Closed

$240,000

727-729 Monroe St, Quincy, IL 62301

4beds

--sqft

Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$1,116 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,116/mo

Zestimate^® history

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Owner options

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$1,116/mo

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$1,666/mo

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$1,666/mo

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What's special

Investor's Dream! Cash Flow of $3,000+ Rent! 5-Unit Complex with Expansion Potential in the attic for a 6th unit. Current tenants generate excellent rental income and fully occupied. Prime Location & Convenience for tenants with city bus and grocery store just around the corner. Extensive Updates: Major systems have been addressed over the last 10 years, including: Newer furnaces (3 units have Central A/C) Metal Roof resealed aprox 8 years ago. Separate Utilities (except Owner currently pays utilities for two units (727 1/2 and 1030). Washer/Dryer hookups in 2 units. Start Building Your Portfolio Today! Don't miss this chance to acquire a solid, income-producing asset with significant upside., Separate Electric Meters, Separate Gas Meters, Washer/Dryer Hook Up, HiSpd Intrnt Fiber Avail

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 5

Heating

Forced Air

Appliances

Included: Gas Water Heater

Features

Basement: Unfinished,Full

Property

Features

Patio & porch: Porch
Fencing: Fenced

Lot

Size: 3,484 sqft
Dimensions: 40x94

Details

Parcel number: 233175600000
Zoning: COMMR
Other equipment: Ceiling Fan(s)

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stone, Vinyl Siding
Roof: Metal

Condition

New construction: No

Utilities & green energy

Water: Public

Community & neighborhood

Location

Region: Quincy

Other

Other facts

Listing terms: Cash

Price history

Date	Event	Price
12/30/2025	Sold	$240,000-7.3%
Source: MRED as distributed by MLS GRID #12396761 Report a problem
12/1/2025	Contingent	$259,000
Source: RMLS Alliance as distributed by MLS GRID #QC4264413 Report a problem
10/22/2025	Price change	$259,000-3.7%
Source: RMLS Alliance as distributed by MLS GRID #QC4264413 Report a problem
9/9/2025	Price change	$269,000-6.9%
Source: MRED as distributed by MLS GRID #12396761 Report a problem
8/6/2025	Price change	$289,000-3.3%
Source: RMLS Alliance as distributed by MLS GRID #QC4264413 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,048 +6.2%	$31,410 +7.8%
2023	$1,928 +5.7%	$29,140 +7.1%
2022	$1,823 -0.8%	$27,210 +2%

Find assessor info on the county website

Neighborhood: 62301

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Nearby schools

GreatSchools rating

9/10
Monroe Elementary School
Grades: K-5Distance: 2.6 mi
2/10
Quincy Jr High School
Grades: 6-8Distance: 1 mi
3/10
Quincy Sr High School
Grades: 9-12Distance: 2.3 mi

Schools provided by the listing agent

Elementary: Lincoln-Douglas
High: Quincy

Source: MRED 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.