For more information regarding the value of a property, please contact us for a free consultation.
727-729 Monroe Quincy, IL 62301
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $240,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12396761
Bedrooms 4
Full Baths 5
Annual Tax Amount $2,048
Tax Year 2024
Lot Size 3,484 Sqft
Property Sub-Type Two to Four Units
Property Description
Investor's Dream! Cash Flow of $3,000+ Rent! 5-Unit Complex with Expansion Potential in the attic for a 6th unit. Current tenants generate excellent rental income and fully occupied. Prime Location & Convenience for tenants with city bus and grocery store just around the corner. Extensive Updates: Major systems have been addressed over the last 10 years, including: Newer furnaces (3 units have Central A/C) Metal Roof resealed aprox 8 years ago. Separate Utilities (except Owner currently pays utilities for two units (727 1/2 and 1030). Washer/Dryer hookups in 2 units. Start Building Your Portfolio Today! Don't miss this chance to acquire a solid, income-producing asset with significant upside., Separate Electric Meters, Separate Gas Meters, Washer/Dryer Hook Up, HiSpd Intrnt Fiber Avail
Location
State IL
County Adams
Area Quincy
Zoning COMMR
Interior
Heating Forced Air
Equipment Ceiling Fan(s), Water Heater-Gas
Exterior
Roof Type Metal
Building
Sewer Community Sewer
Water Public
Structure Type Stone,Vinyl Siding
New Construction false
Schools
Elementary Schools Lincoln-Douglas
High Schools Quincy
Read Less
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Non Member of Non-Member
GET MORE INFORMATION