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: $15K (6/6)
$165,000
537 Locust St, Quincy, IL 62301
5beds
4baths
3,780sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$44/sqft
$-- HOA
What's special
- 31 days |
- 521 |
- 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

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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: $44/sqft
- Tax assessed value: $84,180
- Annual tax amount: $1,986
- Date on market: 5/12/2026
- Cumulative days on market: 33 days
Estimated market value
Not available
Estimated sales range
Not available
$1,623/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Price change | $165,000-8.3%$44/sqft |
Source: | ||
| 5/12/2026 | Listed for sale | $180,000+0.3%$48/sqft |
Source: | ||
| 7/31/2025 | Listing removed | $179,500$47/sqft |
Source: | ||
| 5/15/2025 | Price change | $179,500-5.5%$47/sqft |
Source: | ||
| 3/11/2025 | Listed for sale | $190,000+182.1%$50/sqft |
Source: | ||
| 6/15/2017 | Sold | $67,357-9.6%$18/sqft |
Source: | ||
| 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 | $32,370 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 62301
Nearby schools
GreatSchools rating
- 5/10Dewey Elementary SchoolGrades: K-5Distance: 1.4 mi
- 3/10Quincy Jr High SchoolGrades: 6-8Distance: 1.5 mi
- 2/10Quincy Sr High SchoolGrades: 9-12Distance: 2.8 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Adams County
- Quincy
- 62301
- 537 Locust St







