2501 Locust St Quincy, IL 62301-3327
Property profile & analytics
2501 Locust St Quincy, IL 62301-3327
- Commercial real estate
- 0.89 lot acres
Property ID
US28-4829920
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 2501 Locust St
- Lot size
- 0.89 lot acres
- Property type
- Commercial real estate
- APN
- 237154200200
- APU
- 237154200200
Description
This exceptional commercial property at 2501 Locust Street in Quincy, Illinois, presents a fantastic investment opportunity. The 2003-built building, originally a Pizza Hut, is situated on a land parcel in Adams County, zip code 62301 (latitude 39.9504696, longitude -91.3758152). The property is offered at an asking price of $469,000 and boasts a desirable combination of land, office, and retail space, making it suitable for a variety of commercial uses. Currently configured as a restaurant, the building is in good condition and features a convenient drive-up window, a significant advantage for quick service operations. Ample private parking is available on-site, ensuring customer convenience and ease of access. The single building structure offers a versatile layout adaptable to various restaurant concepts or other commercial ventures. The property's location in Quincy, Illinois provides access to a strong local market and offers significant potential for growth and profitability. This turnkey opportunity is ideal for an established business seeking expansion or a new entrepreneur looking to establish a thriving enterprise. The property's history as a successful restaurant provides a solid foundation for future success. Serious inquiries are encouraged to explore this promising investment.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Quincy
- County
- Adams
- State
- Illinois
- Longitude
- -91.3759
- Latitude
- 39.9504
- 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
$12,110
$53,200
$126,140
$179,340
-
$159,600
$378,420
$538,020
