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    213-219 10Th St Quincy, IL 62301

    Sponsored
    For Sale
    $240,000

    8 Units + Retail: Investment Opportunity

    Property size:
    7,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional investment opportunity presents a substantial 7,000 square foot commercial property located at 213-219 N 10th Street in Quincy, Illinois. The property is being offered AS IS and comprises a lucrative mix of eight individual rental units and dedicated retail space, presenting a diverse income stream for the astute investor. The building's substantial size offers significant potential for expansion or redevelopment, catering to a variety of commercial uses. The current configuration provides immediate rental income, while the retail space allows for additional revenue generation or the possibility of owner-occupancy. This property is situated in Quincy, IL, offering access to a thriving local market and a strong tenant base. The asking price of $240,000 represents a compelling entry point into the Quincy commercial real estate market. Given the combination of rental income and retail space, this property offers a unique opportunity for both immediate returns and long-term growth potential. The property sits on a lot with zero acres, making it ideal for a variety of commercial uses. Serious inquiries are encouraged to explore the full potential of this promising investment. Detailed financial information and property disclosures are available upon request. Don't miss this chance to acquire a well-positioned commercial property in a desirable location.

    Property Features for 213-219 10Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,000 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Quincy
    County
    Adams
    State
    Illinois
    Longitude
    -91.40031
    Latitude
    39.9337

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    FAQs

    What type of property is this?
    Commercial real estate - 8 Units + Retail: Investment Opportunity
    Where is this commercial real estate located?
    The property is located at 213-219 10Th St Quincy, IL.
    What is the asking price?
    The asking price for this property is $240,000.
    Request Owner's contact information
    213-219 10Th 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
    213-219 10Th St Quincy, IL 62301
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