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Under contract
  • Price cut: $5.5K (3/31)
    $27,000

    525 College Ave #527, Quincy, IL 62301

    4beds
    2baths
    1,109sqft
    : 
    Multi Family, Duplex
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $24/sqft
    $-- HOA

    What's special

    Updated roofMirror-flipped designsWell-maintained layoutWelcoming covered front porchWall-mounted gas heatersBaseboard heaters
    Income-generating duplex with an additional lot included! This 2-unit property at 525-527 College has long-term tenants in place, with Unit 525 occupied for 4+ years and Unit 527 for over 12 years. Each spacious unit offers a well-maintained layout, with mirror-flipped designs to centralize plumbing along the shared wall. Heating is provided by wall-mounted gas heaters, with baseboard heaters as a backup. While most updates are cosmetic in nature, the property benefits from an updated roof (year unknown) and a welcoming covered front porch for outdoor enjoyment. The additional lot at 523 College offers exciting potential for future development or added value. An excellent investment with steady rental income of $800/month, appealing to both seasoned and new investors! 523 College is an empty lot 23-5-0716-000-00, taxes are approx $60 year. (This offering can be purchased in a package deal to include 519 College - a neighboring lot)
    177 days
    on Zillow
    |
    240
    |
    12
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: April 18, 2025 at 01:01pm

    Listed by:

    Jacquelyn Weisenburger Office:217-224-8383,

    Happel, Inc., REALTORS

    Source: RMLS Alliance,MLS#: CA1032812MLS LogoOriginating MLS: Capital Area Association of Realtors

    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Baseboard
    Appliances
    • Included: Water Heater
    • Laundry: Units Hook-Ups
    Features
    • Basement: Cellar
    Interior area
    • Total structure area: 1,109
    • Total interior livable area: 1,109 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 3,920.4 Square Feet
    • Dimensions: 40 x 100
    • Features: Level
    Details
    • Parcel number: 235071700000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Stucco, Vinyl Siding
    • Roof: Shingle
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Quincy

    Financial & listing details

    • Price per square foot: $24/sqft
    • Tax assessed value: $25,080
    • Annual tax amount: $554
    • Date on market: 10/31/2024
    • Lease term: Month To Month
    • Tenant pays: All Utilities
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