Skip To Content

4609 State Street

QUINCY, IL 62301
  • $1,600,000
  • STATUS: Active
  • ON SITE: 92 Days
  • ID#: CA1032621
$1,600,000
  • 0
    BEDS
  • 1.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2014
County:
Area:

School Information

Description

This multifamily property features 16 units, consisting of four triplexes and two duplexes, all offering spacious 3-bedroom, 2-full bathroom layouts. With a well-maintained concrete parking lot providing 32 spaces, tenants enjoy ample parking. Each unit is currently rented, structured on an 11-month lease, with a down month typically scheduled in June. This flexible rental agreement offers stability for both investors and tenants alike. Please reach out to Max Dancer, Happel, Inc REALTORS for additional questions or to schedule a showing.

Monthly Payment Calculator



© 2025 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kinney Garst Sales Team | The Real Estate Group. Data last updated: 2025-01-21T23:45:20.227.
www.kathygarst.com/homes/156999118
Print Image

4609 State Street QUINCY, IL 62301

  • Price: $1,600,000
  • Status: Active
  • On Site: 92 Days
  • ID#: CA1032621
0
Beds
0
Baths
0
½ Baths
1.15
Acres
2014
Built
Neighborhood:
None
County:
Adams
Area:
Quincy
High School:
Quincy School District #172
Property Description
This multifamily property features 16 units, consisting of four triplexes and two duplexes, all offering spacious 3-bedroom, 2-full bathroom layouts. With a well-maintained concrete parking lot providing 32 spaces, tenants enjoy ample parking. Each unit is currently rented, structured on an 11-month lease, with a down month typically scheduled in June. This flexible rental agreement offers stability for both investors and tenants alike. Please reach out to Max Dancer, Happel, Inc REALTORS for additional questions or to schedule a showing.
Exterior Features

Construction Materials Vinyl Siding Parking Features Other Parking Total 32 Roof Shingle

Interior Features

Basement None Building Area Total 13888 Heating ElectricCentral Air Laundry Features Owned Equipment Number Of Central Air Units 16 Number Of Dryers 16 Number Of Electric Meters 16 Number Of Gas Meters 16 Number Of Heating Units 16 Number Of Washers 16 Number Of Water Heaters 16

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Gross Income 184030 Gross Scheduled Income 184030 Insurance Expense 13000 Lot Features Level Lot Size Dimensions 220x230 Manager On Site YN No Net Operating Income 137409 New Construction YN No Number Of Water Meters 1 Number Of Window Units 0 Operating Expense 17200 Repossessed No Structure Type Two or More StoryDuplexTriplex Tax Annual Amount 29421 Tax Legal Description LOT 2 MCCLELLAND'S 1ST ADDITION Tax Year 2023 Trash Expense 4200 Type Residential Income Water Source Public SewerPublic Zoning C1B

Listing provided courtesy of Max Dancer of Happel, Inc., REALTORS: Office: 217-224-8383.
© 2025 RMLS Alliance, LLC. All Rights Reserved.


© 2025 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kinney Garst Sales Team | The Real Estate Group. Data last updated: 2025-01-21T23:45:20.227.
 
https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_CA1032621-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_CA1032621-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_CA1032621-1.jpg
Logo
Kinney Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711