1123 4th St Quincy, IL 62301-1730
This exceptional commercial property, located at 1123 N 4th Street in Quincy, Illinois, presents a significant opportunity for investors and entrepreneurs. Boasting nearly 2,500 square feet of versatile space all on a single level, this building offers unparalleled convenience and flexibility. Currently configured as a laundromat and gaming parlor, the property's layout is adaptable to a wide range of commercial uses. The expansive floor plan allows for easy customization to suit individual business needs, whether it's retail, office space, or a combination thereof. The property sits on a lot with no acreage, making it ideal for businesses that don't require extensive outdoor space. The asking price of $150,000 represents a compelling investment opportunity in a thriving Quincy location. The building's existing infrastructure provides a solid foundation for immediate occupancy or renovation, depending on the buyer's vision. Its prime location offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and employees. This is a rare chance to acquire a substantial commercial property in a desirable area at an attractive price point. Don't miss this chance to secure a valuable asset with significant upside potential. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.