7200 State St Quincy, IL 62305

Exceptional investment opportunity in Quincy, Illinois. This expansive 18.32-acre commercial land parcel, located just outside city limits at 7200 State Street, presents a compelling value-add proposition. The property boasts 58 existing rental pads, offering immediate income potential and significant upside through strategic improvements. Further enhancing its appeal is an additional 20 acres of timber-rich land, adding to the overall acreage and potential future development options. The property is zoned RU1, providing flexibility for various commercial uses. Several readily implementable value-add strategies exist to quickly increase revenue streams. The asking price is $925,000, reflecting a competitive market value, and the seller is motivated to secure a swift sale and is open to reasonable offers. This is a rare chance to acquire a substantial land holding with existing income generation and considerable growth potential in a desirable location. The property's address is 7200 State Street, Quincy, IL 62305.