Attention Investors, Flippers, and Visionaries! Great Potential in Quincy!
Looking for your next rewarding project? This 2-bedroom, 1-bathroom home within Quincy city limits is a blank canvas just waiting for the right buyer to bring it back to life. Whether you are looking to renovate and flip, build equity as a handy homeowner, or create a valuable addition to your rental portfolio, this property offers incredible upside.
Key Features & Project Highlights:
Blank Canvas Interior: The entire front of the home has already been gutted, saving you massive demolition time and expense. It is completely ready for your custom framing, layout, mechanicals, and finishes.
Layout: Current footprint is framed for a 2-bedroom, 1-bathroom configuration.
Expansion Potential: Situated on a generous lot, the property's footprint allows ample room for a physical expansion. If you want to maximize value, there is plenty of space to build out and convert this structure into a highly desirable 3-bedroom, 2-bathroom home.
Contractor Special / As-Is Sale:
Please note, this home is being sold strictly As-Is and requires extensive structural rehabilitation. The property has significant deferred maintenance, including a shifting/sinking floor section toward the rear of the structure that will require foundation remediation.
Bring your contractor, your tools, and your creative vision to unlock the true equity potential of this property. Cash or specialized construction/rehabilitation financing only. Schedule your showing today to explore the possibilities!
For sale by owner
Price cut: $5K (6/4)
$35,000
720 Payson Ave, Quincy, IL 62301
2beds
1,139sqft
SingleFamily
Built in 1877
4,356 Square Feet Lot
$-- Zestimate®
$31/sqft
$-- HOA
What's special
Generous lot
- 29 days |
- 453 |
- 7 |
Listed by:
Property Owner (217) 653-7548
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Electric, Gas
Cooling
- Central
Features
- Basement: Crawl Space
Interior area
- Total interior livable area: 1,139 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage - Detached
Features
- Exterior features: Vinyl
- Has view: Yes
- View description: City
Lot
- Size: 4,356 Square Feet
Details
- Parcel number: 232083600000
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1877
Utilities & green energy
- Sewer: City
Community & HOA
Location
- Region: Quincy
Financial & listing details
- Price per square foot: $31/sqft
- Tax assessed value: $24,510
- Annual tax amount: $533
- Date on market: 6/3/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,189/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Price change | $35,000-12.5%$31/sqft |
Source: Owner Report a problem | ||
| 6/3/2026 | Listed for sale | $40,000+18%$35/sqft |
Source: Owner Report a problem | ||
| 2/28/2024 | Listing removed | -- |
Source: | ||
| 1/12/2024 | Price change | $33,900-8.1%$30/sqft |
Source: | ||
| 12/22/2023 | Price change | $36,900-7.8%$32/sqft |
Source: | ||
| 11/22/2023 | Listed for sale | $40,000-13%$35/sqft |
Source: | ||
| 3/26/2019 | Listing removed | $46,000$40/sqft |
Source: Happel Inc., Realtors� #197673 Report a problem | ||
| 3/21/2019 | Listed for sale | $46,000+17.5%$40/sqft |
Source: Happel Inc., Realtors� #197673 Report a problem | ||
| 1/3/2013 | Sold | $39,150-13%$34/sqft |
Source: Public Record Report a problem | ||
| 9/27/2012 | Listing removed | $45,000$40/sqft |
Source: Leo Zanger #187916 Report a problem | ||
| 6/6/2012 | Listed for sale | $45,000$40/sqft |
Source: Leo Zanger #187916 Report a problem | ||
| 5/1/2012 | Listing removed | $45,000$40/sqft |
Source: Leo Zanger #187916 Report a problem | ||
| 4/24/2012 | Listed for sale | $45,000$40/sqft |
Source: Leo Zanger #187916 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $533 -22.6% | $8,170 -50.2% |
| 2023 | $689 +10.3% | $16,410 +7.1% |
| 2022 | $625 +0.6% | $15,320 +2.1% |
| 2021 | $621 +7.8% | $15,010 +4.6% |
| 2020 | $576 +2.8% | $14,350 +1.1% |
| 2019 | $560 +2.2% | $14,190 +1.9% |
| 2018 | $548 +3.4% | $13,920 +1% |
| 2017 | $530 +16% | $13,780 +11% |
| 2016 | $457 -100% | $12,420 |
| 2015 | $42,030,000 +23496097% | $12,420 +114.9% |
| 2012 | $179 | $5,780 |
| 2011 | $179 +1.6% | $5,780 -9.3% |
| 2009 | $176 -0.6% | $6,370 |
| 2008 | $177 -2.7% | $6,370 +5.1% |
| 2007 | $182 | $6,060 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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
- 7/10Monroe Elementary SchoolGrades: K-5Distance: 2.8 mi
- 3/10Quincy Jr High SchoolGrades: 6-8Distance: 0.7 mi
- 2/10Quincy Sr High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Linc-Doug
- High: Quincy
Source: The MLS. 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
- 720 Payson Ave





