Investor opportunity! This 4-plex offers $2,200/month in gross rents with additional upside potential. Garages could generate extra income if rented separately as storage units. A solid multi-unit property with multiple potential revenue streams.
For sale
Price cut: $10.1K (7/10)
$154,900
537 Locust St, Quincy, IL 62301
5beds
4baths
3,780sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$41/sqft
$-- HOA
What's special
- 124 days
- 303
- 14
Zillow last checked:
Listing updated:
Listed by:
Jeremy D Farlow Office:217-641-2995,
Farlow Real Estate Experts
Source: RMLS Alliance as distributed by MLS GRID,MLS#: CA1043663
Originating MLS: Capital Area Association of Realtors
Originating MLS: Capital Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Water Heater
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 3,780
- Total interior livable area: 3,780 sqft
Property
Parking
- Total spaces: 4
- Parking features: Alley Access, Detached
Lot
- Size: 0.29 Acres
- Dimensions: 195 x 64
- Features: Level
Details
- Parcel number: 237089200000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Other
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: $41/sqft
- Tax assessed value: $84,180
- Annual tax amount: $1,986
- Date on market: 5/12/2026
- Cumulative days on market: 125 days
Estimated market value
Not available
Estimated sales range
Not available
$1,207/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Price change | $154,900-6.1%$41/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #CA1043663 Report a problem | ||
| 6/6/2026 | Price change | $165,000-8.3%$44/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1043663 Report a problem | ||
| 5/12/2026 | Listed for sale | $180,000+0.3%$48/sqft |
Source: RMLS Alliance as distributed by MLS GRID #CA1043663 Report a problem | ||
| 7/31/2025 | Listing removed | $179,500$47/sqft |
Source:  MARIS #25012953 Report a problem | ||
| 5/15/2025 | Price change | $179,500-5.5%$47/sqft |
Source: MARIS #25012953 Report a problem | ||
| 3/11/2025 | Listed for sale | $190,000+182.1%$50/sqft |
Source: MARIS #25012953 Report a problem | ||
| 6/15/2017 | Sold | $67,357-9.6%$18/sqft |
Source:  MRED as distributed by MLS GRID #12245445 Report a problem | ||
| 5/15/2013 | Sold | $74,500-12.4%$20/sqft |
Source: Agent Provided Report a problem | ||
| 3/20/2013 | Listed for sale | $85,000+34.9%$22/sqft |
Source: Davis & Frese Inc. Realtors Report a problem | ||
| 10/10/2008 | Sold | $63,000$17/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,830 +6.2% | $28,060 +7.8% |
| 2023 | $1,722 +5.8% | $26,030 +7.1% |
| 2022 | $1,628 -0.8% | $24,300 +2.1% |
| 2021 | $1,641 +2% | $23,810 +2% |
| 2020 | $1,609 +2.8% | $23,340 +1.9% |
| 2019 | $1,566 +0.8% | $22,900 +2% |
| 2018 | $1,553 -20.7% | $22,450 -21.9% |
| 2017 | $1,959 +1.9% | $28,750 +4.2% |
| 2016 | $1,923 -100% | $27,580 |
| 2015 | $18,471,200 +999164.3% | $27,580 +3.4% |
| 2012 | $1,848 | $26,670 +0% |
| 2011 | $1,848 -20.3% | $26,660 -21.6% |
| 2009 | $2,320 +13.2% | $34,000 |
| 2008 | $2,050 +1.7% | $34,000 +5% |
| 2007 | $2,016 | $32,370 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 62301
Nearby schools
Schools provided by the listing agent
- Elementary: Iles
- Middle: Quincy JR High
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.
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