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400 S 7th Street, Quincy, IL 62301

Quincy
Local realty services provided by:CENTURY 21 Broughton Team
400 S 7th Street,Quincy, IL 62301
$700,000
  • - Beds
  • - Baths
  • 8,448 sq. ft.
  • Multi-family
  • Active
Listed by: bobette cawthon
Office: davis & associates, realtors
MLS#:CA1047030
Source:IL_CAAR

Price summary

  • Price:$700,000
  • Price per sq. ft.:$82.86

About this home

Fully occupied 8-unit multifamily investment property built in 2013 with current gross rental income of $7,100/month ($85,200 annually). Seven units rent for $900, and one for $800. All Units feature open floor plans, 2 bedrooms and 1 bath, as well as in-unit washer/dryer hookups. Tenants pay all utilities except garbage. Numerous updates have been completed throughout the units, including flooring, appliances, and bathroom improvements. Each unit has its own furnace, central cooling, and electric water heater. Property includes sprinkler systems, one private off-street parking space per unit, plus additional off-street parking. An established income-producing property with strong amenities and tenant appeal. Interior photos submitted by seller.

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Home facts

  • Year built:2013
  • Subdivision & Development:None
  • Listing ID #:CA1047030
  • Added:2 day(s) ago
  • Updated:October 10, 2026 at 08:17 PM

Rooms and interior

  • Living area:8,448 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Electric, Electric Water Heater, Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:2013
  • Building area:8,448 sq. ft.
  • Lot area:0.23 Acres
  • Construction Materials:Brick, Stucco
  • Foundation Description:Slab

Schools

  • High school:Quincy School District #172
  • Middle school:Quincy JR High

Utilities

  • Water:Public

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$82.86
  • Tax amount:$15,597 (2024)

Features and amenities

  • Amenities:Cable Available, High Speed Internet

Parking

  • Total parking spaces:8
  • Parking description:On Street, Parking Pad

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