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Office Building with Freight Elevator
For Sale
$499,000

110 5TH Street, Quincy, IL 62301

Multi-story building includes professional office space, an operating bar/lounge, and a freight elevator serving all floors.

Property Size14,500 SF
Price / SF$34.41
Days on Market242

Property Features for 110 5TH Street

General Information

Standard status Active
Size 14,500 SF
Property subtype General Commercial

Additional Details

Lease Term 12 months

Taxes and HOA fees

Annual Taxes $4,436

Amenities

freight elevator
Central Air
3
Tile, Carpet, Wood
Membrane
25x179

Building Details

Year Built 1882
Stories 4
Listing Agency: Davis & Associates, REALTORS
Listed By: John Mast
Source: Xome
Added: Dec 13, 2025 Changed: Aug 12 Last Checked: Aug 12 at 4:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Davis & Associates, REALTORS

Investment Insights

Based on property information with market context.

This multi-story office building offers a mix of income-producing and available space. The property has been most recently utilized for professional office space and includes an approximately 1,800-square-foot bar/lounge that is currently leased and generating revenue. Additional space is available on the main level for lease, while the second floor has hosted mostly office use with some additional commercial space toward the east end of the building. The third and fourth floors are used for storage and may also be available for expansion of either residential or additional commercial space. A large basement space may be utilized for additional storage.

Located along Washington Square in Quincy, Illinois, the building includes a freight elevator that is inspected and fully functional, serving all floors.

Key Highlights

  • 14,500 SF multi‑story building with professional office space and an 1,800 SF bar/lounge.
  • Bar/lounge is currently leased and generating revenue.
  • Main‑level space is available to lease for $1,100/month with a one‑year minimum term.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Bakery Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby

Demographics for 62301, IL

31,481
Population
15,295
Households
2.1
Avg Household Size
39
Median Age
24%
College-Educated
91%
High-School Grad
11.2 sq mi
ZIP Area
2,811
Density / Sq Mi
$52,212
Median Household Income
$36,665
Median Earnings
$805
Median Rent
$124,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Multi-story building includes professional office space, an operating bar/lounge, and a freight elevator serving all floors.
Where is this office building located?
The property is located at 110 5TH Street Quincy, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 14,500 SF multi‑story building with professional office space and an 1,800 SF bar/lounge.; Bar/lounge is currently leased and generating revenue.; Main‑level space is available to lease for $1,100/month with a one‑year minimum term.
More about this property
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