$41,000
SOLD NOV 21, 2025

1018 State St Quincy, IL 62301

-- Bed
-- Bath
-- Sq Ft
1862 Built

Recently Sold

22% Below List Price

113 Days on Market

About This Home

As of November 2025

Investment Opportunity: Side-by-Side Duplex at 1018 State Street Units: Two studio units, each approximately 538 sqft Status: East unit is near completion, just needing finishing touches; West unit is ready for finishing work Upgrades: New underground electric service with dual meter bases installed. Exposed brick walls have been sealed. East Unit Highlights: All-new flooring Updated electrical system: new breaker box and lighting installed Appliances, cabinets, countertop, bathroom vanity, toilet, and light fixtures are installed. Shower pan is on-site and ready for installation West Unit Highlights: Bathroom is framed in New flooring and wall paneling installed Kitchen cabinet, countertop, sink-on site, bathroom vanity & toilet on-site. Utilities/Mechanical: Plumbing needs to be completed in both units. Heating and cooling systems not installed; baseboard heat or window heat/cool AC are an option. Property Sold As-Is. Disclosure: Seller's broker is a partner in the ownership entity and is a licensed real estate broker in the State of Illinois. Ideal for investors or buyers looking to add value. Contact for more details or to schedule a viewing.

Last Agent to Sell the Property

Spencer Schelp

Swick Realty License #471018686 Listed on: 07/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $371

Year Built

  • Built in 1862

Lot Details

  • Lot Dimensions are 40x189
  • Level Lot

Parking

  • Alley Access

Schools

  • Quincy School District #172 High School

Additional Features

  • Basement Fills Entire Space Under The House
  • No Heating

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$371

Year Built

Built in 1862

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: None
  • Year Built: 1862
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Legal Description: LOT 5 BLK 73 WOODS SURVEY LOT 5
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Cellar, Unfinished, Full
  • Below Grade Bedrooms: 0

Exterior Features

  • Lot Features: Level
  • OtherStructures: On Street

Garage/Parking

  • Parking Features: Alley Access, On Street

Utilities

  • Sewer: Public Sewer
  • Heating: None
  • Water Source: Public

Schools

  • High School: Quincy School District #172

Lot Info

  • Lot Dimensions: 40x189
  • Zoning: R3

Rental Info

  • Board Number: 30

Multi Family

  • Net Operating Income: -371

Tax Info

  • Tax Annual Amount: 371
  • Tax Year: 2024
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2025
Closed on
Nov 20, 2025
Sold by
Us Property Holdings Llc
Bought by
Inman Brian and Albers Tia L
Seller's Agent
Spencer Schelp
Swick Realty
List Price
$52,900
Sold Price
$41,000
Premium/Discount to List
-$11,900
-22.5%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
805.15%

Purchase Details

Closed on
Dec 13, 2021
Sold by
Mcentee Sarah L
Bought by
Us Property Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2021
Sold by
Seager Zachary C
Bought by
Mcentee Sarah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2021
Sold by
Nutt Barker Linda
Bought by
Mcentee Sarah L

Purchase Details

Closed on
Jul 29, 2019
Sold by
Nutt Donald L
Bought by
Seager Zachary C and Barker Linda Nutt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $41,000 Adams County Abstract & Title
Warranty Deed $35,000 Adams County Abstract
Quit Claim Deed -- Adams County Abstract & Title
Quit Claim Deed -- Adams County Abstract & Title
Executors Deed -- Inghram Law Offices
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $24,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2025 11/21/25 Sold $41,000 -22.5% --
11/12/2025 11/12/25 Pending -- -- --
07/22/2025 07/22/25 For Sale $52,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $371 $5,690 $2,940 $2,750
2023 $349 $5,280 $2,730 $2,550
2022 $330 $4,930 $2,550 $2,380
2021 $739 $10,730 $2,500 $8,230
2020 $725 $10,520 $5,560 $4,960
2019 $712 $10,410 $5,500 $4,910
2018 $706 $10,200 $5,390 $4,810
2017 $688 $10,100 $5,340 $4,760
2016 $676 $9,700 $5,130 $4,570
2015 $6,493,000 $9,700 $5,130 $4,570
2012 $650 $9,370 $4,960 $4,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC4265634

Midwest Real Estate Data (MRED)

APN: 23-2-0521-000-00