Quincy, IL 62301,523 COLLEGE AVE
Quincy, IL 62301,523 COLLEGE AVE
Quincy, IL 62301,523 COLLEGE AVE
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Listed by Jacquelyn Weisenburger • Happel, Inc., REALTORS
$54,000
Est. payment /mo
2,013 SqFt
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UPDATED:

12/04/2024 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 $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


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Janet Arns

+1(217) 617-0751

Broker | License ID: 475 130570

Broker License ID: 475 130570

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