NOT LISTED FOR SALE

601 Locust St Quincy, IL 62301

Estimated Value: $180,372

10 Beds
8 Baths
4,550 Sq Ft
$40/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $150,000 $33 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,339/month

27 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Electric Baseboard Heater

About This Home

As of November 2018

$42,000+ potential gross income. 2 x 3 unit building, 2 x single family, 1 x storage building. Coin-op laundry on site ($80 +/- month). Income: 601: $375; 603: $375; 605: $385, 1602: $500; 1604: $500; 1608: $500; ½: $509; ?: $400. WD hookup in 1608 ½. Separate gas,ele,water in 1602, 1604 N. 6th. New roof on laundry room, 2018. New carpet in 1604, 2018. Dead end street behind Illinois Veterans Home. All leases month-to-month.

Last Agent to Sell the Property

Spencer Schelp

Swick Realty Listed on: 10/18/2018

Last Buyer's Agent

Non Member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $754

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 50.25x198

Parking

  • Private Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,550 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • ILES Elementary School
  • Quincy High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 8 Units

Listing and Financial Details

  • Rent includes water (see private remarks)
  • Assessor Parcel Number 23-7-0906-000-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$754

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Grid Number: 17
  • Lvt Date: 10/19/2018
  • Style: 2 Story
  • Type: Multi-Family
  • Second Address Number: 601-605
  • Directions: 6th St to Locust. Buildings on the east & north side.
  • Geo Longitude: -91.406471
  • Geo Match Code: 3
  • Geo Quality: 0.9
  • Geo Zoom Level: 16
  • OFFICELIST_STATE: IL
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Features Interior: Ceiling Fan(s), Main Floor Laundry, Separate Electric Meters, Separate Gas Meters, Smoke Alarm(s), Stove Hook Up, Washer/Dryer Hook Up
  • Levels: 2
  • Main Bedrooms: 8
  • Total Bedrooms: 10
  • Main Level Full Bathrooms: 7
  • Total Full Bathrooms: 8
  • Basement: Slab
  • Estimated Sq Ft: 4550

Exterior Features

  • Exterior: Brick, Vinyl
  • Features Exterior: Alley Access, Private Parking
  • Roof: Asphalt/Fiberglass

Utilities

  • Cooling: Central, Window
  • Heat: Baseboard/Electric, Forced Air Gas
  • Sewer: City
  • Utility Supplier: Ameren Electric, Ameren Gas
  • Water: City
  • Water Heater: Natural Gas

Schools

  • Elementary School: Iles
  • High School: Quincy
  • Elementary School: Iles
  • High School: Quincy

Lot Info

  • Estimated Lot Size: 0.23
  • Lot Size M L: 50.25x198
  • Parcel Number: 23-7-0906-000-00
  • Zoning: Commercial
  • Geo Update Timestamp: 2018-10-19

Rental Info

  • Rent Includes: Water (see private remarks)

Tax Info

  • Taxes: 754
  • Tax Year: 2017

Multi Family

  • Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Nov 29, 2018
Sold by
217 Holdings Llc
Bought by
345 Holdings Llc
Seller's Agent
Spencer Schelp
Swick Realty
Buyer's Agent
Non Member
Non-Member
List Price
$159,500
Sold Price
$150,000
Premium/Discount to List
-$9,500
-5.96%
Total Days on Market
27
Current Estimated Value
$180,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,372
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
345 Holdings Llc $150,000 Adams County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 345 Holdings Llc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $150,000 -6.0% $33 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $159,500 +30.2% $35 / Sq Ft
12/29/2017 12/29/17 Sold $122,500 -23.4% $27 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $160,000 -- $35 / Sq Ft
Source: Quincy Association of REALTORS®

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 $3,956 $60,670 $5,750 $54,920
2023 $1,256 $56,280 $5,330 $50,950
2022 $1,256 $52,550 $4,980 $47,570
2021 $1,265 $51,490 $4,880 $46,610
2020 $1,241 $50,480 $4,780 $45,700
2019 $1,218 $49,940 $4,730 $45,210
2018 $646 $40,840 $4,640 $36,200
2017 $754 $54,300 $4,590 $49,710
2016 $740 $52,080 $4,400 $47,680
2015 $7,103,200 $52,080 $4,400 $47,680
2012 $1,272 $10,260 $4,260 $6,000
Source: Public Records

Agents Affiliated with this Home

  • Spencer Schelp

    Seller's Agent in 2018

    Spencer Schelp

    Swick Realty

    (217) 653-5029

    26 Total Sales

    Spencer Schelp
    Section Image

  • N

    Buyer's Agent in 2018

    Non Member

    Non-Member

  • Michael Norris

    Seller's Agent in 2017

    Michael Norris

    Happel Inc., REALTORS

    (217) 316-3657

    41 Total Sales

    Section Image
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Map

Source: Quincy Association of REALTORS®

MLS Number: 197171

Quincy Association of REALTORS®

APN: 23-7-0906-000-00

Illinois Adams County Quincy 62301

601 Locust St, Quincy, IL

This home is located at 601 Locust St, Quincy, IL 62301 since 18 October 2018 and is currently priced at $180,372, approximately $39 per square foot. 601 Locust St is a home located in Adams County with nearby schools including Iles Elementary School, Quincy Junior High School, and Quincy Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Quincy Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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