Two buildings that currently grosses $78,000 annually. First floor of the building is currently occupied and used as a restaurant. The second floor of the building is full of 11 apartments. 10/11 apartments are 1 bedroom, 1 bath. 1/11 apartments is a 2 bed, 1 bath. There is an additional office building located on the south end of the property. This commercial property has strong historic occupancy. All commercial and units are occupied and current with rents. Owner pays trash and water. Tenants set up and pay their own electric, except for two of the apartments. Great passive income opportunity!
View full listing detailsPrice: | $499,000 |
Address: | 522 S 8th Street |
City: | Quincy |
County: | Adams |
State: | Illinois |
Zip Code: | 62301 |
MLS: | 199911 |
Year Built: | 1940 |
Square Feet: | 13,500 |
Acres: | 0.430 |
Lot Square Feet: | 0.430 acres |
addressSearchNumber: | 522 |
agentHitCount: | 55 |
agentOwned: | no |
askingPrice: | 499000 |
avm: | No |
basement: | Full, Slab |
class: | COMMERCIAL |
clientHitCount: | 41 |
commercial: | Multi-Use Bldg, Office, Restaurant, Retail |
cooling: | Central, Window |
disclosures: | no |
dom: | 74 |
domls: | 72 |
excl: | no |
exterior: | Brick, Vinyl |
featuresExterior: | None |
featuresInterior: | Display Window(s), Kitchen, Mfg Space, Office Space, Private Restroom(s), Public Restroom(s), Retail Space |
firstPhotoAddTimestamp: | 2020-09-14T21:43:00+00:00 |
gridNum: | 47 |
heat: | Forced Air Gas |
hotsheetDate: | 2020-10-19T00:00:00+00:00 |
inputDate: | 2020-09-14T21:42:59+00:00 |
lA1AgentAddressStreetName: | 4439 Broadway |
lA1AgentPhone1Description: | Cell |
lA1AgentPhone2Description: | Ofc |
lA1AgentPnone3Description: | Fax |
la1agentCity: | Quincy |
la1agentLogonName: | Mdancer |
la1agentPhone1Countryid: | United States (+1) |
la1agentPhone2Countryid: | United States (+1) |
la1agentPhone2Number: | 217-224-8383 |
la1agentPhone3Countryid: | United States (+1) |
la1agentPhone3Number: | 217-224-3387 |
la1agentState: | IL |
la1agentStatus: | MLS Only |
la1agentType: | REALTOR MLS |
la1agentZip5: | 62301 |
levels: | 2 |
listingAgentEmail: | dancermaxal@gmail.com |
listingAgentFirstName: | Max |
listingAgentLastName: | Dancer |
listingAgentPhone: | 217-440-3100 |
listingDate: | 2020-09-12T00:00:00+00:00 |
listingOfficeEmail: | happelrealtorsquincy@gmail.com |
listingOfficeName: | Happel Inc., REALTORS® |
listingOfficePhone: | 217-224-8383 |
lo1mainOfficeId: | 52 |
lo1officeAbbreviation: | 279 |
lo1officeCity: | Quincy |
lo1officeIdentifier: | 52 |
lo1officeState: | IL |
lo1officeType: | Realtor MLS |
lo1officeZip5: | 62305 |
lo1officephone1countryid: | United States (+1) |
location: | Other (See Remarks) |
lotSizeML: | 100x188 |
ltdSer: | no |
lvtDate: | 2020-09-14T00:00:00+00:00 |
managingBroker: | No |
originalPrice: | 499000 |
otherSqftML: | 10000 |
parcelNum: | 23-2-0293-000-00 |
parking: | 11 - 25 Spaces |
possession: | At Close |
previousAskingPrice: | 499000 |
priceDate: | 2020-09-14T00:00:00+00:00 |
reo: | no |
restaurantSqftML: | 3500 |
roof: | Asphalt/ Fiberglass |
saleRent: | For Sale |
sewer: | City |
statusCatID: | Active |
statusDate: | 2020-10-19T00:00:00+00:00 |
systemid: | 199911 |
taxYear: | 2019 |
taxes: | 6994 |
water: | City |
waterHeater: | Natural Gas |