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Property profile & analytics
OFF-MARKET
Commercial real estate

2421 24Th St Quincy, IL 62305

Property ID
US28-3555148
Property summary
AI-generated overview

This exceptional one-acre commercial property, located at 2421 N 24th Street in Quincy, Illinois, presents a unique investment opportunity. Priced at $310,000, the property boasts a park-like setting enclosed by white fencing. Zoned Industrial and situated within the city's Enterprise Zone, this location offers potential tax benefits for qualifying businesses (contact the Quincy Planning & Development Office for details). The land includes two existing buildings: a charming three-bedroom house featuring beautiful woodwork and hardwood floors throughout, and a two-car garage that has been partially converted into a one-car garage with a small office space. This conversion is easily reversible to restore the full two-car garage. A convenient circular driveway enhances accessibility. The property's versatile zoning and existing structures offer numerous possibilities for entrepreneurs seeking a unique business location. This is a rare opportunity to acquire a well-situated, established property with significant upside potential in a desirable area of Quincy. The property's address is 2421 N 24th Street, Quincy, IL 62305.

Property profile
Verified
Property type Commercial real estate
UPID US28-3555148
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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