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Three-Unit Multifamily Property
For Sale
$119,500

1023-1025 OHIO Street, Quincy, IL 62301

Residential Income, Quincy, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market366

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 Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2
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

Additional Details

Tenant in Place Yes

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
Added: Oct 29, 2025 Changed: Oct 27 Last Checked: Oct 29 at 9:06AM
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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

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

Who owns this building? See the owner, sales and loan history
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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

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 $119,500.
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
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