2421 24Th St Quincy, IL 62305
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.