500 S 8TH ST, Quincy, IL 62301
500 S 8TH ST, Quincy, IL 62301
500 S 8TH ST, Quincy, IL 62301
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Melissa Sullivan • Happel, Inc., REALTORS
$475,000
Est. payment /mo
19,498 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 19,498 sqft

Price per Sqft $24

MLS Listing ID CA1045742

Year Built 1900

Annual Tax Amount $6,340

Tax Year 2025

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 159.x101

Property Sub-Type Commercial

Source rmlsa

Property Description

Prime Downtown Redevelopment Opportunity! Unlock the potential of this nearly 20,000 sq. ft. property, ideally located in the heart of the thriving downtown district and just steps from restaurants, shopping, nightlife, and entertainment. Priced significantly below a recent appraisal, this property offers an exceptional opportunity for an investor, developer, or entrepreneur ready to bring a vision to life. The main floor features an established commercial/event space that provides an excellent foundation for continued use or future redevelopment. One apartment has been completely renovated and is ready to go, while the remainder of the residential space has been gutted and is ready to be refinished and reimagined into another 10 units. With substantial space, a prime location, and endless possibilities for residential, commercial, or mixed-use development, this property offers the opportunity to create something truly special in the heart of downtown. Whether you're looking to build a unique rental portfolio, create additional residential units, expand commercial space, or develop a one of a kind mixed use destination, 500 S. 8th Street is a blank canvas with incredible potential.

Location

State IL

County Adams

Area Quincy

Zoning Commercial

Direction SW corner of 8th and State

Interior

Heating Electric, Forced Air, Natural Gas

Cooling Central Air, Multi Units, Wall/Window Unit(s)

Flooring Carpet, Tile

Fireplace N

Exterior

View true

Roof Type Rolled/Hot Mop

Total Parking Spaces 21

Garage 1

Building

Faces SW corner of 8th and State

Sewer Public Sewer

Structure Type Brick,Frame

Others

Tax ID 23-2-0293-000-00

Read Less Info

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.

NEARBY SCHOOLS & PROPERTIES

Shelley Berendt

Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from The Real Estate Group Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

500 S 8TH ST

Buyer Services

We're here to help you find the home of your dreams. With a team of experts guiding you every step of the way, our extensive knowledge and experience will ensure you have the best home buying experience possible.

Seller Services

We take the stress out of selling your home by providing a seamless experience from start to finish. Our team will put you in the best position to market your home and sell it for the highest possible price.

QUICK SEARCH