831 Maine StQuincy, IL 62301

  • Commercial real estate
For Sale
$580,000 View listing

Property Details for 831 Maine St

Property type
Commercial real estate
APN
231086800000
APU
231086800000

Description

This exceptional 12,875 square foot commercial building, situated on a 0.38-acre lot at 831 Maine Street in Quincy, Illinois, presents a unique investment opportunity. Located in the heart of the downtown district, this three-story structure offers a blend of commercial and residential potential. The ground floor encompasses over 7,275 square feet of adaptable space, ideal for a variety of uses. A significant portion of this level features high ceilings and two 12x14 overhead doors, previously utilized as an auto body/repair shop and office, offering flexibility for various businesses. The upper two floors comprise four spacious, unfinished apartment units, presenting a substantial value-add opportunity for a savvy investor or owner-occupant. These units are ready for complete renovation to create modern residential spaces. Ample parking is available, adding to the property's appeal. The building will be completely vacant by December 2024, providing immediate occupancy for a new owner. This property is perfectly suited for owner-occupancy, mixed-use development, or a lucrative investment venture. Its central location and versatile layout make it an attractive proposition for a wide range of buyers. Don't miss this chance to acquire a significant property in a thriving downtown area.

831 Maine St, Quincy, Illinois

Location Insight

City
Quincy
County
Adams
State
Illinois
Latitude
39.9322
Longitude
-91.402
CBSA code
39500
CBSA name
QUINCY, IL-MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$6,195
$29,090
$59,320
$88,410
-
$87,270
$177,960
$265,230

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