Investor's Dream! Cash Flow of $3,000+ Rent! 5-Unit Complex with Expansion Potential in the attic for a 6th unit. Current tenants generate excellent rental income and fully occupied. Prime Location & Convenience for tenants with city bus and grocery store just around the corner. Extensive Updates: Major systems have been addressed over the last 10 years, including: Newer furnaces (3 units have Central A/C) Metal Roof resealed aprox 8 years ago. Separate Utilities (except Owner currently pays utilities for two units (727 1/2 and 1030). Washer/Dryer hookups in 2 units. Start Building Your Portfolio Today! Don't miss this chance to acquire a solid, income-producing asset with significant upside., Separate Electric Meters, Separate Gas Meters, Washer/Dryer Hook Up, HiSpd Intrnt Fiber Avail
Contingent
Price cut: $10K (10/22)
$259,000
727-729 Monroe St, Quincy, IL 62301
4beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Newer furnacesMetal roof
- 175 days |
- 62 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: December 01, 2025 at 02:37pm
Listing courtesy of:
Carol Shaffer 217-430-3356,
Bower & Associates, Inc., REALTORS
Source: MRED as distributed by MLS GRID,MLS#: 12396761
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 5
Heating
- Forced Air
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished,Full
Property
Features
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 3,484.8 Square Feet
- Dimensions: 40x94
Details
- Parcel number: 233175600000
- Zoning: COMMR
- Other equipment: Ceiling Fan(s)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stone, Vinyl Siding
- Roof: Metal
Condition
- New construction: No
Utilities & green energy
- Water: Public
Community & HOA
Location
- Region: Quincy
Financial & listing details
- Tax assessed value: $94,230
- Annual tax amount: $2,048
- Date on market: 6/18/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,102/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/1/2025 | Contingent | $259,000 |
Source:  RMLS Alliance #QC4264413 Report a problem | ||
| 10/22/2025 | Price change | $259,000-3.7% |
Source: RMLS Alliance #QC4264413 Report a problem | ||
| 9/9/2025 | Price change | $269,000-6.9% |
Source:  MRED as distributed by MLS GRID #12396761 Report a problem | ||
| 8/6/2025 | Price change | $289,000-3.3% |
Source: RMLS Alliance #QC4264413 Report a problem | ||
| 6/18/2025 | Listed for sale | $299,000+510.2% |
Source: MRED as distributed by MLS GRID #12396761 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,048 +6.2% | $31,410 +7.8% |
| 2023 | $1,928 +5.7% | $29,140 +7.1% |
| 2022 | $1,823 -0.8% | $27,210 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,706/mo
Principal & interest
$1274
Property taxes
$341
Home insurance
$91
Climate risks
Neighborhood: 62301
Nearby schools
GreatSchools rating
- 9/10Monroe Elementary SchoolGrades: K-5Distance: 2.6 mi
- 2/10Quincy Jr High SchoolGrades: 6-8Distance: 1 mi
- 3/10Quincy Sr High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Lincoln-Douglas
- High: Quincy
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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