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Mixed-Use Warehouse and Apartment Building

301 S 7TH Street, Quincy, IL 62301

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For Sale

$1,399,999

COMMERCIAL - Quincy, IL

Property size:

42,000 SF

Lot size:

0.72 Acres

Price / SF:

$33/SF

HighLights

Multi‑use commercial property with over 42,000 sq ft of versatile space.
40,000 sq ft of warehouse space suitable for storage, manufacturing, or distribution with an external dock.
Six furnished apartments generating $56,700 in annual rental income.
Three additional apartments ready to be finished with TIF incentives available.
2,000 sq ft of office and retail space.
Brick construction with metal and asphalt roof.

We can help!

Contact an agent

Janet Arns

For Sale

$1,399,999

COMMERCIAL - Quincy, IL

Property size:

42,000 SF

Lot size:

0.72 Acres

Price / SF:

$33/SF

Added:: Apr 14, 2025
Days on Market:: 446
Last Refresh:: Jul 3 at 3:06 am

Property Features for 301 S 7TH Street

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: D2
Standard status: Active
APN: 231069300000
Size: 42,000 SF
Lot size: 0.72 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 10042

Utilities

Sewer type: Public Sewer
Heating system: Natural Gas, Forced Air
Cooling system: Central Air

Building Details

Floors in Building: 3
Number of units: 6
Flooring type: Carpet, Concrete
Building materials: Brick
Roof type: Metal, Asphalt

We can help!

Contact an agent

Janet Arns

Listing agent Janet Arns License #475130570

Listing office Happel, Inc., REALTORS 4439 Broadway, Quincy, IL

Listing date Apr 14, 2025

MLS# CA1035712

HighLights

Multi‑use commercial property with over 42,000 sq ft of versatile space.
40,000 sq ft of warehouse space suitable for storage, manufacturing, or distribution with an external dock.
Six furnished apartments generating $56,700 in annual rental income.
Three additional apartments ready to be finished with TIF incentives available.
2,000 sq ft of office and retail space.
Brick construction with metal and asphalt roof.

Overview

This mixed-use property offers a combination of warehouse, office/retail, and residential space in one consolidated building. The warehouse component provides approximately 40,000 square feet of flexible area suited for storage, manufacturing, or distribution and includes an external dock. An additional 2,000 square feet is allocated to office and retail uses.

The residential portion includes six furnished apartments, each with laundry. In addition, there are three more apartments that are ready to be finished, providing space that can be completed for additional occupancy. The property is located at 301 S 7TH Street in Quincy, Illinois (Adams County).

For buyers seeking a multi-purpose setup, the layout supports a combined operating and income strategy: warehouse space can be used to support business needs while the apartment units provide ongoing rental revenue. The existing furnished apartments are currently producing stated annual rental income of $56,700, and the unfinished apartments can be completed to expand the residential offering. The listing also notes the possibility of leveraging TIF incentives to complete the additional units, subject to eligibility.

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Location Insight

Map
Local Demand

City: Quincy
County: Adams
State: Illinois
Longitude: -91.404522
Latitude: 39.929155

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For sale
Mixed-use properties
IL
Quincy
62301
301 S 7TH Street

What type of property is this?

Mixed-use property - Versatile warehouse with external dock plus office/retail space and furnished apartments generating current rental income.

Where is this mixed-use property located?

The property is located at 301 S 7TH Street Quincy, IL.

What is the asking price?

The asking price for this property is $1,399,999.

What are key features of this property?

This property features: Multi‑use commercial property with over 42,000 sq ft of versatile space.; 40,000 sq ft of warehouse space suitable for storage, manufacturing, or distribution with an external dock.; Six furnished apartments generating $56,700 in annual rental income.

301 S 7TH Street, Quincy, IL 62301

COMMERCIAL - Quincy, IL

Property Features for 301 S 7TH Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Commercial Redevelopment Land

Downtown Glass-Front Retail Showroom

Two-Story Restaurant Building

Mixed-Use Property in Downtown Quincy

Three-Unit Residential Income Property

Two-Story Industrial Warehouse

Quincy Commercial Building For Sale

Remodeled Duplex with Fenced Yard

Residential Income Property

Remodeled Triplex with Leased Units

Four-Unit Multifamily Building

Retail Outparcel Near Wal-Mart

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