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523 College Ave, Quincy, IL, 62301

$60,000

Home List Price

$713*

Closing Credit

0 Baths
Multi

Location

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523 College Ave, Quincy$60,000

Buyer Closing Credits

$713*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
HeatingBaseboard, Other
BasementYes
MLS #CA1032813
Lot Size0.20 Acres
StatusActive

About 523 College Ave

Unique investment opportunity with multiple properties included in one package! This purchase includes an empty lot at 523 College, along with a 2-unit duplex at 525-527 College, and an additional rehab-ready home at 519 College. The duplex currently has long-term tenants, generating steady income of $800/month, with each unit featuring a spacious, mirrored layout to centralize plumbing. Heating is provided by wall-mounted gas heaters with baseboard heaters as a backup. The property also benefits from an updated roof (year unknown) and a welcoming covered front porch. The home at 519 College is prepped for a full rehab, offering the ideal blank slate for investors looking to bring this property back to life. Included building materials, like era-appropriate kitchen cabinets, will convey with the sale. This all-inclusive package provides endless possibilities, from rental income to development potential on the additional lot. An incredible opportunity to add value and increase revenue in a well-situated location! 23-5-0715-000-00, 23-5-0717-000-00. Prop taxes are for all 3 combined. Lot size is for all 3 parcels.

Property Details

Property Features

Listing Office:

  • Office Name: Happel, Inc., REALTORS
  • Office Phone: (217) 224-8383
  • Listing Agent: Jacquelyn Weisenburger

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Other

School Info

Assigned Schools Information:

  • Quincy Sr High School, Public District Grades 10-12

Other

Directions Information:

  • Directions: College between 5th & 6th. North side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $60,000

Tax Information:

  • Annual Amount: $54
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Quincy, IL.

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Quincy, IL

City

Med. Sold Price

$162.3K

Med. Price/SqFt

$97

Avg. Days On Market

26

# of Sold Homes

42

523 College Ave vs Quincy

4 DAYS ON ROCKET

-22 Days

$60,000

-$102.3K Less

KEY TAKEAWAY

This property is $102.3K less than the Median Sold Price in Quincy, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1032813

Listing Office:

  • Office Name: Happel, Inc., REALTORS
  • Office Phone: (217) 224-8383
  • Listing Agent: Jacquelyn Weisenburger

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 11:50:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$54$790
2019$73$1,060
2017$70$1,030

History based on county public records data.

Payment Calculator

$367

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$246

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-2074719
3
/10

  • Quincy Sr High School

  • 3322 Maine St

  • 2.50 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,098. The majority of Quincy, IL residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Adams County›Quincy›62301›523 College Ave

This home is located at 523 College Ave in Quincy, IL and zip code 62301. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $60,000.

Quincy, IL housing market in October 2024 saw over 13 listings sold above listed price, more than 6 sold at listed price and over 23 sold below. The number of homes for sale in Quincy, IL increased by 12.2% between September 2024 and October 2024. Listings spent 26 days on the market in October 2024, and had a median list price of $162,366 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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