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Property profile & analytics
OFF-MARKET
Commercial real estate

1123 4th St Quincy, IL 62301-1730

Entity Owned 3-yr Hold Free & Clear
Property ID
US28-3976434
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 237011700000
UPID US28-3976434
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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by Request
Owner & transaction history
Sherry Hills Properties LLC · 3 yrs held
Sherry Hills Properties LLC
since 2022
Last sale
$100,000
3 recorded transactions
2022
Price N/A
2011
Price N/A
2010
$100,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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