500 S 8th Street, Quincy, IL 62301
Local realty services provided by:CENTURY 21 Tucker Swanson
500 S 8th Street,Quincy, IL 62301
$475,000
- - Beds
- - Baths
- 19,498 sq. ft.
- Multi-family
- Active
Listed by: melissa sullivan
Office: happel, inc., realtors
MLS#:CA1047253
Source:IL_CAAR
Price summary
- Price:$475,000
- Price per sq. ft.:$24.36
About this home
Prime Downtown Redevelopment Opportunity! Unlock the potential of this nearly 20,000 sq. ft. property, ideally located in the heart of the thriving downtown district and just steps from restaurants, shopping, nightlife, and entertainment. Priced significantly below a recent appraisal, this property offers an exceptional opportunity for an investor, developer, or entrepreneur ready to bring a vision to life. The main floor features an established commercial/event space that provides an excellent foundation for continued use or future redevelopment. One apartment has been completely renovated and is ready to go, while the remainder of the residential space has been gutted and is ready to be refinished and reimagined into another 11 units. With substantial space, a prime location, and endless possibilities for residential, commercial, or mixed-use development, this property offers the opportunity to create something truly special in the heart of downtown. Whether you’re looking to build a unique rental portfolio, create additional residential units, expand commercial space, or develop a one of a kind mixed use destination, 500 S. 8th Street is a blank canvas with incredible potential. City of Quincy Downtown TIF redevelopment grant funds still available for this location....
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Home facts
- Year built:1900
- Subdivision & Development:None
- Listing ID #:CA1047253
- Added:4 day(s) ago
- Updated:October 25, 2026 at 03:18 AM
Rooms and interior
- Basement Description:Full, Unfinished
- Living area:19,498 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Forced Air, Gas
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1900
- Building area:19,498 sq. ft.
- Lot area:0.37 Acres
- Construction Materials:Brick
Schools
- High school:Quincy School District #172
- Middle school:Quincy JR High
Utilities
- Water:Public
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$24.36
- Tax amount:$6,340 (2025)
Parking
- Total parking spaces:21
- Parking description:On Street
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