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8,448 sqft

$700,000

400 S 7TH Street, Quincy IL, 62301

Price per sqft$82.86
Built in2013
Property size8,448 sqft
Property typeResidential
Courtesy of Davis & Associates, REALTORS, Listing Contact:

Overview

Active

Listed Oct 7, 2026

Updated 9h ago

Fully occupied 8-unit multifamily investment property built in 2013 with current gross rental income of $7,100/month ($85,200 annually). Seven units rent for $900, and one for $800. All Units feature open floor plans, 2 bedrooms and 1 bath, as well as in-unit washer/dryer hookups. Tenants pay all utilities except garbage. Numerous updates have been completed throughout the units, including flooring, appliances, and bathroom improvements. Each unit has its own furnace, central cooling, and electric water heater. Property includes sprinkler systems, one private off-street parking space per unit, plus additional off-street parking. An established income-producing property with strong amenities and tenant appeal. Interior photos submitted by seller.

$4,657/mo

Est. mortgage payment based on a $700,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$15,597
Tax Frequency
Annually
Maintenance Expense
$600
55+/Senior Community
No
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Listings courtesy of RMLS Alliance as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 4:05 AM UTC on 10/10/2026. 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.

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