1001 14th Street

Silvis, IL 62182

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

Listing Courtesy of MRED as distributed by MLS Grid of QC Reserve - Real Broker, LLC



Based on information submitted to the MLS GRID as of 2026-09-29 05:26 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-29 05:26 AM UTC
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