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801 Monroe St, Quincy, IL, 62301

2beds
2baths
3,436sqft
$144,900
$42price/sqft
$1,332/moest. monthly cost
$53,280/yrincome needed

About This Home

Investment Opportunity is knocking with this mixed use building in the heart of Quincy IL. This property has a lot of opportunity along with an existing stream of income. The two upper story apartments have had updates to them in recent years including kitchen and bath updates. Flooring, windows, and HVAC units have been updated for the upper story residential as well. The roof was redone around six years ago and was recently inspected. The main floor of this building is a real opportunity to envision this as a retail space, office space, or additional residential spaces. The property is currently cash flowing $1,225 monthly without a lease in the main floor. Call today to setup your showing. This property is primed for your vision and ready to turn opportunity in to bigger cash flows. This is a mixed use property with commercial on the main floor and residential upstairs but could be converted to additional residential space on the main floor. Roofing is a silicone based product.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
54
BikeBikeable

Schools

6/10
Adams Elementary SchoolGrades K-52.8 mi
3/10
Quincy Jr High SchoolGrades 6-81.0 mi
2/10
Quincy Sr High SchoolGrades 9-122.3 mi

Construction

Materials

  • Foundation: Stone
  • Roof: Other
  • Construction materials: Brick,Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Water Heater

Basement

  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,436
  • Total interior livable area: 3,436 sqft

Property

Details

  • Parcel number: 233177000000

Lot

  • Lot size: 3,948 sqft
  • Features: Corner Lot,Level
  • Lot size dimensions: 94 x 42

Parking

  • Total spaces: 1
  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Lightning
Strong Wind
Hail
Winter Weather

FEMA Declared Disasters Across Illinois Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $732$8,784
Home Insurance *$153$1,836
Property Taxes $183$2,196
Electricity $264$3,171
Total$1,332$15,984
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,668/yr
40% on housing$39,960/yr
45% on housing$35,520/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.6%
9.6%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$42This listing

vs Other Active Listings

Avg $/sqft

ZIP 62301$87
Adams County$110

vs Homes Sold Last Month

Median $/sqft

ZIP 62301$94
Adams County$92

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-10Price change$154,900
2026-04-13Listed for sale$159,900

For Sale by Agent

AgentJohn Mast
BrokerageDavis & Associates, REALTORS

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