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Triplex with One-Car Garage
For Sale
$92,900

818-820 S 8th St, Quincy, IL 62301

Three-unit property with separate utilities and two vacant units.

Property Size5,400 SF
Lot Size0.40 Acres
Price / SF$17.20
Days on Market9

Property Features for 818-820 S 8th St

General Information

Standard status Active
Size 5,400 SF
Lot size 0.40 Acres
Property subtype Multi-Family
Occupancy 78%

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Additional Details

Furnished Yes
Business Included Yes

Building Details

Year Built 1925
Year Renovated 2023
Buildings 1
Listing Agency: Swick Realty
Listed By: Glenn Swick · License #471017857
Source: Searchillinoishomesforsale
Added: Sep 17 Changed: Sep 24 Last Checked: Sep 24 at 10:43AM

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 Swick Realty

Investment Insights

Based on property information with market context.

This three-unit residential property at 818-820 S 8th St in Quincy includes a one-car garage and separate utility service for each unit, excluding water. Two units are vacant, while one remains occupied, giving the next owner a partially leased configuration with immediate vacancy to address. The garage may provide additional storage use, subject to the owner’s plans and applicable requirements. The property is offered in its current as-is condition.

Key Highlights

  • Triplex with 3 residential units
  • 2 units vacant; 1 unit occupied
  • Separate utilities for each unit except water

Property Analytics

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Current Use

Triplexes

Suggested Use

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

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

6
Residential units
78%
Occupancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

531
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Three-unit property with separate utilities and two vacant units.
Where is this triplex located?
The property is located at 818-820 S 8th St Quincy, IL.
What is the asking price?
The asking price for this property is $92,900.
What are key features of this property?
This property features: Triplex with 3 residential units; 2 units vacant; 1 unit occupied; Separate utilities for each unit except water
More about this property
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