Property profile

518 Vermont St Quincy, IL 62301

OFF-MARKET
Commercial real estate
Property ID
US28-4516732
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property located at 518 Vermont Street in Quincy, Illinois, presents a remarkable investment opportunity. Boasting a total of 3976 square feet across two floors, this building offers significant potential for a variety of uses. The main level encompasses 1988 square feet and features a well-designed layout including a welcoming waiting room, a dedicated reception area, four private offices perfect for individual work or team collaboration, a spacious conference room ideal for meetings and presentations, two convenient restrooms, a practical utility room, and a functional kitchen area. The second floor mirrors the first floor's layout, providing ample space for expansion or customization, though it requires updating. The property also includes a full basement offering valuable storage space. The building is equipped with two HVAC units and one hot water heater, ensuring comfortable climate control. Furthermore, the roof was recently replaced in 2020, providing peace of mind for years to come. High-speed internet access via fiber is available, catering to modern business needs. The property sits on a 0.04-acre lot, offering convenient access and visibility. This versatile building is ready for a discerning buyer to transform it into a thriving business hub. The building is zoned for general commercial use and could accommodate 11-25 workspaces. Don't miss this chance to own a piece of Quincy's commercial landscape.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 231015400000
UPID US28-4516732

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

518 Vermont St Quincy, IL 62301-2902
Quincy metro Census 700 QUINCY, IL-MO MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$80k

Owner & transaction history

since 2025
Last sale
$85,000
3 recorded transactions
2025
Price N/A
2008
$85,000
2008
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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