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Corner-Lot Duplex
For Sale
$58,000

337 Chestnut Street, Quincy, IL 62301

Two-bedroom units provide separate residential layouts with one full bathroom each.

Property Size2,627 SF
Days on Market71

Property Features for 337 Chestnut Street

General Information

Standard status Active
Size 2,627 SF
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $316

Building Details

Building Size 2,627 SF
Year Built 1871
Units 2
Listing Agency: Happel, Inc., REALTORS
Listed By: Brandi Griswold · License #475123780
Source: Shawneehillsrealestate
Added: Jun 2 Changed: Aug 10 Last Checked: Aug 10 at 8:55AM

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., REALTORS

Investment Insights

Based on property information with market context.

This two-unit residential property at 337 Chestnut Street includes two bedrooms and one full bathroom in each unit. Built in 1871, the building is being offered as-is and requires a complete transformation. Materials currently located on the property will convey with the sale.

Situated on a large corner lot in Quincy, Illinois, the property also has a layout described as capable of conversion back to a single-family residence. Its existing two-unit configuration provides a defined structure for renovation planning while retaining residential flexibility.

Key Highlights

  • Two‑unit property with 2 bedrooms and 1 full bathroom per unit
  • Large corner lot at 337 Chestnut Street
  • Built in 1871

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

322
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-bedroom units provide separate residential layouts with one full bathroom each.
Where is this duplex located?
The property is located at 337 Chestnut Street Quincy, IL.
What is the asking price?
The asking price for this property is $58,000.
What are key features of this property?
This property features: Two‑unit property with 2 bedrooms and 1 full bathroom per unit; Large corner lot at 337 Chestnut Street; Built in 1871
More about this property
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