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Property profile & analytics
OFF-MARKET
Commercial real estate

920 7Th St Quincy, IL 62301

0.39 ac lot
Property ID
US28-4498055
Property summary
AI-generated overview

This exceptional 0.39-acre lot, located at 920 N 7th St, Quincy, IL 62301, in Adams County, presents a fantastic opportunity for residential or multi-family development. The property is zoned for multi-family use, offering significant potential for investors or builders. The lot includes a substantial pre-existing asset: a large 26x32 foot unfinished storage garage. This garage boasts a vinyl-sided exterior, asphalt shingle roof, concrete slab foundation, 12-foot side walls, two 10-foot overhead doors, one pedestrian door, a storage loft, and a large metal storage rack. While the garage currently lacks utility services, connections are readily available. This versatile property is ideal for constructing new residential units or expanding existing ones, making it a highly attractive investment in a desirable location. The asking price for this 100% ownership opportunity is $25,000. Don't miss this chance to acquire a prime piece of land in Quincy, Illinois.

Property profile
Verified
Property type Commercial real estate
Lot 0.39 ac (16,988 SF)
UPID US28-4498055
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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