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525-527 College Ave, Quincy, IL, 62301

$39,500

Home List Price

$469*

Closing Credit

0 Baths
Multi

Location

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525-527 College Ave, Quincy$39,500

Buyer Closing Credits

$469*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
HeatingBaseboard, Natural Gas, Other
BasementYes
MLS #CA1032812
Lot Size0.09 Acres
StatusActive

About 525-527 College Ave

Income-generating duplex with an additional lot included! This 2-unit property at 525-527 College has long-term tenants in place, with Unit 525 occupied for 4+ years and Unit 527 for over 12 years. Each spacious unit offers a well-maintained layout, with mirror-flipped designs to centralize plumbing along the shared wall. Heating is provided by wall-mounted gas heaters, with baseboard heaters as a backup. While most updates are cosmetic in nature, the property benefits from an updated roof (year unknown) and a welcoming covered front porch for outdoor enjoyment. The additional lot at 523 College offers exciting potential for future development or added value. An excellent investment with steady rental income of $800/month, appealing to both seasoned and new investors! 523 College is an empty lot 23-5-0716-000-00, taxes are approx $60 year. (This offering can be purchased in a package deal to include 519 College - a neighboring lot)

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: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Other

Other

Directions Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $39,500

Tax Information:

  • Annual Amount: $517
  • 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

525-527 College Ave vs Quincy

52 DAYS ON ROCKET

+20 Days

$39,500

-$125.5K Less

KEY TAKEAWAY

This property is $125.5K 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: #CA1032812

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$517$7,500
2019$465$6,800
2017$450$6,600

History based on county public records data.

Payment Calculator

$265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$185

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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-1040984
6
/10

  • Thomas S Baldwin Elementary School

  • 3000 Maine St

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-1040985
5
/10

  • Rooney Elementary School

  • 4900 Columbus Rd

  • 1.70 miles

  • Public District Grades KG-5

school-card-donut-1040986
5
/10

  • Denman Elementary School

  • 4100 Harrison St

  • 2.17 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 $37,192. Typical income of Quincy, IL residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Adams County›Quincy›62301›525-527 College Ave

This home is located at 525-527 College Ave in Quincy, IL and zip code 62301. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $39,500.

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. Between October 2024 and November 2024, Quincy, IL real estate market has seen decrease in the number of listings 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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