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537 Locust Street

Quincy, IL 62301
  • $190,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: 25012953
UPDATED: 57 min ago
$190,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Don't miss this fantastic investment property on Locust Street in Quincy! This 4-unit apartment building offers excellent income potential with one tenant already in place on a month-to-month lease that would like to stay. Each unit has been updated with fresh paint and new flooring, making them move-in ready for future tenants. The property features a gravel lot behind the building for convenient tenant parking, along with a detached garage for additional storage or potential rental income. Whether you're a seasoned investor or looking to start your rental portfolio, this property offers immediate rental income potential with room to grow! Schedule a showing today to explore this fantastic opportunity. Listing agent accompanied showings. Please provide 48 hour notice to notify tenants. Package pricing offered for any combination of 721 Center, Hannibal; 1001 Bird, Hannibal; 504 Broadway, Hannibal; 640 N. 12th, Quincy; 537 Locust, Quincy.

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Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-03-20T13:39:34.803.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/161328944
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537 Locust Street Quincy, IL 62301

  • Price: $190,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 57 min ago
  • ID#: 25012953
0
Beds
0
Baths
0
½ Baths
0.29
Acres
Neighborhood:
Jackson Grimshaw Sub.
County:
Adams-Il
Area:
Other
Elementary School:
Quincy Dist 172
Middle School:
Quincy Dist 172
High School:
Quincy
School District:
Quincy Dist 172
Property Description
Don't miss this fantastic investment property on Locust Street in Quincy! This 4-unit apartment building offers excellent income potential with one tenant already in place on a month-to-month lease that would like to stay. Each unit has been updated with fresh paint and new flooring, making them move-in ready for future tenants. The property features a gravel lot behind the building for convenient tenant parking, along with a detached garage for additional storage or potential rental income. Whether you're a seasoned investor or looking to start your rental portfolio, this property offers immediate rental income potential with room to grow! Schedule a showing today to explore this fantastic opportunity. Listing agent accompanied showings. Please provide 48 hour notice to notify tenants. Package pricing offered for any combination of 721 Center, Hannibal; 1001 Bird, Hannibal; 504 Broadway, Hannibal; 640 N. 12th, Quincy; 537 Locust, Quincy.
Exterior Features

Attached Garage YN No Construction Materials Vinyl Siding Driveway Gravel Lot Size Dimensions 65x195 Lot Size Source County Records Parking Features Off StreetOn Street

Interior Features

Above Grade Finished Area Source Other Appliances Some Refrigerator(s)Some Range Oven(s) Cooling Electric Heat Source Gas Heating Forced Air Heating YN Yes

Property Features

Association Mark Twain Association of REALTORS Association Fee Frequency None Building Description Flat/Shotgun/Ext Ent Cable Available Yes Current Financing Cash OnlyConventionalOwner May Finance Development Status Unknown Disclosures UnknownFlood Plain NoSellers Discl. Avail Net Operating Income 949 Operating Expense Includes GasInsuranceWater/SewerTaxesFixed ExpensesMaintenance GoundsMaintenanceManager Ownership Private Possession Close Of EscrowSubject to Tenant Rights Property Sub Type Multi-Family 2-4 Sewer Public Sewer Special Listing Conditions RenovatedNone Tax Annual Amount 1752 Tax Year 2024 Tenant Pays Electricity Transaction Type Sale Type Of Units 4-Family Water Source Public

Listing provided courtesy of Prestige Realty, Inc: 2218171. Listing information © 2025 Mid America Regional Information Systems, Inc.
Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-03-20T13:39:34.803.

Fusion Realty, LLC: 618.781.9170
 
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