Leased Triplex with Remodeled
For Sale
$250,000
Pending
1635 VERMONT Street, Quincy, IL 62301
MULTI_FAMILY - Quincy, IL
Days on Market54
Property Features for 1635 VERMONT Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1
Parking
2
Parking features
On Street
Fencing
Fenced
Basement
Unfinished, Crawl Space, Partial
Lot features
Level
High school
Quincy School District #172
Directions
Vermont Street between 16th and 17th streets
Standard status
Pending
APN
23-1-1297-000-00
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 11 NEVINS SURVEY W 80FT OF E 150FT S 1/2 LOT 11
Tax Annual Amount
2128
Legal Description
LOT 11 NEVINS SURVEY W 80FT OF E 150FT S 1/2 LOT 11
Utilities
Heating system
Natural Gas, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Number of units
3
Building materials
Vinyl Siding
Roof type
Slate
Listing Agency:
Happel, Inc., REALTORS
(217) 224-8383
Listed By:
Jan Smith
(309) 331-3994
Added: Jun 7
Changed: Jul 24
Last Checked: Jul 30 at 4:06PM
MLS# CA1044314
Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This leased triplex includes three units: one studio unit, one one-bedroom unit, and one two-bedroom unit. The one-bedroom unit has been recently remodeled. Exterior upgrades include roof and siding improvements, and one air conditioner was installed within the last two years.
The property is fully leased, with tenants paying all utilities. The listing reports total building income of $2,450 per month.
Located at 1635 VERMONT Street in Quincy, Illinois, this income-focused multi-family property is presented for sale, having returned to market through no fault of the seller.
The property is fully leased, with tenants paying all utilities. The listing reports total building income of $2,450 per month.
Located at 1635 VERMONT Street in Quincy, Illinois, this income-focused multi-family property is presented for sale, having returned to market through no fault of the seller.
Key Highlights
- 3‑unit triplex: 1 studio unit, 1 1‑bedroom unit, and 1 2‑bedroom unit
- Fully leased; new tenant moving into unit 1 for total building income of $2,450/month
- Tenants pay all utilities
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
666
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with one studio, one one-bedroom, and one two-bedroom unit, with recent exterior and interior improvements.
Where is this triplex located?
The property is located at 1635 VERMONT Street Quincy, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 3‑unit triplex: 1 studio unit, 1 1‑bedroom unit, and 1 2‑bedroom unit; Fully leased; new tenant moving into unit 1 for total building income of $2,450/month; Tenants pay all utilities