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622-624 Madison Street

QUINCY, IL 62301
  • $140,000
  • STATUS: Active Under Contract
  • ON SITE: 32 Days
  • ID#: CA1033789
Under Contract
UPDATED: 63 min ago
$140,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Elementary School:

Description

Attention investors! This well-maintained duplex at 622-624 Madison offers a fantastic opportunity. Each unit features 3 bedrooms, 1.5 bathrooms, and convenient laundry hookups. 622 is leased at $910 a month & Unit 624 is leased ($340 every 2 weeks). The property boasts off-street parking with two spots per unit accessible via the alley. Recent updates include a roof installed around 2021, ensuring peace of mind for years to come. All utilities are separate, including water, adding convenience for tenants. Pride of ownership is evident throughout this property, reflecting the care and attention the owner has given to this investment. Don't miss your chance to add this income-generating duplex to your portfolio! Some pics were provided by owner from the last time a unit was vacant.

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© 2025 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 Kinney Garst Sales Team | The Real Estate Group. Data last updated: 2025-02-08T16:45:15.51.
www.kinneygarst.com/homes/159227629
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622-624 Madison Street QUINCY, IL 62301

  • Price: $140,000
  • Status: Active Under Contract
  • On Site: 32 Days
  • Updated: 63 min ago
  • ID#: CA1033789
0
Beds
0
Baths
0
½ Baths
0.22
Acres
Neighborhood:
None
County:
Adams
Area:
Quincy
Elementary School:
Lincoln-Douglas
High School:
Quincy School District #172
Property Description
Attention investors! This well-maintained duplex at 622-624 Madison offers a fantastic opportunity. Each unit features 3 bedrooms, 1.5 bathrooms, and convenient laundry hookups. 622 is leased at $910 a month & Unit 624 is leased ($340 every 2 weeks). The property boasts off-street parking with two spots per unit accessible via the alley. Recent updates include a roof installed around 2021, ensuring peace of mind for years to come. All utilities are separate, including water, adding convenience for tenants. Pride of ownership is evident throughout this property, reflecting the care and attention the owner has given to this investment. Don't miss your chance to add this income-generating duplex to your portfolio! Some pics were provided by owner from the last time a unit was vacant.
Exterior Features

Construction Materials OtherVinyl Siding Parking Features Alley AccessOn Street Parking Total 4 Road Surface Type Alley Roof Shingle

Interior Features

Basement DaylightFull Building Area Total 2414 Heating GasGas Water HeaterWindow Unit(s) Laundry Features Units Hook-Ups Number Of Central Air Units 0 Number Of Electric Meters 2 Number Of Gas Meters 2 Number Of Heating Units 2 Number Of Ranges 2 Number Of Water Heaters 2 Numberof Refrigerators 2

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 18200 Gross Scheduled Income 18200 Insurance Expense 0 Lease Term One Year or Less Lot Features Level Lot Size Dimensions 50x188 Manager On Site YN No Net Operating Income 16694 New Construction YN No Number Of Water Meters 2 Operating Expense 0 Repossessed No Structure Type Duplex Tax Annual Amount 1506 Tax Legal Description LOT 15 BLK 111 WOODS SURVEY LOTS 14 & 15 Tax Year 2023 Tenant Pays Gas & ElectricWater Trash Expense 0 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Jacquelyn Weisenburger of Happel, Inc., REALTORS: Office: 217-224-8383.
© 2025 RMLS Alliance, LLC. All Rights Reserved.


© 2025 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 Kinney Garst Sales Team | The Real Estate Group. Data last updated: 2025-02-08T16:45:15.51.
 
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