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Triplex with Alley Off-Street Parking
For Sale
$123,500

1023-1025 OHIO Street, Quincy, IL 62301

MULTI_FAMILY - Quincy, IL

Lot Size0.17 Acres
Days on Market276

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 1, Bedroom 1, Bathroom 3, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 4
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: Jul 30 Last Checked: Jul 31 at 12:06AM
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.

Investment Insights

Based on property information with market context.

This three-unit triplex is configured as Unit 1 with two bedrooms and one bathroom, plus Units 2 and 3 as one-bedroom, one-bath apartments. Off-street parking is provided by the alley.

The property is built with brick and vinyl siding, with forced air heating using natural gas and central air cooling. The roof is a combination of metal and shingle, and the home has public water service. High speed internet is listed as an interior feature.

Water service is split by unit: the tenant pays water for Unit 1, while the landlord pays the water for Units 2 and 3. The lot size is 0.17 acres.

Key Highlights

  • 0.17‑acre lot with a three‑unit triplex configuration
  • Unit mix: one two‑bedroom, one‑bath home plus two one‑bedroom, one‑bath apartments
  • Off‑street parking accessed by the alley

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

902
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 - Three-unit triplex on public water with central air and off-street parking accessed via the alley.
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 $123,500.
What are key features of this property?
This property features: 0.17‑acre lot with a three‑unit triplex configuration; Unit mix: one two‑bedroom, one‑bath home plus two one‑bedroom, one‑bath apartments; Off‑street parking accessed by the alley
More about this property
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