400 S 16th St

$189,000
Price
—
Beds
—
Baths
2,659 Sq. Ft.
$71 / Sq. Ft.
2,659
Sq. Ft.
$71
per Sq. Ft.

Description

This is the perfect owner occupied house hack opportunity. Live on the main floor and let the rent received from the tenant upstairs pay your mortgage. Or rent out both units and let the rent start flowing in. The main floor unit has 2 bedrooms and 2 full baths with in-unit laundry. Currently vacant, it should be rented for $950+. The upper unit is a 2 bed 1 bath currently bringing in $800 per month. Separate electric and gas meters. One water meter and the tenants reimburse the landlord for the...This is the perfect owner occupied house hack opportunity. Live on the main floor and let the rent received from the tenant upstairs pay your mortgage. Or rent out both units and let the rent start flowing in. The main floor unit has 2 bedrooms and 2 full baths with in-unit laundry. Currently vacant, it should be rented for $950+. The upper unit is a 2 bed 1 bath currently bringing in $800 per month. Separate electric and gas meters. One water meter and the tenants reimburse the landlord for the cost. This would be a great start to your investment portfolio or a great addition. Don't miss this opportunity!
  1. Listed by Stephen Gramke • Happel, Inc., REALTORS
  2. Listed by Chris Dye • Happel, Inc., REALTORS

Property Details for 400 South 16th Street

Parking Total
0.0
Subdivision Name
None
LISTING UPDATED: 11/02/2025 02:01 PM

Property Details for 400 South 16th Street

StatusActive
MLS #CA1040206
Days on Market58
Taxes$3,003 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income / Two to Four Units
Year Built1871
Lot Size0.14 AC / 6,098 SF
CountyAdams County

Location

Listing Courtesy of Happel, Inc., REALTORS
Add your commute

Building Information for 400 South 16th Street

Stories-Residences2Year Built1871Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$1,184 per month

30 year fixed, 6.28% Interest

Principal and Interest

$934

Property Taxes

$250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 400 South 16th Street

Summary
Location and General Information
  • City: Quincy
  • County Or Parish: Adams
  • Directions: SW corner of 16th & Kentucky
  • Latitude: 39.927685
  • Longitude: -91.390662
  • MLSArea Minor: Quincy
  • Postal Code: 62301
  • State Or Province: IL
  • Zoning: R2
Taxes and HOA Information
  • Parcel Number: 23-1-1880-000-00
  • Tax Annual Amount: $3,003
  • Tax Legal Description: LOT 9 BLK 1 BINKERT AND CRUTTENDEN E 127FT OF N 50FT LOT 9
  • Tax Year: 2024
School Information
  • Elementary School: Baldwin
  • High School: Quincy School District #172
Parking
  • Parking Features: On Street
Property
Lot Information
  • Structure Type: Duplex Up/Down
  • Building Area Total: 2659.0
  • Lot Features: Corner Lot, Level, Terraced/Sloping
  • Lot Size Acres: 0.14
  • Lot Size Dimensions: 50x126
  • Number Of Units Total: 2
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Stone
  • New Construction: No
  • Year Built: 1871
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 1
  • Sewer: Sewer-Public
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Other Structures: On Street
  • Roof: Shingle
  • Construction Materials: Aluminum Siding
Interior Features
  • Basement: Full, Partially Finished
  • Cooling: Zoned, Central Air
  • Heating: Baseboard, Electric, Forced Air, Natural Gas, Gas Water Heater, Wall Unit(s)
  • Laundry Features: Washer Hookup
  • Other Equipment: Water Heater-Gas
  • Number Of Central Air Units: 2
  • Number Of Dryers: 1
  • Number Of Heating Units: 2
  • Number Of Ranges: 2
  • Numberof Refrigerators: 2
  • Number Of Washers: 1
  • Number Of Water Heaters: 2
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $-3,003
  • Operating Expense: $0
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: Y
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Lease Term: One Year or Less
  • Tenant Pays: Water

Property History for 400 South 16th Street

DateEvent & SourcePriceAppreciation
Dec 17, 2025

Hold

MRED #1040206

—
Oct 29, 2025

Listed (Active)

MRED #1040206

$189,000—
Oct 29, 2025

Listed (Active)

RMLS ALLIANCE #CA1040206

$189,000—
Dec 6, 2019

Closed (Public Record)

Public Record #1348904277

$115,000—
Dec 6, 2019

Closed

RMLS ALLIANCE #CA198538_1

$115,000—
Dec 6, 2019

Closed

MRED #12250282

$115,000—
Dec 5, 2019

Pending

RMLS ALLIANCE #CA198538_1

—
Sep 25, 2019

Listed (Active)

MRED #12250282

$138,900—
Sep 25, 2019

Listed (Active)

RMLS ALLIANCE #CA198538_1

$138,900—
DateEvent & SourcePrice
12/17/2025

Hold

MRED #1040206

—
10/29/2025

Listed (Active)

MRED #1040206

$189,000
10/29/2025

Listed (Active)

RMLS ALLIANCE #CA1040206

$189,000
12/06/2019

Closed (Public Record)

Public Record #1348904277

$115,000
12/06/2019

Closed

RMLS ALLIANCE #CA198538_1

$115,000
12/06/2019

Closed

MRED #12250282

$115,000
12/05/2019

Pending

RMLS ALLIANCE #CA198538_1

—
09/25/2019

Listed (Active)

MRED #12250282

$138,900
09/25/2019

Listed (Active)

RMLS ALLIANCE #CA198538_1

$138,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 400 South 16th Street

Taxable ValueLand$4,540Additions$41,520Total$46,060
Tax Record2024$3,003 ($250 / month)
Home Facts
Beds0StyleSingle Family ResidenceCountyADAMSAPN231188000000

Schools near 400 South 16th Street

This home is within Quincy School District 172.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 1
Rating
School
Distance
Thomas S Baldwin Elementary School Site 2
PublicK to 5

Quincy Jr High School
Public6 to 8

Quincy Sr High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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400 South 16th Street is a multi-family home for sale in Quincy, IL 62301. This property was listed for sale on October 29, 2025 by Happel, Inc., REALTORS, it's currently listed at $189,000. It has been on the market for a total of 58 days and was last sold on December 6, 2019. This listing's school district is Quincy School District 172. Nearby schools include Thomas S Baldwin Elementary School Site 2, Quincy Jr High School and Quincy Sr High School. 400 South 16th Street is a 0-bed, 0-bath, 2,659 sqft multi-family home built in 1871.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Happel, Inc., REALTORS

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/26/2025 03:06 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.