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. Unit 622 is currently vacant but will be rented this week on a 1-year lease ($360 every 2 weeks), while Unit 624 is already 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.
© Copyright 2025 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than Happel Inc., Realtors are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The offer is made only to Participants of the MLS where the listing is filed.
The RMLS data on this page was last updated on Friday, April 4th, 2025.
Listed by: Happel, Inc., REALTORS Office: 217-224-8383
Data services provided by IDX Broker
View full listing details | Price: | $140,000 |
| Address: | 622-624 Madison Street |
| City: | Quincy |
| County: | Adams |
| State: | Illinois |
| Zip Code: | 62301 |
| Subdivision: | None |
| MLS: | CA1033789 |
| Square Feet: | 2,414 |
| Acres: | 0.22 |
| Lot Square Feet: | 0.22 acres |
| roof: | Shingle |
| heating: | Gas, Gas Water Heater, Window Unit(s) |
| taxYear: | 2023 |
| basement: | Daylight, Full |
| leaseTerm: | One Year or Less |
| mlsStatus: | Pending Continue to Show |
| agentOwned: | no |
| directions: | Between Monroe & Jefferson on Madison St. 622-624 Madison |
| highSchool: | Quincy School District #172 |
| lvtDateMLS: | 2025-01-06 |
| tenantPays: | Gas & Electric, Water |
| grossIncome: | 18200 |
| lotFeatures: | Level |
| repossessed: | no |
| saleRentMLS: | For Sale |
| waterSource: | Public Sewer, Public |
| 100YearPlain: | No |
| mlsAreaMinor: | Quincy |
| parcelNumber: | 23-2-1386-000-00 |
| parkingTotal: | 4 |
| pricePerSqFt: | 58 |
| structureType: | Duplex |
| documentsCount: | 2 |
| numberOfRanges: | 2 |
| searchPriceMLS: | 140000 |
| laundryFeatures: | Units Hook-Ups |
| listOfficePhone: | 217-224-8383 |
| managerOnSiteYN: | no |
| parkingFeatures: | Alley Access, On Street |
| roadSurfaceType: | Alley |
| statusDetailMLS: | 1 |
| taxAnnualAmount: | 1506 |
| currentFinancing: | Cash Only, Conventional |
| elementarySchool: | Lincoln-Douglas |
| listingAgreement: | Exclusive Right To Sell |
| taxExemptionsMLS: | None |
| firstPhotoAddDate: | 2025-01-06T21:50:56.5 |
| foundationDetails: | Stone |
| lotSizeDimensions: | 50x188 |
| newConstructionYN: | no |
| numberOfGasMeters: | 2 |
| seniorCommunityYN: | no |
| disclosedShortSale: | N |
| documentsAvailable: | None Available |
| netOperatingIncome: | 16694 |
| numberOfUnitsTotal: | 2 |
| agentRelatedToOwner: | no |
| confidentialListing: | MLS Listing |
| listingContractDate: | 2025-01-06T00:00:00+00:00 |
| numberofWaterMeters: | 2 |
| taxLegalDescription: | LOT 15 BLK 111 WOODS SURVEY LOTS 14 & 15 |
| grossScheduledIncome: | 18200 |
| numberOfHeatingUnits: | 2 |
| numberOfWaterHeaters: | 2 |
| purchaseContractDate: | 2025-01-31T00:00:00+00:00 |
| solicitingFromBuyers: | no |
| constructionMaterials: | Other, Vinyl Siding |
| numberofRefrigerators: | 2 |
| statusChangeTimestamp: | 2025-02-03T00:00:00+00:00 |
| addressSearchNumberMLS: | 622 |
| numberOfElectricMeters: | 2 |
| listingVisibilityTypeMLS: | MLS Listing |
| operatingRecordingDevice: | None |
| agentIsDesignatedManagingBroker: | no |
