$1,600,000

4609 State St Quincy, IL 62305

Estimated payment $11,170/month

Total Views 57,915
6 Beds
-- Bath
13,888 Sq Ft
$115 Price per Sq Ft

About This Home

This multifamily property features 16 units, consisting of four triplexes and two duplexes, all offering spacious 3-bedroom, 2-full bathroom layouts. With a well-maintained concrete parking lot providing 32 spaces, tenants enjoy ample parking. Each unit is currently rented, structured on an 11-month lease, with a down month typically scheduled in June. This flexible rental agreement offers stability for both investors and tenants alike. Please reach out to Max Dancer, Happel, Inc REALTORS for additional questions or to schedule a showing.

Listing Agent

Max Dancer

Happel, Inc., REALTORS Brokerage Phone: 217-224-8383 License #475190240 Listed on: 05/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,421

Year Built

  • Built in 2014

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 220x230
  • Level Lot

Parking

  • 32 Parking Spaces

Home Design

  • 13,888 Sq Ft Home
  • Shingle Roof
  • Vinyl Siding

Schools

  • Quincy School District #172 High School

Additional Features

  • 6 Bedrooms
  • Central Air

Community Details

  • Trash Expense $4,200

Listing and Financial Details

  • Assessor Parcel Number 23-7-0765-014-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,421

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 2014
  • New Construction: No
  • Structure Type: Two or More Story, Duplex
  • PricePerSqFt: 115.21
  • Attribution Contact: Office: 217-224-8383
  • Special Features: None

Interior Features

  • Basement: None
  • Total Bedrooms: 6

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 32

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 16
  • NumberOfHeatingUnits: 16
  • NumberOfCentralAirUnits: 16
  • NumberOfGasMeters: 16
  • NumberOfElectricMeters: 16
  • NumberofWaterMeters: 1
  • NumberOfWashers: 16
  • NumberOfDryers: 16
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 4200
  • AdvertisingExpense: 0

Schools

  • High School: Quincy School District #172

Lot Info

  • Zoning: C1B
  • Lot Size Acres: 1.15
  • Lot Size: 220x230
  • Parcel #: 23-7-0765-014-00
  • CertificateOfZoning: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 29421
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 16
  • Annual Gross Income: 184030
  • Annual Operating Expense: 17200

Map

Range of Values:

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Average Value
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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 $28,579 $438,290 $46,600 $391,690
2023 $29,421 $444,710 $43,230 $401,480
2022 $29,972 $447,270 $40,360 $406,910
2021 $35,680 $517,770 $39,550 $478,220
2020 $35,003 $507,670 $38,780 $468,890
2019 $34,342 $502,190 $38,360 $463,830
2018 $34,070 $492,390 $37,610 $454,780
2017 $35,963 $527,740 $37,240 $490,500
2016 $35,302 $506,250 $35,720 $470,530
2015 $1,901,632 $506,250 $35,720 $470,530
2012 $419 $34,520 $34,520 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $1,600,000 -- $115 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,341,804 Title Center
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,241,804 New Conventional
Source: Public Records

Source: RMLS Alliance

MLS Number: CA1036369

RMLS Alliance

APN: 23-7-0765-014-00