$2,500,000

729 11th Avenue B Ct Silvis, IL 61282

Estimated payment $17,496/month

Total Views 9,086
-- Bed
-- Bath
7,154 Sq Ft
$349 Price per Sq Ft

Highlights

  • 1.22 Acre Lot
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

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!

Listing Agent

Richard Bassford

RE/MAX Concepts Bettendorf License #S42142000/475.142927 Listed on: 09/12/2025

RE/MAX Concepts Bettendorf

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $52,312

Year Built

  • Built in 1977

Lot Details

  • 1.22 Acre Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,154 Sq Ft Home
  • Tile Flooring

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 5 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$52,312

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Commercial
  • Ownership Type: LLC
  • Year Built: 1977
  • Built Before 1978 (Y/N): Yes
  • Legal Description: Lot 13 Illini Plaza
  • Information: 24-Hr Notice Required,No Sign on Property,Othr-Call List Agent
  • Estimated Age: 36-50 Years
  • Sale Price Includes: Building
  • Actual Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Tile
  • OwnerPays: Common Area Maintenance, Insurance, Snow Removal, Structure, Trash Collection, Water
  • Possible Use: Multi-Family

Exterior Features

  • Construction Materials: Brick, Stucco
  • Frontage Type: City Street

Utilities

  • Cooling: Central Air
  • Water Source: Municipal Water
  • Heat/Ventilation: Forced Air,Gas

Lot Info

  • Lot Size Acres: 1.22
  • Lot Dimensions: Lengthy
  • Lot Size Sq Ft: 53143
  • Zoning: Resid
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 7154

Rental Info

  • Board Number: 30

Multi Family

  • NumberOfUnitsTotal: 5

Tax Info

  • Tax Annual Amount: 52312

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,666 $140,494 $16,167 $124,327
2023 $13,666 $106,981 $12,311 $94,670
2022 $10,385 $104,067 $11,976 $92,091
2021 $10,201 $99,490 $11,449 $88,041
2020 $10,132 $98,213 $11,302 $86,911
2019 $9,913 $96,429 $11,097 $85,332
2018 $9,913 $96,429 $11,097 $85,332
2017 $9,660 $94,631 $10,890 $83,741
2016 $9,633 $94,160 $10,836 $83,324
2015 $9,469 $92,314 $10,624 $81,690
2014 $2,863 $90,000 $10,358 $79,642
2013 $2,863 $90,000 $10,358 $79,642
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2025 09/12/25 For Sale $2,500,000 +825.9% $349 / Sq Ft
10/31/2013 10/31/13 Sold $270,000 -25.0% $37 / Sq Ft View Prior Sale
09/13/2013 09/13/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $359,900 -- $49 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,900,000 Brooks Law Firm Pc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $325,600 New Conventional
Closed $240,000 No Value Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4267425

Midwest Real Estate Data (MRED)

APN: 18-06-205-007