$289,000
$10K PRICE DROP

727-729 Monroe St Quincy, IL 62301

Estimated payment $1,746/month

Total Views 6,389
4 Beds
-- Bath
4,000 Sq Ft
$72 Price per Sq Ft

About This Home

Large 5 unit with many updates over past 10 years. 5th unit is 900 sf (727 1/2 Monroe) rent is $530 long time tenant. 3 units are central A/C. Newer furnaces. Metal roof was resealed approximately 8 years ago. All appliances, washer/dryers (except 727 1/2 unit), window A/C units are owners. Owner does pay utilities on 2 apartments 727 1/2 and 1030. Start building your portfolio!

Listing Agent

Carol Shaffer

Bower & Associates Inc., REALTORS License #471.019430 Listed on: 06/17/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,048

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 40x94
  • Level Lot

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 4,000 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Lincoln-Douglas Elementary School
  • Quincy School District #172 High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 23-3-1756-000-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,048

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • New Construction: No
  • Structure Type: Apartment Building
  • PricePerSqFt: 72.25
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Roof: Metal
  • 100YearPlain: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Gas Water Heater, Window Unit(s)
  • Water Sewer Expenses: 720
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 5
  • NumberOfHeatingUnits: 5
  • NumberOfCentralAirUnits: 3
  • NumberOfGasMeters: 4
  • NumberOfElectricMeters: 4
  • NumberofWaterMeters: 1
  • NumberOfRanges: 5
  • NumberofRefrigerators: 5
  • NumberOfWashers: 5
  • NumberOfDryers: 5
  • NumberOfDishwashers: 5
  • NumberOfWindowUnits: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Lincoln-Douglas
  • High School: Quincy School District #172

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size: 40x94
  • Parcel #: 23-3-1756-000-00

Rental Info

  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2048
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 36660
  • Annual Operating Expense: 2920

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 $2,048 $31,410 $1,950 $29,460
2023 $1,928 $29,140 $1,810 $27,330
2022 $1,823 $27,210 $1,690 $25,520
2021 $1,838 $26,670 $1,660 $25,010
2020 $1,620 $23,490 $1,410 $22,080
2019 $1,589 $23,230 $1,390 $21,840
2018 $1,576 $22,770 $1,360 $21,410
2017 $1,208 $22,550 $1,350 $21,200
2016 $1,185 $21,620 $1,290 $20,330
2015 $1,137,500 $21,620 $1,290 $20,330
2012 $1,138 $20,900 $1,250 $19,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $289,000 -3.3% $72 / Sq Ft
06/17/2025 06/17/25 For Sale $299,000 -- $75 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Schmiedeskamp Robertson Neu &
Source: Public Records

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Source: RMLS Alliance

MLS Number: QC4264413

RMLS Alliance

APN: 23-3-1756-000-00