Residential Income in Quincy

$355,000

1224 BROADWAY, 62301, Quincy, IL

Residential Income for sale in Quincy, 1224 BROADWAY, 62301

1224 BROADWAY, 62301, Quincy, IL

$355,000

Type: Residential Income

Description

This mixed-use brick building sits on two parcels along one of Quincy's busiest corridors, with traffic counts above 20, 000 vehicles a day and direct proximity to both the Blessing and QMG medical complexes. The ground floor is setup as a commercial space with a reception area, bathroom, and seven private rooms for spa/tanning services. With two separate entrances and partition walls, the ground floor can easily be converted to office suites, salon stations, or other uses. Two fully renovated one-bedroom, one-bath apartments occupy the second floor, remodeled in 2024 with new appliances, plumbing, electrical, and new finishes throughout. The apartments share a laundry space as well as a new deck and staircase. With the second parcel, tenants and customers have ample off-street parking. Mechanical updates are extensive with three newer gas furnaces, three newer water heaters, one newer central AC unit for the ground floor and two new central AC units for the apartments. A new asphalt shingle roof was installed in 2025 as well as gutters and soffits. Total square footage of 2400, 1200 for each floor. Long term tenants in place in the apartments.

Agent Information

Location

1224 BROADWAY, 62301, Quincy, IL

Data

Object TypeResidential Income
Purchase Price$355,000
Living Space0 m²
Plot Size849.84 m²
BathroomsN/A
Construction Year1877
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air, Natural Gas, Electric Water Heater
Primary Energy SourceN/A
Construction Year1877
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

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