For Sale
$450,000
500 8Th St Quincy, IL 62301
11-Unit Apartment Building, High Returns
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- 11-unit apartment building at 500 S 8th Street, Quincy, IL.
- Approx. 20,000 sq ft, built in 1900, generating ~$90,000 annual gross rent.
- Includes renovated first-floor event space, ten 1BR/1BA units, and one 2BR/1BA unit.
- 21 downtown parking spaces.
- One unit gutted, offering renovation potential.
- Low vacancy rates, owner pays trash/water for two units.
Property Details for 500 8Th St
- Property type
- Land, Apartment buildings
- Year Built
- 1900
- Buildings
- 1
- Units
- 11
Location Insight
- City
- Quincy
- County
- Adams
- State
- Illinois
- Latitude
- 39.9263928
- Longitude
- -91.4035283
Nearby Similar for Sale
FAQs
- What type of property is this?
- Land - 11-Unit Apartment Building, High Returns
- Where is the land located?
- The property is located at 500 8Th St Quincy, IL.
- What is the asking price?
- The asking price for this property is $450,000.
- What are key features of this property?
- This property features: 11-unit apartment building at 500 S 8th Street, Quincy, IL.; Approx. 20,000 sq ft, built in 1900, generating ~$90,000 annual gross rent.; Includes renovated first-floor event space, ten 1BR/1BA units, and one 2BR/1BA unit.
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