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304-306 Cherry St 0.24 Acres of Residential Land Offered at $5,000 in Quincy, IL 62301
Investment Highlights
- Approximately 10,454 square feet of land on a prominent corner lot
- Concrete road access with easy connectivity to major streets and local amenities
- Positioned in a well-developed residential area near downtown Quincy and riverfront
- Utilities available, including electric, water, sewer, and natural gas, plus fiber internet access
Executive Summary
Utility access is convenient with electric service to the site, municipal water availability, sewer connection in place, and natural gas options. The lot’s accessible position within a stabilized residential neighborhood enhances its long-term value proposition for developers and buyers alike. With ample surrounding infrastructure and proximity to core amenities in Downtown Quincy, this property represents an opportunity to design and build in a well-established yet evolving urban setting.
Property Facts
| Price | $5,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Residence |
| No. Lots | 1 | Total Lot Size | 0.24 AC |
| Property Type | Land | ||
| Zoning | R3 - Multifamily | ||
| Price | $5,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Residence |
| Total Lot Size | 0.24 AC |
| Zoning | R3 - Multifamily |
1 Lot Available
Lot
| Price | $5,000 | Lot Size | 0.24 AC |
| Price Per AC | $20,833.33 |
| Price | $5,000 |
| Price Per AC | $20,833.33 |
| Lot Size | 0.24 AC |
Located on the southeast corner of 3rd and Cherry Streets in Quincy, Illinois, this prominent corner lot spans approximately 10,454 square feet and is situated within the R3 Multi-Family zoning district.
Description
The site at 304-306 Cherry St in Quincy, Illinois, comprises approximately 0.24 acres with parcel number 23-4-1396-000-00. Current zoning is listed as R3 Multi-Family District, permitting both multi-family projects and certain single-family construction. The lot measures approximately 55 feet by 168 feet and has established utility connections for electric, water, sewer, and gas services. Location is within Quincy’s urban grid, in proximity to commercial services and major roadway connections in Adams County.
Property Taxes
| Parcel Number | 23-4-1396-000-00 | Improvements Assessment | $110 |
| Land Assessment | $3,400 | Total Assessment | $3,510 |
Property Taxes
Presented by
304-306 Cherry St
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