523 COLLEGE AVE Active Save Request In-Person Tour Request Virtual Tour
Quincy,IL 62301
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 2,013 sqft
Price per Sqft $19
MLS Listing ID CA1032813
Originating Board rmlsa
Annual Tax Amount $985
Tax Year 2023
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 87x100
Property Sub-Type Residential Income
Property Description
Unique investment opportunity with multiple properties included in one package! This purchase includes an empty lot at 523 College, along with a 2-unit duplex at 525-527 College, and an additional rehab-ready home at 519 College. The duplex currently has long-term tenants, generating steady income of $800/month, with each unit featuring a spacious, mirrored layout to centralize plumbing. Heating is provided by wall-mounted gas heaters with baseboard heaters as a backup. The property also benefits from an updated roof (year unknown) and a welcoming covered front porch. The home at 519 College is prepped for a full rehab, offering the ideal blank slate for investors looking to bring this property back to life. Included building materials, like era-appropriate kitchen cabinets, will convey with the sale. This all-inclusive package provides endless possibilities, from rental income to development potential on the additional lot. An incredible opportunity to add value and increase revenue in a well-situated location! 23-5-0715-000-00, 23-5-0717-000-00. Prop taxes are for all 3 combined. Lot size is for all 3 parcels.
Location
State IL
County Adams
Area Quincy
Direction College between 5th & 6th. North side of the street.
Rooms
Basement Cellar
Interior
Heating Baseboard,Wall Unit(s)
Fireplace N
Laundry Units Hook-Ups
Exterior
View true
Roof Type Shingle
Street Surface Alley,Curbs & Gutters
Total Parking Spaces 1
Garage 1
Building
Lot Description Level
Faces College between 5th & 6th. North side of the street.
Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1373640Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":400,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1373640Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":400,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1373640Group_3\"}]
Foundation Stone
Water Public Sewer,Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Rooney
High Schools Quincy School District #172
Others
Tax ID 23-5-0716-000-00