$140,000

1100 Payson Ave Quincy, IL 62301

Estimated payment $943/month

Total Views 358
4 Beds
-- Bath
2,210 Sq Ft
$63 Price per Sq Ft

About This Home

Excellent South Side Investment Opportunity! This income-generating 2-unit property sits on a desirable corner lot and features an oversized backyard. Fully rented, this property brings in $1,550 per month. This property offers solid returns. The upper unit is being refreshed and will be ready for a new tenant or owner-occupant. Utilities have been separately metered for gas and electricity, with tenants responsible for all utilities except water. The lower unit includes central air for added comfort, and a seller-owned washer and dryer are included. Minimum of 24 hours notice required. Don't miss this opportunity! First-floor photos submitted from when unoccupied.

Listing Agent

Bobette Cawthon

Davis & Associates, REALTORS Brokerage Phone: 217-224-8100 License #475141223 Listed on: 08/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,116

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 41x212
  • Corner Lot

Home Design

  • Stone Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 2,210 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Quincy Jr High Middle School
  • Quincy School District #172 High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 232074400000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,116

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 63.35
  • Attribution Contact: Phone: 217-224-8100
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, None
  • Heating: Electric, Forced Air, Natural Gas
  • Water Sewer Expenses: 900
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 2
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 1
  • NumberOfGasMeters: 2
  • NumberOfElectricMeters: 2
  • NumberofWaterMeters: 1
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 1
  • NumberOfDryers: 1
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Quincy School District #172
  • Middle Or Junior School: Quincy JR High

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.2
  • Lot Size: 41x212
  • Parcel #: 232074400000

Rental Info

  • Lease Term: Variable

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2115.96
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18600
  • Resident Manager Expense: 1860
  • Annual Operating Expense: 4110

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,116 $32,450 $1,850 $30,600
2023 $1,992 $30,110 $1,720 $28,390
2022 $1,884 $28,120 $1,610 $26,510
2021 $1,608 $23,330 $1,580 $21,750
2020 $1,593 $23,100 $3,280 $19,820
2019 $1,563 $22,850 $3,240 $19,610
2018 $1,551 $22,410 $3,180 $19,230
2017 $1,512 $22,190 $3,150 $19,040
2016 $1,484 $21,280 $3,020 $18,260
2015 $8,824,200 $21,280 $3,020 $18,260
2012 $1,233 $18,680 $2,920 $15,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $140,000 -- $63 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $86,000 Title Center
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $77,400 New Conventional
Source: Public Records

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Source: RMLS Alliance

MLS Number: CA1038389

RMLS Alliance

APN: 23-2-0744-000-00