Mixed-Use Property with Income
For Sale
Contact for pricing
301 S 7TH Street, Quincy, IL 62301
Versatile property with warehouse, office, and apartment income potential.
Property Size40,000 SF
Price / SF$34
Days on Market789
Property Features for 301 S 7TH Street
General Information
Standard status
Active
Size
40,000 SF
Class
C
Property subtype
Industrial, Multifamily, Office
Zoning
D2
Occupancy
15%
Lease Type
Modified Gross
Investment Type
Owner/User
Net Operating Income
$39,030
Building Details
Year Renovated
2018
Buildings
1
Stories
3
Units
6
Tenancy
Multi
Listing Agency:
Happel Inc Realtor
(217) 440-3100
Listed By:
Max Dancer · License #IL 475.19024
Source:
Crexi
Added: Jun 14, 2024
Changed: Aug 11
Last Checked: May 12 at 8:17PM
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 Happel Inc Realtor
Investment Insights
Based on property information with market context.
This mixed-use property features 2,000 sq. ft. of office space on the first floor and a 30,000 sq. ft. warehouse. The warehouse includes a 19 ft. peak height and an external dock with a leveler. The upper level contains six furnished apartments generating over $56,000 annually. Additionally, there are three framed, unfinished apartments ready for completion. Located in a TIF zone, the property offers tax incentives for finishing the apartments. This property is ideal for businesses needing substantial warehouse space while benefiting from supplementary rental income, presenting a unique investment opportunity.
Key Highlights
- 30,000 sq. ft. warehouse with 19 ft. peak height and external dock with leveler.
- Six furnished apartments generating over $56,000 annually.
- Located in a TIF zone, offering tax incentives for finishing three framed, unfinished apartments.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
531
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 Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile property with warehouse, office, and apartment income potential.
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: 30,000 sq. ft. warehouse with 19 ft. peak height and **external dock with leveler**.; Six furnished apartments generating over $56,000 annually.; Located in a TIF zone, offering tax incentives for finishing three framed, unfinished apartments.
