Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1130 S 6Th St Quincy, IL 62301

    View on Map
    Sponsored
    Picture of Restaurants at S 6Th St 1130, Quincy, IL
    For Sale
    $70,000

    COMMERCIAL - Quincy, IL

    Days on Market:
    8
    Last Refresh:
    Mar 26 at 6:06 pm

    Property Features for 1130 S 6Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2
    APN
    23-2-1260-000-00

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Flooring type
    Concrete
    Building materials
    Vinyl Siding, Frame
    Roof type
    Flat, Tar/Gravel

    We can help!

    Listing Contact
    Kevin Carder

    Happel Inc., REALTORS

    Listing agent Kevin Carder

    Listing date Mar 19, 2026

    MLS# CA1042116

    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.

    Learn more

    Property Insight Report

    Overview

    Adaptable Commercial Property in Quincy

    This commercial property in Quincy, Illinois, presents opportunities for investors and entrepreneurs. Previously a restaurant, the space is adaptable for various business ventures. The property requires some TLC. The flexible layout and solid structure allow transformation into a business, retail shop, or office space. It could also be reimagined into multiple rental units for additional income. The property offers a foundation and location for starting a new venture or expanding an investment portfolio. The zoning is R2.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Encore Events and Catering, Cjs Smoked Meats Mobile Food Wagon, Hy-Vee Catering

    Location Insight

    • Map
    • Local Demand
    City
    Quincy
    County
    Adams
    State
    Illinois
    Longitude
    -91.407075
    Latitude
    39.91758

    Nearby Similar for Sale

    • $350,000
      7,000 SF

      Northbrook Commercial Car Wash Business

      Established car wash business with diverse revenue streams in Northbrook.
      204 Skokie Blvd, Northbrook, IL 60062
      View Details
    • $1,399,999
      42,000 SF

      Versatile Mixed-Use Commercial Property

      Multi-use property with warehouse, office, retail, and apartments.
      301 S 7Th St, Quincy, IL 62301
      View Details
    • $249,000
      3.35 Acres

      Quincy Commercial Building For Sale

      1,788 SF commercial building in Quincy, Illinois.
      5200 Columbus Rd, Quincy, IL 62305
      View Details
    • $575,000
      4.30 Acres

      Northbrook Flex Condo For Sale

      Corner unit flex condo with high-end build-out and AC.
      610 Anthony Trl, Northbrook, IL 60062
      View Details
    • $975,000
      Pending

      Industrial Warehouse with Office Space

      Two-story industrial warehouse with office space in Quincy, Illinois.
      600 York St, Quincy, IL 62301
      View Details
    • $1,250,000

      Northbrook Multifamily Investment Opportunity

      Fully occupied 6-unit building with remodeled units and amenities.
      3606 Salem Walk, Northbrook, IL 60062
      View Details
    • $1,250,000

      Northbrook Multifamily Investment Opportunity

      Fully occupied 6-unit building with amenities in Northbrook, Illinois.
      3456 Salem Walk, Northbrook, IL 60062
      View Details
    • Contact for pricing
      0.22 Acres

      Quincy Duplex: Renovation Opportunity

      Up/down duplex in Quincy, Illinois, ideal for renovation.
      720 N 5Th St, Quincy, IL 62301
      View Details
    • $700,000

      Northbrook Office Condo For Sale

      Single-story office condo in Northbrook, ideal for owner-user or investor.
      666 Dundee Rd, Northbrook, IL 60062
      View Details
    • $845,000

      Refined Boutique Office with Updates

      Impeccably reimagined office space with modern finishes and updates.
      836 Skokie Blvd, Northbrook, IL 60062
      View Details
    • $1,250,000

      Northbrook Multifamily Investment Opportunity

      Fully occupied 6-unit building with amenities in Northbrook, Illinois.
      3428 Salem Walk, Northbrook, IL 60062
      View Details
    • $189,000
      0.14 Acres

      Quincy Multifamily Investment Opportunity

      Multifamily property in Quincy, Illinois with income potential.
      400 S 16Th St, Quincy, IL 62301
      View Details

    FAQs

    What type of property is this?
    Restaurant - Versatile commercial property with potential for various business ventures.
    Where is this restaurant located?
    The property is located at 1130 S 6Th St Quincy, IL.
    What is the asking price?
    The asking price for this property is $70,000.
    What are key features of this property?
    This property features: - Adaptable commercial space suitable for various business ventures.; - Solid structure and flexible layout provide a strong foundation for renovation.; - Prime opportunity for investors and entrepreneurs to bring their vision to life.
    (217) 740-6381
    Request Owner's contact information
    1130 S 6Th St Quincy, IL 62301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1130 S 6Th St
    Quincy, IL 62301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1130 S 6Th St Quincy, IL 62301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kevin Carder
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!