$175,000

818 S 8th St Quincy, IL 62301

Estimated payment $1,085/month

Total Views 25,242
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

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 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, Separate Electric Meters, Separate Gas Meters, HiSpd Intrnt Fiber Avail

Listing Agent

Spencer Schelp

Swick Realty License #471018686 Listed on: 06/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,422

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 60.5 x 112.5

Parking

  • 1 Car Garage
  • Off Alley Parking

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Full Bathrooms

Schools

  • Lincoln-Douglas Elementary School
  • Quincy High School

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,422

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Legal Description: LOT 1 BLK 96 WOODS SURVEY S 112.5FT OF LOT 1 AND E 20FT S 1/2 LOT 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Partial
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: Water Heater-Gas
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • Construction Materials: Brick, Stone
  • List Price: 175000

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached, Off Alley, Garage
  • ParkingTotal: 1

Utilities

  • Heating: Forced Air
  • Water Source: Public

Schools

  • Elementary School: Lincoln-Douglas
  • High School: Quincy

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 60.5 X 112.5
  • Zoning: COMMR

Rental Info

  • Board Number: 27

Tax Info

  • Tax Annual Amount: 1422
  • Tax Year: 2024

Multi Family

  • Units in Building: 4
  • Type-Multi: 2 Story Unit/s

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 $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: Midwest Real Estate Data (MRED)

Purchase History

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

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12386915

Midwest Real Estate Data (MRED)

APN: 23-2-1061-000-00