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729 11th Avenue B Court Silvis, IL 61282

$2,400,000
Active / MLS# QC4267424 / Multi Unit - Multiple / Silvis
0 Beds
7154 SqFt

Includes: 2424 40th Ave., 3902 25th St., 4002 25th St.,4004 25th St., & 4006 25th St - all in Moline. This rare multi-property offering contains 6 income-producing assets across Silvis & Moline, IL, delivering a total of 42 rental units-including 35 apartments & 7 commercial suites. All 35 apartment units are fully rented, w/ many long-term tenants in place, & 5 of 7 commercial suites are occupied, creating immediate cash flow w/ room for additional upside. Located within seconds of one another, the Moline properties provide operational efficiency, while the Silvis property adds geographic diversification within the QC market. With proven occupancy history, minimal turnover, & well-situated locations, this portfolio offers investors both stability & long-term growth potential! See docs for add'l property info.

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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 10,392.67 per month $5,333.33 Principal & Interest $4,359.33 Property Tax $700.00 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Cooling: Central Air
Lot Size: 1.23 Acres
Stories: 3.0
Taxes: $52,312
Year Built: 1977

Feature Descriptions

Current Use: Commercial
Electric: Separate Meters
Exterior: Brick, Stucco
Frontage Type: Paved
Lot Dimensions: Lengthy
Parcel#: 1806205007
Units: 5

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX Concepts Bettendorf

Listing Office Phone: 563-332-9900



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