
Gross Income 31920
Misc Income 15960
$184K
Range: $136K-$231K
Last 30 days 
Rental est.: $963/month
Gross rent multiplier: 9.5 - Good
  • Mar 2020
    mls logo MLS # QC4208860
  • Mar 31, 2020 Sold
    $110,000
  • Jan 18, 2020 Listed
    $110,000 (+10.0%)
  • Sep 2007
    Public Records
  • Sep 7, 2007 Sold
    $100,000
  • Year Property taxes Tax assessment
  • 2024
    $4,043 +4.3%
    $43,125 +4.04%
  • 2023
    $3,877 +0.3%
    $41,449 +2.8%
  • 2022
    $3,864 +2.1%
    $40,320 +4.6%
  • 2021
    $3,785 +0.4%
    $38,547 +1.3%
  • 2020
    $3,769
    $38,052
  • 601-603 8th St
    $110K
  • —
  • 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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