640 S 5TH Street, Quincy, IL 62301
Adams County
Key Facts
Description
Great opportunity and great price for such a large commercial building (over 10,000sf) located near downtown. This mixed use building could have many uses and current zoning of M1 Light Industrial makes it open for a lot of things. Currently used as a dance studio taking the majority of the space it is also rented to a yoga studio and a few musical bands. If the main floor wasn't enough space there is a great basement with taller ceilings. Heating and air approximately 11 years old.
Property Information
Property Type
Commercial Sale
Year Built
1950
Living Area
10,164 sq ft
Lot Dimensions
85.45x119.09x84.73x119.81
Zoning
Industrial
Days on Market
4
MLS® Listing#
CA1044525
Property Features
Cooling
Heating
Flooring
Lot Features
Construction
Roof
Sewer
Water Source
Financial Details
HOA
Yes
Annual Taxes
$5,032
Tax year 2025
Parcel Number
23-2-0262-003-00
Directions
NW corner of 5th and Payson Ave
Affordability Calculator
$69,800
Estimated monthly payment
$1,858/mo
Principal $279,200 · Est. interest $389,509 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Quincy, IL
- 53
- Median Days on Market
- 1,758
- Median Sq Ft
- $119
- Median Price / Sq Ft
- 108
- Active Listings
- Its price per sq ft is 71% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Quincy, IL.
Location
Points of Interest in Quincy, IL
Showing the Quincy area map.
Nearby Schools
Early Childhood
School · 0.4 mi away
Quincy Montessori School
Elementary · 0.4 mi away
Blessed Sacrament Catholic School
School · 0.5 mi away
Berrian School
School · 0.7 mi away
Quincy Notre Dame High School
Secondary · 0.8 mi away
Quincy Junior High School
Secondary · 0.9 mi away
Quincy Public School Administrative Offices
School · 1.0 mi away
St James Lutheran School
School · 1.1 mi away
Siu
School · 1.2 mi away
Adams Elementary School
Elementary · 1.4 mi away
St. Francis Solanus Parish - Quincy, Illinois
School · 1.5 mi away
Quincy Christian School
School · 1.6 mi away
Madison School
School · 1.8 mi away
St Peter School
Elementary · 1.8 mi away
Dewey Elementary School
Elementary · 1.9 mi away
New Elementary School at the Baldwin Site
Elementary · 2.3 mi away
Quincy Area Vocational Technical Center
Secondary · 2.5 mi away
Quincy Senior High School
Secondary · 2.5 mi away
Ellington Elementary School
Elementary · 2.5 mi away
Lincoln-Douglas Elementary School
Elementary · 3.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 640 N 12TH Street, Quincy, IL | $244,900 | — | — | 3,598 |
| 5200 COLUMBUS Road, Quincy, IL | $249,000 | — | — | 1,788 |
| 2808 JOYCE Road, Quincy, IL | $249,900 | 3 | 2 | 1,346 |
| 4804 ELM Street, Quincy, IL | $249,900 | 2 | 2 | 1,520 |
| 5128 Ri Dora Drive, Quincy, IL | $254,000 | 3 | 2 | 1,125 |
| 4417 Cedar Ridge Drive, Quincy, IL | $254,900 | 2 | 2 | 1,429 |
Moving Cost Estimate
EXIT Agents in Quincy
Listing Courtesy: Mays LLC REALTORS - Phone: 217-228-3100
Presented by: Joe Mays
481012755