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Mixed-Use Building with Apartments
For Sale
$390,000

700 Maine Street, Quincy, IL 62301

COMMERCIAL - Quincy, IL

Property Size7,390 SF
Lot Size0.18 Acres
Price / SF$52.77
Days on Market120

Property Features for 700 Maine Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning D1
Directions West on Maine St, Located at the SE corner of 7th and Maine St
Standard status Active
APN 23-1-0668-000-00
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description LOT 4 BLK 8 WHEELOCKS SURVEY W 40FT LOT 4
Tax Annual Amount 3943
Legal Description LOT 4 BLK 8 WHEELOCKS SURVEY W 40FT LOT 4

Amenities

two garages
rear parking
Listing Agency: Happel, Inc., REALTORS
Listed By: Max Dancer · License #47519024
Added: Apr 23 Changed: Aug 11 Last Checked: Aug 20 at 7:06PM
MLS# CA1043219

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.

Investment Insights

Based on property information with market context.

Located at 700 Maine Street in downtown Quincy, this mixed-use building contains approximately 7,390 square feet across commercial and residential components. The lower level has two vacant commercial units of approximately 2,000 square feet each. These spaces were most recently used for a bar and a nutrition shop. Two apartments, each approximately 1,400 square feet, occupy the upper level and currently contribute gross rental income.

The property is zoned D1 and includes two garages along with parking at the rear. Roof updates are in progress. The existing configuration offers separate commercial and apartment areas within one building, with the lower-level units available for future occupancy.

Key Highlights

  • Approximately 7,390 square feet in a mixed‑use configuration
  • Two vacant lower‑level commercial units of approximately 2,000 square feet each
  • Two upstairs apartments, approximately 1,400 square feet apiece

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,322
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown property combines vacant commercial space, apartments, garages, and rear parking.
Where is this mixed-use property located?
The property is located at 700 Maine Street Quincy, IL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Approximately 7,390 square feet in a mixed‑use configuration; Two vacant lower‑level commercial units of approximately 2,000 square feet each; Two upstairs apartments, approximately 1,400 square feet apiece
More about this property
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