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Megan Pieper

meganpieper@outlook.com +1(563) 650-0546

Listed by Jacquelyn Weisenburger • Happel, Inc., REALTORS

$ 40,000

Est. payment -/mo

Save

Price Dropped by $14K

523 COLLEGE AVE Quincy, IL 62301

2,013 SqFt

UPDATED:

01/30/2025 08:01 PM

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

Megan Pieper

Agent

+1(563) 650-0546

Megan Pieper

523 COLLEGE AVE Quincy, IL 62301

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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523 COLLEGE AVE