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Quadplex With Garages
For Sale
$154,900

537 Locust Street, Quincy, IL 62301

Four residential units form a compact multifamily property in Quincy.

Property Size3,780 SF
Days on Market93

Property Features for 537 Locust Street

General Information

Standard status Active
Size 3,780 SF
Total Parking Spaces 4
Property subtype Residential Income

Additional Details

Gross Income $26,400
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $1,986

Building Details

Building Size 3,780 SF
Units 4
Listing Agency: Farlow Real Estate Experts
Listed By: Jeremy Farlow · License #471002036
Source: Shawneehillsrealestate
Added: May 11 Changed: Aug 9 Last Checked: Aug 10 at 11:48AM

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 Farlow Real Estate Experts

Investment Insights

Based on property information with market context.

This multifamily property contains four residential units in a quadplex configuration, with garages included as part of the improvements. The property is located at 537 Locust Street in Quincy, Illinois, within ZIP code 62301.

Key Highlights

  • Four‑unit quadplex configuration
  • Garages included with the property
  • Located at 537 Locust Street, Quincy, IL 62301

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Spa & Massage Center Nail Salon Pharmacy

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

103
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units form a compact multifamily property in Quincy.
Where is this quadplex located?
The property is located at 537 Locust Street Quincy, IL.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: Four‑unit quadplex configuration; Garages included with the property; Located at 537 Locust Street, Quincy, IL 62301
More about this property
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