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    1023-1025 Ohio St Quincy, IL 62301

    New
    For Sale
    $125,000

    Residential Income - Quincy, IL

    Property size:
    2,610 SF
    Lot size:
    0.17 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 7 at 2:06 am

    Property Features for 1023-1025 Ohio St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    23-2-0537-000-00
    Parking
    3
    Interior features
    High Speed Internet
    Exterior features
    Level
    Size
    2,610 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Number of units
    3
    Building materials
    Brick, Vinyl Siding
    Roof type
    Metal, Shingle
    Architectural style
    Other

    Happel Inc., REALTORS (217) 224-8383 [email protected]

    Listing agent Stephen Gramke (217) 224-8383 License #471019500

    Listing date Dec 4, 2025

    MLS# CA1040205 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Quincy Triplex: Income-Generating Property

    This residential income property in Quincy, Illinois, features three units and generates a total monthly rental income of $1,700. Unit 1 is a two-bedroom, one-bathroom home with a monthly rent of $800. Units 2 and 3 are one-bedroom, one-bathroom apartments, each renting for $450 per month. The property includes off-street parking accessible by the alley. The tenant in Unit 1 is responsible for water expenses, while the landlord covers water costs for Units 2 and 3. The property, situated on a 0.17-acre lot, offers 2,610 square feet of living space. This triplex presents a potential investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Quincy
    County
    Adams
    State
    Illinois
    Longitude
    -91.398909
    Latitude
    39.925418

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    FAQs

    What type of property is this?
    Triplex - Three-unit residential income property in Quincy, Illinois, generating $1,700 monthly.
    Where is this triplex located?
    The property is located at 1023-1025 Ohio St Quincy, IL.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Income-generating property with $1,700 total monthly rent; - Three units: **one 2-bed/1-bath and two 1-bed/1-bath apartments**; - Off-street parking provided
    (217) 224-8383
    Request Owner's contact information
    1023-1025 Ohio St Quincy, IL 62301
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    Quincy, IL 62301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1023-1025 Ohio St Quincy, IL 62301
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