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Property profile & analytics

1123 4Th St Quincy, IL 62301

  • Commercial real estate
Value Estimation
Last Sale
Aug 10, 2022
$100,000
Location Intelligence
Property ID
US28-3976434
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1123 4Th St

Property type
Commercial real estate
APN
237011700000
APU
237011700000

Description

This exceptional commercial property, located at 1123 N 4th Street in Quincy, Illinois, presents a significant opportunity for investors and entrepreneurs. Boasting nearly 2,500 square feet of versatile space all on a single level, this building offers unparalleled convenience and flexibility. Currently configured as a laundromat and gaming parlor, the property's layout is adaptable to a wide range of commercial uses. The expansive floor plan allows for easy customization to suit individual business needs, whether it's retail, office space, or a combination thereof. The property sits on a lot with no acreage, making it ideal for businesses that don't require extensive outdoor space. The asking price of $150,000 represents a compelling investment opportunity in a thriving Quincy location. The building's existing infrastructure provides a solid foundation for immediate occupancy or renovation, depending on the buyer's vision. Its prime location offers excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and employees. This is a rare chance to acquire a substantial commercial property in a desirable area at an attractive price point. Don't miss this chance to secure a valuable asset with significant upside potential. Serious inquiries are encouraged.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $95,000
  • CAP approach

    CAP return
    Estimation
    6%
    $100,000
    6.5%
    $120,000
    7%
    $115,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $110,000
    Geo Method
    $125,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $125,000
    Retail
    $110,000
    Mixed-Use
    $130,000
    Hospitality
    $130,000
    Educational
    $100,000
    Residential Income
    $140,000
    Energy
    $100,000
    Income-Based Land
    $105,000
    Food Service
    $130,000

Location Insight

  • Map
  • Local Demand
City
Quincy
County
Adams
State
Illinois
Longitude
-91.4104
Latitude
39.9452
CBSA code
39500
CBSA name
QUINCY, IL-MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$2,416
$10,080
$25,700
$35,780
-
$30,240
$77,100
$107,340
More about this property
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