19,498 sqft

$475,000

500 S 8TH Street, Quincy IL, 62301

Price per sqft$24.36

Built in1900

Property size19,498 sqft

Property typeCommercial

Courtesy of Happel, Inc., REALTORS, Listing Contact:

Overview

Active

Listed Aug 11, 2026

Updated Aug 15

Prime Downtown Redevelopment Opportunity! Unlock the potential of this nearly 20,000 sq. ft. property, ideally located in the heart of the thriving downtown district and just steps from restaurants, shopping, nightlife, and entertainment. Priced significantly below a recent appraisal, this property offers an exceptional opportunity for an investor, developer, or entrepreneur ready to bring a vision to life. The main floor features an established commercial/event space that provides an excellent foundation for continued use or future redevelopment. One apartment has been completely renovated and is ready to go, while the remainder of the residential space has been gutted and is ready to be refinished and reimagined into another 10 units. With substantial space, a prime location, and endless possibilities for residential, commercial, or mixed-use development, this property offers the opportunity to create something truly special in the heart of downtown. Whether you’re looking to build a unique rental portfolio, create additional residential units, expand commercial space, or develop a one of a kind mixed use destination, 500 S. 8th Street is a blank canvas with incredible potential.

Additional information

MLS^® ID: CA1045742

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.37 Acres

Other Property Details

Taxes: $6,340
Tax Frequency: Annually

Listings courtesy of RMLS Alliance as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 3:59 AM UTC on 8/15/2026. 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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