$175,000

818 - 820 S 8th St Quincy, IL 62301

Estimated payment $1,077/month

Total Views 6,585
4 Beds
-- Bath
3,190 Sq Ft
$55 Price per Sq Ft

About This Home

818 -20 S. 8th St. Quincy is an excellent investment opportunity for an updated 4-plex. * Potential Gross monthly rent of $21050 ($25,800 / year) * 4 units, each with 1 bedroom and 1 bath * 3 units recently updated with modern plank flooring and fresh paint * 1 unit occupied by a long-term tenant * Garage (currently unrented) and off-street parking * Recent exterior improvements: tuckpointing and new paint * Separate electric & gas meters 818 - $450/mo including utilities 818.5 - $600/mo tenant paid gas & electric through May 26 820 - $600/mo tenant paid gas & electric through May 26 820.5 - $500/mo tenant paid gas & electric Pro-forma rent $600/mo. Great building for new or experienced investors. 'other' roof is Rolled 2 furnaces, 4 water heaters, both gas Seller is licensed REALTOR in state of California

Listing Agent

Spencer Schelp

Swick Realty Brokerage Phone: 217-653-9910 License #471018686 Listed on: 06/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,422

Lot Details

  • Lot Dimensions are 60.5 x 112.5
  • Level Lot

Home Design

  • Stone Foundation
  • Composition Roof
  • Stone

Interior Spaces

  • 4 Bedrooms
  • 3,190 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Parking

  • 6 Car Detached Garage
  • Parking Pad
  • Alley Access
  • On-Street Parking

Schools

  • Quincy School District #172 High School

Utilities

  • Window Unit Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23-2-1061-000-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,422

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • New Construction: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 54.86
  • UnitEntryLevel: 1
  • Attribution Contact: Office: 217-653-9910
  • Special Features: None

Interior Features

  • Basement: Partial, Unfinished
  • Total Bedrooms: 4
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick, Stone
  • Foundation Details: Stone
  • Roof: Composition
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, Detached, On Street, Parking Pad
  • Total Parking Spaces: 6

Utilities

  • Heating: Natural Gas, Window Unit(s)
  • Electric Expense: 3778
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 4
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 4
  • NumberOfElectricMeters: 4
  • NumberofWaterMeters: 1
  • NumberOfRanges: 4
  • NumberofRefrigerators: 4
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Quincy School District #172

Lot Info

  • Lot Size: 60.5 x 112.5
  • Parcel #: 23-2-1061-000-00

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1422
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 17420
  • Annual Operating Expense: 11830

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $1,422 $21,800 $2,350 $19,450
2023 $1,688 $25,510 $2,180 $23,330
2022 $1,596 $23,820 $2,040 $21,780
2021 $1,608 $23,340 $2,000 $21,340
2020 $1,578 $22,890 $3,820 $19,070
2019 $1,548 $22,640 $3,780 $18,860
2018 $1,536 $22,200 $3,710 $18,490
2017 $1,498 $21,980 $3,670 $18,310
2016 $1,471 $21,090 $3,520 $17,570
2015 $1,412,420 $21,090 $3,520 $17,570
2012 $1,413 $20,390 $3,400 $16,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 For Sale $175,000 -- $55 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 --
Quit Claim Deed -- --
Source: Public Records

Similar Homes in Quincy, IL

  • 818 S 8th St, Quincy, IL 62301

    $175,000

    • 4 Beds
    • 4 Baths
    • 3,190 Sq Ft
    • 818 S 8th St
    • Quincy, IL

    Excellent investment opportunity with this updated 4-unit property on S. 8th Street. * Potential Gross monthly rent of $21050 ($25,800 / year) * 4 units, each with 1 bedroom and 1 bath * 3 units recently updated with modern plank flooring and fresh paint * 1 unit occupied by a long-term tenant * Garage (currently unrented) and off-street parking * Recent exterior improvements: tuckpointing and

    Spencer Schelp Swick Realty

    Section Image
  • 1100 Payson Ave, Quincy, IL 62301

    $140,000

    • 4 Beds
    • 2,210 Sq Ft
    • 1100 Payson Ave
    • Quincy, IL

    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

    Bobette Cawthon Davis & Associates, REALTORS

    Section Image
  • 510 S 10th St, Quincy, IL 62301

    $140,000

    • 4 Beds
    • 2 Baths
    • 2,291 Sq Ft
    • 510 S 10th St
    • Quincy, IL

    Two Homes on one parcel. 510 S 10th is a One Story, 2 bed, 898 sq ft. 934 State is a 2-story, 2 bed, 1 bath, 1393 sq ft. (Long Term Tenant). Selling "As Is". All measurements are approximate.

    Peggy Azotea Tri-State Realty

    Section Image
  • 429 N 8th St, Quincy, IL 62301

    $164,900

    • 4 Beds
    • 2,617 Sq Ft
    • 429 N 8th St
    • Quincy, IL

    Investment property showing a strong 14.65% Cap Rate, 4.65% higher than the national average. 5-unit complex near downtown, the Hospital, gourmet coffee shop and other retail stores. Current owner built out Unit #E that was not previously habitable, 3 additional units have been painted (1 unit has a long term tenant), New vinyl flooring in 2 units. Off street parking behind building. As units

    Mel Couch Davis & Associates, REALTORS

    Section Image

Source: RMLS Alliance

MLS Number: QC4264048

RMLS Alliance

APN: 23-2-1061-000-00