Financial
Distress signals
Property profile

2501 Locust St Quincy, IL 62301

OFF-MARKET
Commercial real estate
Property ID
US28-4829920
0.89 ac lot
Last sale Mar 2025 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

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,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2021

What does the county charge?
$12k
Tax billed · 2021
Assessed value · 2022$179k
Assessed land$53k
Assessed improvement$126k
Effective rate6.75%

Value estimate

· Sep 2026
$310k
$279k – $341k
AI approach$315k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionADAMS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.1
Dental Office17.5
Restaurant15.6

Location

2501 Locust St Quincy, IL 62301-3327
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
600 State, Quincy, IL 62301-4858 $370,000 Feb 2026 No data
1800 Broadway, Quincy, IL 62301-2841 $450,000 Feb 2026 No data
301 36th, Quincy, IL 62301-5833 $556,000 Jan 2026 No data
2627 Cedar, Quincy, IL 62301-3448 $385,000 Dec 2025 No data
3115 Broadway, Quincy, IL 62301-3709 $4,100,000 Dec 2025 No data
727-731 Washington, Quincy, IL 62301 $5,000 Dec 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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