Property Description
Welcome to this property located in Silvis, IL. Built in 1977. this home is offered at $2,400,000.
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!
Climate control includes central air cooling.
The property sits on a Lengthy lot.
Utilities include municipal water water.
Located in Rock Island County.
Annual property taxes are $52,312 (as of 2024).
- Principal and Interest
- Property Tax
- HOA fee
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