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3-Unit Multifamily Property
For Sale
$31,000

523 N 6th, Quincy, IL 62301

Three residential units share one lot across a front house and rear house configuration.

Property SizeContact for details
Days on Market619

Property Features for 523 N 6th

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1872
Listing Agency: Tri-State Realty
Listed By: Peggy Azotea · License #475131933
Source: Searchillinoishomesforsale
Added: Dec 24, 2024 Changed: Sep 2 Last Checked: Sep 4 at 7:17AM

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 Tri-State Realty

Investment Insights

Based on property information with market context.

This multifamily property includes 3 units on one lot. The front house contains lower and upper units, while a separate back house provides the third unit. The property is offered as-is, with all measurements identified as approximate.

Each unit has separate electric meters and separate gas meters. High-speed internet fiber is available. Built in 1872, the property offers a multi-unit residential configuration with distinct front and rear housing structures.

Key Highlights

  • 3 units on 1 lot
  • Front house includes lower and upper units
  • Back house provides a separate unit

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Computer & Electronic Repair Storage Facility Tech Support Center Pet Grooming Service

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

Location Intelligence

Trade Area within ½ mile

2,037
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?
Multifamily property - Three residential units share one lot across a front house and rear house configuration.
Where is this multifamily property located?
The property is located at 523 N 6th Quincy, IL.
What is the asking price?
The asking price for this property is $31,000.
What are key features of this property?
This property features: 3 units on 1 lot; Front house includes lower and upper units; Back house provides a separate unit
More about this property
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