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Three-Unit Multifamily Property
For Sale
$123,000

1023-1025 OHIO Street, Quincy, IL 62301

Residential Income, Quincy, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market314

Property Features for 1023-1025 OHIO Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1
Parking 3
Parking features Alley
Interior features High Speed Internet
Basement Partial, Unfinished
Lot features Level
Elementary school Denman
High school Quincy School District #172
Directions North side of Ohio between 10th & 11th
Standard status Active
APN 23-2-0537-000-00
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 17 BLK 73 WOODS SURVEY LOT 17
Tax Annual Amount 2176
Legal Description LOT 17 BLK 73 WOODS SURVEY LOT 17

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Number of units 3
Building materials Brick, Vinyl Siding
Roof type Metal, Shingle
Listing Agency: Happel, Inc., REALTORS
Listed By: Stephen Gramke · License #471019500
Added: Oct 29, 2025 Changed: Sep 6 Last Checked: Sep 7 at 7:06PM
MLS# CA1040205

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This three-unit residential income property includes one two-bedroom, one-bath home and two one-bedroom, one-bath apartments. The building combines brick and vinyl siding, with central air conditioning and forced-air natural gas heat. Metal and shingle roofing are present, and high-speed internet is listed among the interior features.

Set on 0.17 acres at 1023-1025 Ohio Street in Quincy, Illinois, the property includes off-street parking accessed by the alley. Public water service supports the building, while the unit configuration provides a mix of larger and smaller residential accommodations within one multifamily asset.

Key Highlights

  • Three total units: one 2‑bedroom home and two 1‑bedroom apartments
  • 0.17‑acre multifamily property at 1023‑1025 Ohio Street
  • Off‑street parking accessed from the alley

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Storage Facility Hair Salon Nail Salon Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,556
Businesses Nearby

Demographics for 62301, IL

31,481
Population
15,295
Households
2.1
Avg Household Size
39
Median Age
24%
College-Educated
91%
High-School Grad
11.2 sq mi
ZIP Area
2,811
Density / Sq Mi
$52,212
Median Household Income
$36,665
Median Earnings
$805
Median Rent
$124,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Multifamily property with varied unit layouts, central air, and alley-accessed parking.
Where is this triplex located?
The property is located at 1023-1025 OHIO Street Quincy, IL.
What is the asking price?
The asking price for this property is $123,000.
What are key features of this property?
This property features: Three total units: one 2‑bedroom home and two 1‑bedroom apartments; 0.17‑acre multifamily property at 1023‑1025 Ohio Street; Off‑street parking accessed from the alley
More about this property
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