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Sold for $16,000
  • $16,000

    525 College Ave #527, Quincy, IL 62301

    4beds
    2baths
    1,109sqft
    Multi Family, Duplex
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $14/sqft
    $965 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $965/mo

    Zestimate® history
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    What's special

    Updated roofMirror-flipped designsWell-maintained layoutWelcoming covered front porchWall-mounted gas heatersBaseboard heaters
    Income-generating duplex with an additional lot included! This 2-unit property at 525-527 College has long-term tenants in place, with Unit 525 occupied for 4+ years and Unit 527 for over 12 years. Each spacious unit offers a well-maintained layout, with mirror-flipped designs to centralize plumbing along the shared wall. Heating is provided by wall-mounted gas heaters, with baseboard heaters as a backup. While most updates are cosmetic in nature, the property benefits from an updated roof (year unknown) and a welcoming covered front porch for outdoor enjoyment. The additional lot at 523 College offers exciting potential for future development or added value. An excellent investment with steady rental income of $800/month, appealing to both seasoned and new investors! 523 College is an empty lot 23-5-0716-000-00, taxes are approx $60 year. (This offering can be purchased in a package deal to include 519 College - a neighboring lot)

    Zillow last checked:

    Listing updated:

    Listed by:

    Jacquelyn Weisenburger Office:217-224-8383,

    Happel, Inc., REALTORS

    Bought with:

    Sherry Hills, 475135126

    Happel, Inc., REALTORS

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1032812MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Baseboard
    Appliances
    • Included: Water Heater
    • Laundry: Units Hook-Ups
    Features
    • Basement: Cellar
    Interior area
    • Total structure area: 1,109
    • Total interior livable area: 1,109 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 3,920 Square Feet
    • Dimensions: 40 x 100
    • Features: Level
    Details
    • Parcel number: 235071700000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Duplex
    Materials
    • Stucco, Vinyl Siding
    • Roof: Shingle
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Quincy

    Financial & listing details

    • Price per square foot: $14/sqft
    • Tax assessed value: $27,030
    • Annual tax amount: $554
    • Date on market: 10/31/2024
    • Cumulative days on market: 167 days
    • Lease term: Month To Month
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    4/29/2025Sold$16,000-40.7%$14/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1032812 Report a problem
    4/17/2025Contingent$27,000$24/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1032812 Report a problem
    3/31/2025Price change$27,000-16.9%$24/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1032812 Report a problem
    1/7/2025Price change$32,500-17.7%$29/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1032812 Report a problem
    12/2/2024Price change$39,500-12.2%$36/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1032812 Report a problem
    10/31/2024Listed for sale$45,000$41/sqft
    Source: RMLS Alliance as distributed by MLS GRID #CA1032812 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$588 +6.2%$9,010 +7.8%
    2023$553 +5.7%$8,360 +7%
    2022$523 -0.7%$7,810 +2.1%
    2021$527 +1.9%$7,650 +2%
    2020$517 +11.2%$7,500 +10.3%
    2019$465 +0.8%$6,800 +1.9%
    2018$462 +2.6%$6,670 +1.1%
    2017$450 +1.9%$6,600 +4.3%
    2016$441 -100%$6,330
    2015$42,374,000 +9985761%$6,330 +3.4%
    2012$424 $6,120
    2011$424 -23%$6,120 -24.3%
    2009$551 +4.3%$8,080
    2008$529 +1.6%$8,080 +4.9%
    2007$520 $7,700
    Find assessor info on the county website

    Neighborhood: 62301

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rooney

    Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.