This is the perfect owner occupied house hack opportunity. Live on the main floor and let the rent received from the tenant upstairs pay your mortgage. Or rent out both units and let the rent start flowing in. The main floor unit has 2 bedrooms and 2 full baths with in-unit laundry. Currently vacant, it should be rented for $950+. The upper unit is a 2 bed 1 bath currently bringing in $800 per month. Separate electric and gas meters. One water meter and the tenants reimburse the landlord for the cost. This would be a great start to your investment portfolio or a great addition. Don't miss this opportunity!
For sale
$189,000
400 S 16th St, Quincy, IL 62301
4beds
3baths
2,659sqft
Est.:
Multi Family, Duplex
Built in 1871
-- sqft lot
$-- Zestimate®
$71/sqft
$-- HOA
What's special
In-unit laundryMain floor unitUpper unit
- 42 days |
- 387 |
- 21 |
Zillow last checked: 8 hours ago
Listing updated: October 31, 2025 at 01:01pm
Listed by:
Stephen Gramke Office:217-224-8383,
Happel, Inc., REALTORS,
Chris Dye,
Happel, Inc., REALTORS
Source: RMLS Alliance,MLS#: CA1040206
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Baseboard, Electric, Forced Air
Cooling
- Zoned, Central Air, Central Air
Appliances
- Included: Gas Water Heater, Dryer, Range, Refrigerator, Washer, Water Heater
- Laundry: Units Hook-Ups
Features
- Basement: Full,Partially Finished
Interior area
- Total structure area: 2,659
- Total interior livable area: 2,659 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 50 x 126
- Features: Corner Lot, Level, Terraced/Sloping
Details
- Parcel number: 231188000000
- Zoning description: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Duplex
Materials
- Aluminum Siding
- Foundation: Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1871
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Quincy
Financial & listing details
- Price per square foot: $71/sqft
- Tax assessed value: $138,180
- Annual tax amount: $3,003
- Date on market: 10/29/2025
- Cumulative days on market: 43 days
- Lease term: One Year or Less
- Tenant pays: Water
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Listed for sale | $189,000+64.3%$71/sqft |
Source:  RMLS Alliance #CA1040206 Report a problem | ||
| 12/6/2019 | Sold | $115,000-8%$43/sqft |
Source: RMLS Alliance #CA198538_1 Report a problem | ||
| 10/31/2019 | Price change | $125,000-3%$47/sqft |
Source: Happel Inc., Realtors� #198538 Report a problem | ||
| 10/5/2019 | Price change | $128,900-7.2%$48/sqft |
Source: Happel Inc., Realtors� #198538 Report a problem | ||
| 9/25/2019 | Listed for sale | $138,900$52/sqft |
Source: Happel Inc., Realtors� #198538 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,003 +6.2% | $46,060 +7.8% |
| 2023 | $2,827 +5.7% | $42,730 +7.1% |
| 2022 | $2,674 -0.8% | $39,900 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,251/mo
Principal & interest
$936
Property taxes
$249
Home insurance
$66
Climate risks
Neighborhood: 62301
Nearby schools
GreatSchools rating
- 6/10Thomas S Baldwin Elementary School Site 2Grades: K-5Distance: 1.3 mi
- 2/10Quincy Jr High SchoolGrades: 6-8Distance: 0.3 mi
- 3/10Quincy Sr High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Baldwin
Source: RMLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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