Mixed-Use Property in Downtown
700 Maine Street Quincy, IL 62301
700 Maine Street, Quincy, IL, 62301
$405,000
For Sale
$405,000
COMMERCIAL - Quincy, IL
Property Size7,390 SF
Lot Size0.18 Acres
Price / SF$54.80
Days on Market91
Property Features for 700 Maine Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- D1
- Standard status
- Active
- APN
- 23-1-0668-000-00
- Size
- 7,390 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- LOT 4 BLK 8 WHEELOCKS SURVEY W 40FT LOT 4
- Tax Annual Amount
- 3943
Listing agency
Happel, Inc., REALTORS
(217) 224-8383
Listed by
Max Dancer · License #47519024
(217) 440-3100
Added: Apr 23 Updated: May 12 at 10:01PM Checked: Jul 22 at 12:06PM
MLS# CA1043219
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Investment Insights
Based on property information with market context.
This mixed-use property, located in downtown Quincy, Illinois, offers a versatile investment opportunity. The building, with D1 zoning and potential for TIF benefits, encompasses approximately 7,390 square feet on a lot of approximately 0.1754 acres. It features two vacant commercial units on the lower level, each around 2,000 square feet. These units were previously occupied by a bar and a nutrition shop, suggesting flexible use options for future tenants. The upper level contains two apartments, each approximately 1,400 square feet, currently generating a gross monthly income of $1,800. Additional amenities include two garages and rear parking. Roof updates are currently in progress. This property presents a strong value-add opportunity through leasing the vacant commercial spaces.
Key Highlights
- Downtown mixed‑use property with D1 zoning and TIF potential.
- Strong value‑add opportunity through leasing vacant commercial space.
- Two vacant commercial units (approx. 2,000 sq. ft. each) offer flexible use options.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with income and value-add potential.
Where is this mixed-use property located?
The property is located at 700 Maine Street Quincy, IL.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: Downtown mixed‑use property with D1 zoning and TIF potential.; Strong value‑add opportunity through leasing vacant commercial space.; Two vacant commercial units (approx. 2,000 sq. ft. each) offer flexible use options.