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For sale by owner
  • Price cut: $5K (6/4)
    $35,000

    720 Payson Ave, Quincy, IL 62301

    2beds
    1,139sqft
    : 
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    SingleFamily
    Built in 1877
    4,356 Square Feet Lot
    $-- Zestimate®
    $31/sqft
    $-- HOA

    What's special

    Generous lot
    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!
    29 days
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    453
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    7
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    Listed by:

    Property Owner (217) 653-7548

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      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

        DateEventPrice
        6/4/2026Price change$35,000-12.5%$31/sqft
        Source: Owner Report a problem
        6/3/2026Listed for sale$40,000+18%$35/sqft
        Source: Owner Report a problem
        2/28/2024Listing removed--
        Source: RMLS Alliance as distributed by MLS GRID #CA1026146 Report a problem
        1/12/2024Price change$33,900-8.1%$30/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1026146 Report a problem
        12/22/2023Price change$36,900-7.8%$32/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1026146 Report a problem
        11/22/2023Listed for sale$40,000-13%$35/sqft
        Source: RMLS Alliance as distributed by MLS GRID #CA1026146 Report a problem
        3/26/2019Listing removed$46,000$40/sqft
        Source: Happel Inc., Realtors� #197673 Report a problem
        3/21/2019Listed for sale$46,000+17.5%$40/sqft
        Source: Happel Inc., Realtors� #197673 Report a problem
        1/3/2013Sold$39,150-13%$34/sqft
        Source: Public Record Report a problem
        9/27/2012Listing removed$45,000$40/sqft
        Source: Leo Zanger #187916 Report a problem
        6/6/2012Listed for sale$45,000$40/sqft
        Source: Leo Zanger #187916 Report a problem
        5/1/2012Listing removed$45,000$40/sqft
        Source: Leo Zanger #187916 Report a problem
        4/24/2012Listed for sale$45,000$40/sqft
        Source: Leo Zanger #187916 Report a problem

        Public tax history

        YearProperty taxesTax 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

        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

        Getting around

        80 / 100
        Very Walkable
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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.

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