Entity Owned Property summary
This exceptional investment opportunity presents a well-maintained, 16-unit multifamily property located at 4609 State Street, Quincy, Illinois, 62305. The property consists of six buildings, encompassing four triplexes and two duplexes, all featuring spacious three-bedroom, two-bathroom floor plans. Built in 2014, the property boasts a total of 13,888 square feet of net rentable space situated on a 1.15-acre lot. The property is currently operating at 100% occupancy with all units under… 11-month leases, providing consistent rental income. A substantial concrete parking lot offers 32 parking spaces for tenants. The property is zoned C2 and features a 7.57% cap rate with a Net Operating Income (NOI) of $121,055, resulting in a price per unit of $100,000. The asking price for this turnkey investment is $1,600,000. The property's strong performance and desirable location make it an attractive investment for discerning buyers seeking a stable and profitable multifamily portfolio. The property is free and clear of any ground lease. The Adams County Assessor's Parcel Number (APN) is 23-7-0765-014-00. The current occupancy is expected to continue through July 31, 2025.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2021
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1.15 ac
- APN
- 237076501400
- Assessed value · 2022
- $447,270
- Annual tax · 2021
- $35,680
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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