Mixed-Use Building with Event
500 S 8TH Street, Quincy, IL 62301
For Sale
$475,000
Commercial Sale, Quincy, IL
Property Size20,000 SF
Lot Size0.37 Acres
Price / SF$23.75
Days on Market92
Property Features for 500 S 8TH Street
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Listing Agency:
Happel, Inc., REALTORS
(217) 224-8383
Listed By:
Melissa Sullivan · License IL #475127805
(217) 242-3371
Added: Aug 11
Changed: Oct 30
Last Checked: Nov 10 at 10:06AM
MLS# CA1045742
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.
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Investment Insights
Based on property information with market context.
At 500 S 8th Street in Quincy, this approximately 20,000-square-foot mixed-use property occupies a 0.37-acre site. Its main level contains an open banquet and event area, a kitchen and prep space, and three half baths. One apartment has been renovated; the remaining residential area is gutted and could be refinished for a configuration that includes 11 additional units.
The property is zoned Commercial and is located in downtown Quincy. Brick and frame construction, tile and carpet flooring, and a 1900 construction date are among its recorded building details. The City of Quincy Downtown TIF redevelopment grant funds are stated to remain available for this location.
The property is zoned Commercial and is located in downtown Quincy. Brick and frame construction, tile and carpet flooring, and a 1900 construction date are among its recorded building details. The City of Quincy Downtown TIF redevelopment grant funds are stated to remain available for this location.
Key Highlights
- Approximately 20,000 square feet on a 0.37‑acre site
- Ground‑floor event area, kitchen and prep space, and three half baths
- One renovated apartment; remaining residential space could accommodate 11 additional units
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,571
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a ground-floor event venue with residential space, including one renovated apartment.
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: Approximately 20,000 square feet on a 0.37‑acre site; Ground‑floor event area, kitchen and prep space, and three half baths; One renovated apartment; remaining residential space could accommodate 11 additional units
