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1100 Payson Avenue

QUINCY, IL 62301
  • $118,000
  • STATUS: Closed
  • ON SITE: 218 Days
  • ID#: CA1038389
Sold - 02/25/2026
$118,000
SOLD - 02/25/2026
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Middle School:

Description

Excellent South Side investment opportunity! This income-producing 2-unit property sits on a desirable corner lot with an oversized backyard, offering both appeal and potential. The lower unit is now vacant, creating an ideal opportunity for an owner-occupant or investor to place a new tenant at market rent. Previously fully rented, the property generated $1,550 per month in income, offering solid return potential. The upper unit has been recently refreshed, while utilities are separately metered for gas and electricity, with tenants responsible for all utilities except water. The lower unit features central air for added comfort, and a seller-owned washer and dryer are included. A great opportunity to invest, occupy, or add value at a newly adjusted price. First-floor photos submitted from when unoccupied. Upstairs tenant requires 24 hr. notice.

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2026-03-15T08:44:48.573.
www.brysonsmithteam.com/homes/166729860
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1100 Payson Avenue QUINCY, IL 62301

  • Price: $132,500
  • Status: Closed
  • On Site: 218 Days
  • Updated: 72 min ago
  • ID#: CA1038389
0
Beds
0
Baths
0
½ Baths
0.2
Acres
Neighborhood:
None
County:
Adams
Area:
Quincy
Middle School:
Quincy Jr High
High School:
Quincy School District #172
Property Description
Excellent South Side investment opportunity! This income-producing 2-unit property sits on a desirable corner lot with an oversized backyard, offering both appeal and potential. The lower unit is now vacant, creating an ideal opportunity for an owner-occupant or investor to place a new tenant at market rent. Previously fully rented, the property generated $1,550 per month in income, offering solid return potential. The upper unit has been recently refreshed, while utilities are separately metered for gas and electricity, with tenants responsible for all utilities except water. The lower unit features central air for added comfort, and a seller-owned washer and dryer are included. A great opportunity to invest, occupy, or add value at a newly adjusted price. First-floor photos submitted from when unoccupied. Upstairs tenant requires 24 hr. notice.
Exterior Features

Construction Materials Vinyl Siding Parking Features On Street Parking Total 2 Roof Shingle

Interior Features

Basement FullUnfinished Building Area Total 2210 Cooling Central AirNone Heating ElectricForced AirNatural Gas Number Of Central Air Units 1 Number Of Dishwashers 0 Number Of Dryers 1 Number Of Electric Meters 2 Number Of Gas Meters 2 Number Of Heating Units 2 Number Of Ranges 2 Number Of Washers 1 Number Of Water Heaters 2 Numberof Refrigerators 2

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Gross Income 18600 Gross Scheduled Income 18600 Insurance Expense 1350 Lease Term Variable Lot Features Corner Lot Lot Size Dimensions 41x212 Manager On Site YN No Net Operating Income 12374 New Construction YN No Number Of Water Meters 1 Number Of Window Units 0 Operating Expense 4110 Repossessed No Structure Type Two or More Story Tax Annual Amount 2115.96 Tax Legal Description Lot 11 Blk 83 Woods Survey Lot 11 Tax Year 2024 Trash Expense 0 Type Residential Income Virtually Stage YN No Water Source Public SewerPublic Zoning R2

Listing provided courtesy of Bobette Cawthon of Davis & Associates, REALTORS: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2026-03-15T08:44:48.573.
 
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Bryson Smith Team | Keller Williams Premier Realty
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