513-515 & 517 S 12TH Street
Quincy, IL, 62301 $ 350,000
Baths0.0 Monthly Estimate*
$ 2,184
Studio for $350,000. This home was built in 1912 on a lot size of 0.23.
513-515 S 12th is a 2-story 4-unit apartment building, built in 1912, having brick and shingled exterior, metal roof, full basement, and floored attic, and contains approximately 3,122sf consisting of four 1-bed / 1-bath units having separate gas and electric, with updated furnaces and electric services. Owner pays water and hot water. All window A/C units belong to owner. 517 S 12th is a 1-story commercial shop building, built in 1988, having stucco, wood, and vinyl sided exterior, asphalt shingled roof, and concrete slab foundation, and contains approximately 2,780sf, consisting of 2,434sf of shop space and 346sf of office space, having 3-phase electric, two overhead doors, restroom, gas water heater, and gas forced-air heat with C/A. Shop building was previously used for owner's business. Estimated shop income based on $7/sf. Owner's estimated annual expenses for both buildings include property taxes, property insurance at $1,942, utilities at $2,400, and water at $720. Zoning is D2 - Downtown General Business District. Also see MLS#QC4268392 for Commercial Listing
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FeaturesGeneralSewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Zoning D2 -
Construction Materials Stucco Vinyl Siding Wood Siding
Year Built 1912
Tax Year 2024
Gross Income 44000
County Adams
Net Operating Income 35917
Insurance Expense 1942
New Construction N
Property Type Residential Income Two to Four Units
MaintenanceExpense 0
Subdivision Name None
Status Active
Directions 2nd property south of 12th & State on east side of street.
High School Quincy School District #172
City Quincy
MLS Area Quincy
Elementary School Denman
Tax Annual Amount 3021
Electric Expense 960
Fuel Expense 1440
Middle/Junior High School Quincy JR High
Water Sewer Expense 720
Standard Status Active
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InteriorBasement Full
Total Fireplaces 0
Laundry Features None
Total Baths 0
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ExteriorParking Features Garage Door Opener Alley Access
Lot Features Level
Water Source Public
Total Parking 0
Foundation Details Stone
Lot Dimensions 113 x 89.5
Lot Size Acres 0.23
Other Equipment Water Heater-Gas
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* Excluded FeaturesList ByZanger & Associates, Inc.Broker
greg.zanger@zangerandassociates.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,184
- Monthly Property Taxes
- $252
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Quincy, IL
Average List Price $184,950
Percent of Sale Price 47%
About Quincy, IL 39,440 Population
-3% Since 2002
$ 42,486 Median Income
39.63 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
5364969 Elementary School
5364083 Middle School
Quincy School District #172 High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/19/2025 | $350,000 | | Listed Price |