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    1123 4Th St Quincy, IL 62301

    Sponsored
    For Sale
    $150,000

    Large Commercial Space, Ideal for Redevelopment

    Property size:
    2,480 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    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.

    Property Features for 1123 4Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,480 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 Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Quincy
    County
    Adams
    State
    Illinois
    Longitude
    -91.41038
    Latitude
    39.94513

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    FAQs

    What type of property is this?
    Commercial real estate - Large Commercial Space, Ideal for Redevelopment
    Where is this commercial real estate located?
    The property is located at 1123 4Th St Quincy, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    Request Owner's contact information
    1123 4Th 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
    1123 4Th St Quincy, IL 62301
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