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 $26
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 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