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    4609 State St Quincy, IL 62301

    For Sale
    $1,600,000

    Residential Income - Quincy, IL

    Property size:
    13,888 SF
    Lot size:
    1.15 Acres
    Days on Market:
    86
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 4609 State St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C1B
    APN
    23-7-0765-014-00
    Parking
    32
    Exterior features
    Level
    Size
    13,888 SF
    Lot size
    1.15 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2014
    Number of units
    16
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

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

    Listing agent Max Dancer (217) 224-8383 License #475190240

    Listing date Sep 12, 2025

    MLS# CA1039186 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

    Multifamily Property with 16 Units

    This multifamily property in Quincy, IL, features 16 units, comprising four triplexes and two duplexes. Each unit offers a spacious layout with 3 bedrooms and 2 full bathrooms. A well-maintained concrete parking lot provides 32 parking spaces for tenants. All units are currently rented under 11-month leases, with a down month typically scheduled in June, offering rental agreement flexibility. The property is zoned C1B and has a lot size of 1.15 acres. The total property size is 13,888 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Quincy
    County
    Adams
    State
    Illinois
    Longitude
    -91.342803
    Latitude
    39.925962

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    FAQs

    What type of property is this?
    Apartment building - Sixteen-unit multifamily property with spacious layouts and ample parking.
    Where is this apartment building located?
    The property is located at 4609 State St Quincy, IL.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: - Multifamily property featuring 16 units (four triplexes and two duplexes).; - Spacious 3-bedroom, 2-full bathroom layouts in all units.; - Well-maintained concrete parking lot offers 32 spaces.
    (217) 224-8383
    Request Owner's contact information
    4609 State 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
    4609 State St Quincy, IL 62301
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