1001 14th Street, Silvis, IL 62182
Local realty services provided by:CENTURY 21 New Beginnings
1001 14th Street,Silvis, IL 62182
$249,900
- 6 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: lisa carstens, lexie carstens
Office: qc reserve - real broker, llc.
MLS#:12716027
Source:MLSNI
Price summary
- Price:$249,900
About this home
Turnkey investment opportunity! This well-maintained triplex has been proudly owned by the same family since 1977 and offers immediate cash flow with all three 2-bedroom, 1-bath units fully rented. Current rental income totals $2,600 per month, with rents of $800, $800, and $1,000. Tenants pay their own gas and electric, helping minimize owner expenses. One tenant has called the property home for 22 years, demonstrating the property's long-term rental appeal and stability. Two of the three units (1001 & 10011/2) have been thoughtfully updated with new windows, flooring, bathrooms, paint, and more, while the third unit offers the opportunity for future updates and additional value. Amenities include coin-operated laundry, private 3' x 5' basement storage areas for each tenant, and one off-street parking space per unit. Major improvements include a new roof and gutters (2020), new water heater (2023), new sump pump (2024), and new electric meters for each unit. Heat is provided by a boiler system with window A/C units. This solid, income-producing property combines decades of pride of ownership, numerous capital improvements, dependable long-term tenancy, and immediate cash flow-making it an outstanding addition to any investment portfolio. "all information is estimated and should be fully verified by buyers and buyers agents for full accuracy" Can be sold as a package with MLS 12716005...
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Home facts
- Year built:1977
- Listing ID #:12716027
- Updated:September 13, 2026 at 11:07 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:12
- Basement Description:Partial, Unfinished
Heating and cooling
- Heating:Steam
Structure and exterior
- Roof:Asphalt
- Year built:1977
- Lot area:0.22 Acres
- Foundation Description:Concrete Perimeter
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$249,900
- Tax amount:$4,472 (2025)
Parking
- Total parking spaces:3
- Parking description:Off Street
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