7200 STATE ST Active Save Request In-Person Tour Request Virtual Tour
Quincy,IL 62305
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CA1030411
Originating Board rmlsa
Annual Tax Amount $9,610
Tax Year 2022
Lot Size 38.320 Acres
Acres 38.32
Property Description
Exceptional Investment Opportunity: This prime real estate includes 58 rental pads, presenting a significant value-add potential. Spanning over 18.32 acres, the main property also comes with an additional 20 acres rich in timber. Ideally situated just outside the Quincy, IL city limits, the property benefits from RU1 zoning. There are several value add opportunities that can be addressed quickly to raise income. Competitively priced at $925,000, the owner is highly motivated and open to negotiations for a prompt sale.
Location
State IL
County Adams
Area Quincy
Zoning RU1
Direction East on State Street, North on Timber Ridge Ln and before Lucinda Ln.
Interior
Heating Electric
Cooling Individual Units
Fireplace N
Exterior
Utilities Available Electric to Site,Phone Connected,Sewer Connected,Water Connected
View true
Garage 1
Building
Lot Description Gentle Sloping
Faces East on State Street, North on Timber Ridge Ln and before Lucinda Ln.
Sewer Lagoon
Water Municipal/City
Others
Tax ID 20-0-0134-000-00