$190,000

537 Locust St Quincy, IL 62301

$2,256
Closing credit¹
0.3 acres
Multi-Family

Property details

About 537 Locust St

Don't miss this fantastic investment property on Locust Street in Quincy! This 4-unit apartment building offers excellent income potential with one tenant already in place on a month-to-month lease that would like to stay. Each unit has been updated with fresh paint and new flooring, making them move-in ready for future tenants. The property features a gravel lot behind the building for convenient tenant parking, along with a detached garage for additional storage or potential rental income. Whether you're a seasoned investor or looking to start your rental portfolio, this property offers immediate rental income potential with room to grow! Schedule a showing today to explore this fantastic opportunity. Listing agent accompanied showings. Please provide 48 hour notice to notify tenants. Package pricing offered for any combination of 721 Center, Hannibal; 1001 Bird, Hannibal; 504 Broadway, Hannibal; 640 N. 12th, Quincy; 537 Locust, Quincy.

Highlights

Home typeMulti Family
HeatingForced Air
StatusActive
CoolingElectric
Lot size0.29 Acres
ParkingOff Street, On Street
MLS #25012953

Summary

  • MLS Number: 25012953
  • MLS Name: MARIS
  • Office Name: Prestige Realty, Inc

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 12:53:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

traditional style home featuring covered porch and a front lawn

$190,000

537 Locust St

$2,256

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 16, 2017
Home Sold
$67,500
Oct 10, 2008
Home Sold
$63,000

Tax history

YearAssessmentProperty Tax
2023$26,030$1,722
2022$24,300$1,652
2021$23,810$1,640
2020$23,340$1,609
2019$22,900$1,566
2017$28,750$1,959

History based on county public records data.

Nearby schools

6

Iles Elementary School

Public District KG-5

1.4 mi

3111 N 12th St

5

Thomas S Baldwin Elementary School

Public District KG-5

2.6 mi

3000 Maine St

4

Rooney Elementary School

Public District KG-5

3.7 mi

4900 Columbus Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,526. Typical income of Quincy, IL residents is less than $<35k annually. Typical family type is single, with kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

70%
<35k
21%
35k-100k
9%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

33%
Single, No Kids
37%
Single, with Kids
16%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
7%
18-34 yrs old
14%
35-64 yrs old
72%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • BurlingtonBurlington
  • Big LotsBig Lots
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 537 Locust St in Quincy, IL and zip code 62301. Features: 0 bathroom. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $190,000.

While more than 8 listings in Quincy, IL in February 2025 were sold above asking price, there were more than 13 listings sold at asking price, and more than 19 were sold below. Between January and February 2025, Quincy, IL real estate market has seen increase in the number of listings by 3.8%. In February 2025 median list price was $168,026 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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