IL > Quincy
Quincy, IL 62301,818-20 S 8th ST
Quincy, IL 62301,818-20 S 8th ST
Quincy, IL 62301,818-20 S 8th ST
Quincy, IL 62301,818-20 S 8th ST
Quincy, IL 62301,818-20 S 8th ST
Quincy, IL 62301,818-20 S 8th ST
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Jeremiah Butler

Jeremiah Butler

Realty One Group Ethos

+1(630) 209-8382
$ 175,000
Est. payment | /mo

4 Beds

4 Baths

6,534 Sqft Lot

Save
$ 175,000
Est. payment | /mo
Save

4 Beds

4 Baths

6,534 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12277252

Bedrooms 4

Full Baths 4

Annual Tax Amount $1,688

Tax Year 2023

Lot Size 6,534 Sqft

Lot Dimensions 60.5 X 112.5

Property Sub-Type Two to Four Units

Property Description

Excellent investment opportunity with this updated 4-unit property on S. 8th Street. This multi-family building offers a unique chance for an owner-occupant to live in one unit while generating rental income from the others, making it an ideal entry into real estate investing. Key features: * Potential Gross monthly rent of $2,050 ($24,600 / year) * 4 units, each with 1 bedroom and 1 bath * 3 units recently updated with modern plank flooring and fresh paint * 1 unit occupied by a long-term tenant * Garage (currently unrented) and off-street parking * Recent exterior improvements: tuckpointing and new paint * Separate electric & gas meters * 2 x month to month leases Perfect for first-time investors: * One vacant unit available for immediate owner occupancy * Option to lease vacancy to a non profit for $600 / month on 12 month lease * Collect rent from other tenants to offset mortgage costs * Gain valuable landlord experience while building equity * Excellent starting point for a rental property portfolio Additional benefits: * Down Payment Assistance available for eligible buyers * Potential for increased rental income by leasing the garage and signing new leases for at-will tenants. Great building for new or experienced investors. 'other' roof is Rolled 2 furnaces, 4 water heaters, both gas, Separate Electric Meters, Separate Gas Meters, HiSpd Intrnt Fiber Avail

Location

State IL

County Adams

Area Quincy

Zoning COMMR

Rooms

Basement Partial

Interior

Heating Forced Air

Equipment Water Heater-Gas

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 1.0

Building

Dwelling Type Two to Four Units

Water Public

New Construction false

Schools

Elementary Schools Lincoln-Douglas

High Schools Quincy

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Spencer Schelp • Swick Realty
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(630) 209-8382

jeremiah@rogethos.com

760 Pasquinelli Dr Suite 348, Westmont, Illinois, 60559, United States

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818-20 S 8th ST