ClosedPrice Reduced

$259,000

$299,000
727-729 Monroe, Quincy, IL 62301
4 Beds0 Baths195 days
727-729 Monroe·Quincy, IL 62301
4Bedrooms
0Bathrooms
0Year Built
About This Home

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

MLS# 12396761Listed June 17, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms0
Full Baths5
Half Baths0

Size & Structure

Year Built0
Lot Size0.080 acres

Location

CountyAdams
Zip Code62301

Financial

List Price$259,000
Original Price$299,000
Annual Taxes (2024)$2,048
Monthly Tax Est.$171
Parcel #23-3-1756-000-00
Interior Features

Heating

Forced Air

Basement

UnfinishedFull
Exterior & Lot

Construction

StoneVinyl Siding

Roof

Metal

Patio & Porch

Porch
Utilities & Parking

Sewer

Community Sewer

Water Source

Public
Schools
Elementary
Lincoln-Douglas
High School
Quincy
Tax & Financial
Annual Taxes
$2,048
Tax Year 2024
Monthly Tax Est.
$171
per month
Price Reduced by $40,000
Original list price: $299,000
Property Location

727-729 Monroe, Quincy, IL 62301 — Adams County

$259,000
727-729 Monroe
4 bd0 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
195 days on market
0.080 acres
$2,048/yr taxes
Price reduced $40,000
$1,532
estimated monthly payment
Principal & Interest
$1,361/mo
Property Tax
$171/mo
$259,000
20% — $51,800
3%50%
6.875%
3%12%
Loan Amount
$207,200
Down Payment
$51,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Bower & Associates, Inc., REALTORS
Agent: Carol Shaffer
Similar Homes

You May Also Like

Keep Exploring

Find Your Perfect Home

Browse available listings in Quincy and across the North Shore.

Also popular on the North Shore

REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.