513-515 & 517 S 12TH Street
Quincy, IL, 62301 $ 350,000
Baths0.0 Sq 5,902 Monthly Estimate*
$ 2,184
Studio for $350,000. This 5,902 square foot 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. Both 1st level units rent for $525/mo, and 2nd level units rent for $500/mo and $485/mo, with each unit having a $400 security deposit. Owner pays water and hot water. All kitchen appliances and 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. Other SF is apartment building. Zoning is D2 - Downtown General Business District. Also see MLS#QC4268391 for Multi-Unit Listing
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FeaturesGeneralCooling Central Air
Roof Metal
Zoning D2
Construction Materials Brick Stucco Vinyl Siding Wood Siding Frame
Year Built 1912
Current Use Commercial
County Adams
Property Type Commercial Sale Multi Family 5+
Possible Use Other Multi-Family
Status Active
Directions 2nd property south of 12th & State on east side of street.
City Quincy
Number Of Units Total 4
MLS Area Quincy
Lot Size Square Feet 10114
Tax Annual Amount 3021
Lease Type Gross
Standard Status Active
Ownership Type Trust
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InteriorFlooring Carpet Concrete Tile
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ExteriorBuilding Area Total 5902
Lot Dimensions 113 x 89.5
Lot Size Acres 0.23
Frontage Type City Street Paved
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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.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/19/2025 | $350,000 | | Listed Price |