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    138 Front St Quincy, IL 62301

    For Sale
    Contact for pricing

    Prime location, versatile space, stunning views.

    Property size:
    21,140 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional mixed-use property at 138 N Front St, Quincy, IL, offers 21,140 square feet across four floors. The building, renovated in 2017, boasts a Class A designation and is situated on a 6,200 square foot lot within a Tax Increment Financing (TIF) district, providing tax incentives. The D3 zoning allows for diverse uses, currently configured as a restaurant, bar, and executive office space. The first two levels each feature 6,120 square feet, including a 560-square-foot patio on the first floor and a 560-square-foot balcony on the second, both offering Mississippi River views. The third floor provides 6,120 square feet of office space, including four standard suites and one presidential suite. A 2,520-square-foot apartment occupies the top floor, ideal for residential or additional office space. The property includes an elevator, two staircases, a fully equipped kitchen and bar with draft beer lines and a basement cooler, and a modern fire sprinkler system. This turnkey opportunity benefits from its prime riverfront location and recent updates. The property's APN is 23-1-0273-001-00 and is owned by an LLC. The building is currently vacant.

    Property Features for 138 Front St

    General Information

    Property type
    Restaurants
    Square Feet
    21,140 SF
    Class
    A

    Building Details

    Year Renovated
    2017
    Buildings
    1
    Stories
    4

    HighLights

    • Prime commercial property at 138 N Front St, Quincy, IL, a 22,000 sq. ft. four‑level Restaurant/Bar/Venue.
    • Located in a TIF district with D3 zoning, allowing for diverse uses.
    • Level 1: 6,120 sq. ft. including a 560 sq. ft. Mississippi River view patio.
    • Level 2: 6,120 sq. ft. mirroring Level 1, plus a 560 sq. ft. balcony.
    • Level 3: 6,120 sq. ft. of corporate office space with five suites (four standard, one presidential).
    • Level 4: 2,520 sq. ft. apartment/office space with river views.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Quincy
    County
    Adams
    State
    Illinois
    Longitude
    -91.415014607169
    Latitude
    39.933151968319

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    FAQs

    What type of property is this?
    Restaurant - Prime location, versatile space, stunning views.
    Where is this restaurant located?
    The property is located at 138 Front St Quincy, IL.
    What are key features of this property?
    This property features: Prime commercial property at 138 N Front St, Quincy, IL, a 22,000 sq. ft. four-level Restaurant/Bar/Venue.; Located in a TIF district with D3 zoning, allowing for diverse uses.; Level 1: 6,120 sq. ft. including a 560 sq. ft. Mississippi River view patio.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    138 Front St Quincy, IL 62301
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