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    500 S 8TH ST, Quincy, IL 62301
    500 S 8TH ST, Quincy, IL 62301
    500 S 8TH ST, Quincy, IL 62301
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    Brandi Griswold

    Brandi Griswold

    +1(217) 242-3641
    Listed by Melissa Sullivan • Happel, Inc., REALTORS
    $475,000
    Est. payment /mo
    19,498 SqFt
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    UPDATED:

    Key Details

    Property Type Single Family Home, Multi-Family

    Sub Type Residential Income

    Listing Status Active

    Purchase Type For Sale

    Square Footage 19,498 sqft

    Price per Sqft $24

    MLS Listing ID CA1047253

    Year Built 1900

    Annual Tax Amount $6,340

    Tax Year 2025

    Lot Size 0.370 Acres

    Acres 0.37

    Lot Dimensions 159x101

    Property Sub-Type Residential Income

    Source rmlsa

    Property Description

    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.

    Location

    State IL

    County Adams

    Area Quincy

    Direction SW Corner of 8th and State St.

    Rooms

    Basement Full, Unfinished

    Interior

    Heating Electric, Forced Air, Gas

    Cooling Central Air

    Fireplace N

    Exterior

    View true

    Roof Type Composition

    Total Parking Spaces 21

    Garage 1

    Building

    Lot Description Level

    Faces SW Corner of 8th and State St.

    Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1422265Group_1\"},{\"UnitTypeBedsTotal\":0,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"0\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1422265Group_2\"},{\"UnitTypeBedsTotal\":0,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"0\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1422265Group_3\"},{\"UnitTypeBedsTotal\":0,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"0\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":0,\"RMA_NumberParking\":\"0\",\"RMA_NumberUncovered\":\"0\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1422265Group_4\"}]

    Water Public Sewer, Public

    Structure Type Brick

    New Construction false

    Schools

    Middle Schools Quincy Jr High

    High Schools Quincy School District #172

    Others

    Tax ID 23-2-0293-000-00

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    Brandi Griswold

    Brandi Griswold

    +1(217) 242-3641

    Agent License ID: 475.123780

    Agent License ID: 475.123780

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