4609 State St

$1,600,000
Price
Beds
Baths
13,888 Sq. Ft.
$115 / Sq. Ft.
13,888
Sq. Ft.
$115
per Sq. Ft.

Description

This multifamily property features 16 units, consisting of four triplexes and two duplexes, all offering spacious 3-bedroom, 2-full bathroom layouts. With a well-maintained concrete parking lot providing 32 spaces, tenants enjoy ample parking. Each unit is currently rented, structured on an 11-month lease, with a down month typically scheduled in June. This flexible rental agreement offers stability for both investors and tenants alike. Please reach out to Max Dancer, Happel, Inc REALTORS® for additional...This multifamily property features 16 units, consisting of four triplexes and two duplexes, all offering spacious 3-bedroom, 2-full bathroom layouts. With a well-maintained concrete parking lot providing 32 spaces, tenants enjoy ample parking. Each unit is currently rented, structured on an 11-month lease, with a down month typically scheduled in June. This flexible rental agreement offers stability for both investors and tenants alike. Please reach out to Max Dancer, Happel, Inc REALTORS® for additional questions or to schedule a showing.
  1. Listed by Max Dancer • Happel, Inc., REALTORS

Property Details for 4609 State Street

Parking Total
32.0
Subdivision Name
None
LISTING UPDATED: 09/16/2025 03:01 PM

Property Details for 4609 State Street

StatusActive
MLS #CA1039186
Days on Market104
Taxes$29,421 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income / Multi Family 5+
Year Built2014
Lot Size1.15 AC / 50,094 SF
CountyAdams County

Location

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

Building Information for 4609 State Street

Stories-Residences16Year Built2014Building Size-Lot Size1.15 AC / 50,094 SF

Payment Calculator

$10,358 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,906

Property Taxes

$2,452

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4609 State Street

Summary
Location and General Information
  • City: Quincy
  • County Or Parish: Adams
  • Directions: East on State Street, North on Timberline Terr. Property is on the West Side.
  • Latitude: 39.925962
  • Longitude: -91.342803
  • MLSArea Minor: Quincy
  • Postal Code: 62301
  • State Or Province: IL
  • Zoning: C1B
Taxes and HOA Information
  • Parcel Number: 23-7-0765-014-00
  • Tax Annual Amount: $29,421
  • Tax Legal Description: LOT 2 MCCLELLAND'S 1ST ADDITION
  • Tax Year: 2023
School Information
  • High School: Quincy School District #172
Parking
  • Parking Features: Other
Property
Lot Information
  • Structure Type: Two or More Story, Duplex
  • Building Area Total: 13888.0
  • Lot Features: Level
  • Lot Size Acres: 1.15
  • Lot Size Dimensions: 220x230
  • Number Of Units Total: 16
  • 100 Year Plain: No
  • Certificate Of Zoning: No
Property and Assessments
  • Documents Available: Aerial Photos,Historic Info,Legal Description,Tenant Lease(s)
  • New Construction: No
  • Year Built: 2014
  • Year Built Source: Public Records
Utilities
  • Electric: Separate Meters
  • Number Of Electric Meters: 16
  • Number Of Gas Meters: 16
  • Numberof Water Meters: 1
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: None
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Owned Equipment
  • Number Of Central Air Units: 16
  • Number Of Dryers: 16
  • Number Of Heating Units: 16
  • Number Of Washers: 16
  • Number Of Water Heaters: 16
  • Number Of Window Units: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $184,030
  • Gross Scheduled Income: $184,030
  • Insurance Expense: $13,000
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $137,409
  • Operating Expense: $17,200
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $4,200
Unit 1
  • Fireplace YN: N
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2

Property History for 4609 State Street

DateEvent & SourcePriceAppreciation
Dec 18, 2025

Hold

MRED #1039186

Sep 12, 2025

Listed (Active)

MRED #1039186

$1,600,000
Sep 12, 2025

Listed (Active)

RMLS ALLIANCE #CA1039186

$1,600,000
Aug 31, 2025

Expired

RMLS ALLIANCE #CA1036369

$1,600,000
May 13, 2025

Listed (Active)

RMLS ALLIANCE #CA1036369

$1,600,000
Apr 18, 2025

Expired

RMLS ALLIANCE #CA1032621

$1,600,000
Oct 18, 2024

Listed (Active)

RMLS ALLIANCE #CA1032621

$1,600,000
Oct 1, 2014

Expired

MRED #12245164

$1,950,000
Sep 30, 2014

Expired

RMLS ALLIANCE #CA190547_1

$1,950,000
Mar 12, 2014

Listed (Active)

MRED #12245164

$1,450,000
Mar 12, 2014

Listed (Active)

RMLS ALLIANCE #CA190547_1

$1,450,000
DateEvent & SourcePrice
12/18/2025

Hold

MRED #1039186

09/12/2025

Listed (Active)

MRED #1039186

$1,600,000
09/12/2025

Listed (Active)

RMLS ALLIANCE #CA1039186

$1,600,000
08/31/2025

Expired

RMLS ALLIANCE #CA1036369

$1,600,000
05/13/2025

Listed (Active)

RMLS ALLIANCE #CA1036369

$1,600,000
04/18/2025

Expired

RMLS ALLIANCE #CA1032621

$1,600,000
10/18/2024

Listed (Active)

RMLS ALLIANCE #CA1032621

$1,600,000
10/01/2014

Expired

MRED #12245164

$1,950,000
09/30/2014

Expired

RMLS ALLIANCE #CA190547_1

$1,950,000
03/12/2014

Listed (Active)

MRED #12245164

$1,450,000
03/12/2014

Listed (Active)

RMLS ALLIANCE #CA190547_1

$1,450,000

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

Public Records for 4609 State Street

Taxable ValueLand$46,600Additions$391,690Total$438,290
Tax Record2024$28,579 ($2,382 / month)
Home Facts
Lot Size50,094 SqFtStyleMiscellaneous CommercialCountyADAMSAPN237076501400

Schools near 4609 State 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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4609 State Street is a multi-family home for sale in Quincy, IL 62305. This property was listed for sale on September 12, 2025 by Happel, Inc., REALTORS, it's currently listed at $1,600,000. 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. 4609 State Street is a 0-bed, 0-bath, 13,888 sqft multi-family home built in 2014.

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 12/25/2025 06:03 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.