640 S 5TH Street, Quincy, IL 62301
Adams County
Key Facts
Description
Great opportunity and great price for such a large commercial building (over 10,000sf) located near downtown. This mixed use building could have many uses and current zoning of M1 Light Industrial makes it open for a lot of things. Currently used as a dance studio taking the majority of the space it is also rented to a yoga studio and a few musical bands. If the main floor wasn't enough space there is a great basement with taller ceilings. Heating and air approximately 11 years old.
Property Information
Property Type
Commercial Sale
Year Built
1950
Living Area
10,164 sq ft
Lot Dimensions
85.45x119.09x84.73x119.81
Zoning
Industrial
Days on Market
4
MLS® Listing#
CA1044525
Property Features
Cooling
Heating
Flooring
Lot Features
Construction
Roof
Sewer
Water Source
Financial Details
HOA
Yes
Annual Taxes
$5,032
Tax year 2025
Parcel Number
23-2-0262-003-00
Directions
NW corner of 5th and Payson Ave
Affordability Calculator
$69,800
Estimated monthly payment
$1,858/mo
Principal $279,200 · Est. interest $389,509 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Quincy, IL
- $204,762
- Median Listing Price
- 53
- Median Days on Market
- 1,758
- Median Sq Ft
- $122
- Median Price / Sq Ft
- 108
- Active Listings
- This home’s price is 70% above the area median.
- Its price per sq ft is 72% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Quincy, IL.
Location
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Points of Interest in Quincy, IL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 640 N 12TH Street, Quincy, IL | $244,900 | — | — | 3,598 |
| 5200 COLUMBUS Road, Quincy, IL | $249,000 | — | — | 1,788 |
| 2808 JOYCE Road, Quincy, IL | $249,900 | 3 | 2 | 1,346 |
| 4804 ELM Street, Quincy, IL | $249,900 | 2 | 2 | 1,520 |
| 1635 VERMONT Street, Quincy, IL | $250,000 | — | — | 2,220 |
| 5128 Ri Dora Drive, Quincy, IL | $254,000 | 3 | 2 | 1,125 |
Moving Cost Estimate
EXIT Agents in Quincy
Listing Courtesy: Mays LLC REALTORS - Phone: 217-228-3100
Presented by: Joe Mays