Mixed-Use Property with Event
For Sale
Contact for pricing
500 S 8TH Street, Quincy, IL 62301
Commercial zoning accompanies event space and partially renovated residential areas.
Property Size20,000 SF
Price / SF$23.75
Days on Market17
Property Features for 500 S 8TH Street
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Multifamily, Office, Retail, Industrial
Zoning
Commercial
Property Condition
Severity
Major Repairs Needed
Evidence
gutted
Building Details
Year Built
1900
Buildings
1
Units
11
Listing Agency:
Happel, Inc., REALTORS
(217) 242-3371
Listed By:
Melissa Sullivan · License #475127805
Source:
Crexi
Added: Aug 12
Changed: Aug 28
Last Checked: Aug 28 at 5:54AM
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 mixed-use property contains nearly 20,000 square feet across commercial and residential components. The main level includes an event-oriented commercial area, while the residential portion includes one fully renovated apartment. Additional residential space has been stripped to its underlying condition and is configured for the creation of another 10 units.
Built in 1900 and zoned Commercial, the property occupies a downtown setting at 500 S 8TH Street in Quincy, Illinois. Restaurants, shopping, nightlife, and entertainment are located steps away, placing the building within an active urban environment.
The existing layout combines a usable commercial area with completed and unfinished residential space, offering a mixed-use configuration with substantial redevelopment scope.
Built in 1900 and zoned Commercial, the property occupies a downtown setting at 500 S 8TH Street in Quincy, Illinois. Restaurants, shopping, nightlife, and entertainment are located steps away, placing the building within an active urban environment.
The existing layout combines a usable commercial area with completed and unfinished residential space, offering a mixed-use configuration with substantial redevelopment scope.
Key Highlights
- Nearly 20,000 square feet of mixed‑use property
- Main floor includes a commercial event space
- One apartment has been completely renovated
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,571
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial zoning accompanies event space and partially renovated residential areas.
Where is this mixed-use property located?
The property is located at 500 S 8TH Street Quincy, IL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Nearly 20,000 square feet of mixed‑use property; Main floor includes a commercial event space; One apartment has been completely renovated
