1 month on rocket

523 College Ave, Quincy, IL, 62301

$54,000

Home List Price

$641*

Closing Credit

0 Baths
Multi

Location

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523 College Ave, Quincy$54,000

Buyer Closing Credits

$641*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

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

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $54,000

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

$165K

Med. Price/SqFt

$99

Avg. Days On Market

32

# of Sold Homes

38

523 College Ave vs Quincy

52 DAYS ON ROCKET

+20 Days

$54,000

-$111K Less

KEY TAKEAWAY

This property is $111K 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: 12/22/2024, 6:21:01 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

$337

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$228

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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.

Nearby Schools

school-card-donut-1039126
6
/10

  • Iles Elementary School

  • 3111 N 12th St

  • 2.10 miles

  • Public District Grades KG-5

school-card-donut-1039127
6
/10

  • Thomas S Baldwin Elementary School

  • 3000 Maine St

  • 2.30 miles

  • Public District Grades KG-5

school-card-donut-1039128
5
/10

  • Denman Elementary School

  • 4100 Harrison St

  • 3.62 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

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 $54,000.

In November 2024, from all listings sold in Quincy, IL there were more than 6 sold above asking price, over 24 sold below and more than 8 were sold right at the asked price. The inventory of homes for sale in Quincy, IL between October 2024 and November 2024 decreased by 3.7%. In November 2024 median list price was $165,000 and the average listing age was 32 days.

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

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