528 S 9th Street

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528 S 9th Street

Quincy, IL 62301
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Quincy
  • Asset contains five individual residential rental units
  • Located at 528 S 9th Street in the 62301 ZIP code
  • Property situated within the regional commerce hub of Adams County
  • Well-suited for investors targeting the Illinois residential market

What's Special

This multifamily asset consists of a five-unit apartment building located at 528 S 9th Street in Quincy, Illinois. Situated within the historic river city of Quincy, this property benefits from the stable economic environment of Adams County, which serves as a regional hub for commerce and manufacturing. The location provides connectivity to major thoroughfares, offering residents convenient access to local services and regional employers. As a residential income-producing property, this apartment building is well-positioned for investors looking to expand their portfolio within a stable Midwestern market. The scale of the property allows for efficient management while maintaining consistent occupancy potential in a community defined by its steady demographic profile. With its functional layout and centralized urban positioning, this asset remains a viable prospect for those seeking long-term residential holdings in a classic Illinois submarket.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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