206 8th ST, Silvis, IL 61282
206 8th ST, Silvis, IL 61282
206 8th ST, Silvis, IL 61282
8
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$80,000
Est. payment /mo
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2 Beds
1 Bath
1,078 SqFt
New

206 8th ST Silvis, IL 61282

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Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 1,078 sqft

Price per Sqft $74

MLS Listing ID 12764110

Bedrooms 2

Full Baths 1

Year Built 1920

Annual Tax Amount $3,271

Tax Year 2025

Lot Size 6,098 Sqft

Lot Dimensions 5948

Property Sub-Type Detached Single

Property Description

Welcome to 206 8th Street, Silvis, IL-a value-add opportunity for an investor, handyman, or cash buyer looking for a property with plenty of potential and room to build equity. Offered at just $80,000 - CASH ONLY, this property is priced with the investor in mind. Recent comparable sales indicate a potential resale value around $130,000, giving the right buyer an opportunity to purchase well below surrounding resale values, make the necessary improvements, and unlock the property's potential. Buyers should perform their own due diligence regarding after-repair value and renovation costs. The property is being offered with a strong preference for an AS-IS sale. It will be delivered vacant, and arrangements can also be made to have the property cleared out if needed. Since property is trashed inside. This is an excellent opportunity for someone who isn't afraid of a little work and is looking for a project where improvements can translate into meaningful equity. Property Highlights: Offered at just $80,000 CASH ONLY Recent comps indicate approximately $130,000 resale potential Great opportunity for investors and handymen Significant potential to improve and build equity AS-IS sale preferred Delivered vacant Can potentially be delivered cleared out SHOWINGS BY APPOINTMENT ONLY At this price point, 206 8th Street offers the kind of spread and upside value-add buyers are looking for. Bring your vision, put in the work, and take advantage of the potential. CASH BUYERS ONLY - schedule your private showing today. BY APPOINTMENT ONLY.

Location

State IL

County Rock Island

Area Silvis

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Fireplace N

Exterior

Garage Spaces 1.0

Building

Dwelling Type Detached Single

Building Description Frame, No

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Structure Type Frame

New Construction false

Schools

School District 34 , 34, 30

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Kathleen Bak of  Gates and Gables Realty 

NEARBY SCHOOL & BUSINESS

Riley Ricobene
Riley Ricobene

Broker License ID: 263392

+1(630) 470-0580 | rileyricobene1@gmail.com

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206 8th ST