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Downtown Mixed-Use Building
New
For Sale
$390,000

700 Maine Street, Quincy, IL 62301

Commercial Sale, Quincy, IL

Property Size7,390 SF
Lot Size0.18 Acres
Price / SF$52.77
Days on Market3

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
Added: Oct 16 Changed: Oct 17 Last Checked: Oct 18 at 4:06PM
MLS# CA1047204

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 700 Maine Street in Quincy, this mixed-use property contains two commercial units on the lower level, each approximately 2,000 square feet, and two apartments upstairs, each approximately 1,400 square feet. Both commercial units are vacant. The apartments generate $1,800 per month in gross income.

The property also includes two garages and parking at the rear. Roof work is underway. The site measures 0.1754 acres and is zoned D1.

Key Highlights

  • Two vacant ground‑floor commercial units, approximately 2,000 square feet each
  • Two upstairs apartments, approximately 1,400 square feet each
  • Apartments generate $1,800/month in gross income

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Storage Facility Computer & Electronic Repair Food Market Tech Support Center

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
49k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Shops & Services 25% Hotels & Casinos 6%
Burger King Dining
19,101 visits/mo 0.4 miles
Taco Bell Dining
14,631 visits/mo 0.3 miles
Dollar General Shops & Services
4,585 visits/mo 0.2 miles
Family Dollar Shops & Services
3,977 visits/mo 0.3 miles
Cenex Shops & Services
3,586 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - D1 zoning and a combination of commercial space and upstairs apartments define the property’s mixed-use configuration.
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: Two vacant ground‑floor commercial units, approximately 2,000 square feet each; Two upstairs apartments, approximately 1,400 square feet each; Apartments generate $1,800/month in gross income
More about this property
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