720 Payson Ave
Quincy, IL 62301
2 Beds
1 Bath
1,139 sqft
2 Beds
1 Bath
1,139 sqft
Local Information
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Description
Attention Investors, Flippers, and Visionaries! Great Potential in Quincy!
Looking for your next rewarding project? This 2-bedroom, 1-bathroom home within Quincy city limits is a blank canvas just waiting for the right buyer to bring it back to life. Whether you are looking to renovate and flip, build equity as a handy homeowner, or create a valuable addition to your rental portfolio, this property offers incredible upside.
Key Features & Project Highlights:
Blank Canvas Interior: The entire front of the home has already been gutted, saving you massive demolition time and expense. It is completely ready for your custom framing, layout, mechanicals, and finishes.
Layout: Current footprint is framed for a 2-bedroom, 1-bathroom configuration.
Expansion Potential: Situated on a generous lot, the property's footprint allows ample room for a physical expansion. If you want to maximize value, there is plenty of space to build out and convert this structure into a highly desirable 3-bedroom, 2-bathroom home.
Contractor Special / As-Is Sale:
Please note, this home is being sold strictly As-Is and requires extensive structural rehabilitation. The property has significant deferred maintenance, including a shifting/sinking floor section toward the rear of the structure that will require foundation remediation.
Bring your contractor, your tools, and your creative vision to unlock the true equity potential of this property. Cash or specialized construction/rehabilitation financing only. Schedule your showing today to explore the possibilities!
Looking for your next rewarding project? This 2-bedroom, 1-bathroom home within Quincy city limits is a blank canvas just waiting for the right buyer to bring it back to life. Whether you are looking to renovate and flip, build equity as a handy homeowner, or create a valuable addition to your rental portfolio, this property offers incredible upside.
Key Features & Project Highlights:
Blank Canvas Interior: The entire front of the home has already been gutted, saving you massive demolition time and expense. It is completely ready for your custom framing, layout, mechanicals, and finishes.
Layout: Current footprint is framed for a 2-bedroom, 1-bathroom configuration.
Expansion Potential: Situated on a generous lot, the property's footprint allows ample room for a physical expansion. If you want to maximize value, there is plenty of space to build out and convert this structure into a highly desirable 3-bedroom, 2-bathroom home.
Contractor Special / As-Is Sale:
Please note, this home is being sold strictly As-Is and requires extensive structural rehabilitation. The property has significant deferred maintenance, including a shifting/sinking floor section toward the rear of the structure that will require foundation remediation.
Bring your contractor, your tools, and your creative vision to unlock the true equity potential of this property. Cash or specialized construction/rehabilitation financing only. Schedule your showing today to explore the possibilities!
Home Highlights
Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$31
Listed
8 days ago
Home Details for 720 Payson Ave
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Heating & Cooling Heating: Forced Air, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
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Exterior Home Features Roof: AsphaltExterior: VinylPatio |
Parking & Garage GarageParking Spaces: 4Parking: Garage Detached |
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Days on Market: 8 days on Trulia |
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Year Built Year Built: 1877 |
Property Type / Style Property Type: Single Family Home |
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Price Price Per Sqft: $31 |
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Lot Area: 4356 sqft |
Market trends in Quincy
Last updated April 2026
Avg. sale price
$164K $10KMoM
Sale-to-List Price
97.3% 0.2%MoM
Price per sq ft
$109 $6MoM
Available listings
155 26MoM
Price History for 720 Payson Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 06/04/2026 | $35,000 | PriceChange | N/A |
| 06/03/2026 | $40,000 | Listed For Sale | N/A |
| 02/28/2024 | ListingRemoved | RMLS Alliance as distributed by MLS GRID #CA1026146 | |
| 01/12/2024 | $33,900 | PriceChange | RMLS Alliance as distributed by MLS GRID #CA1026146 |
| 12/22/2023 | $36,900 | PriceChange | RMLS Alliance as distributed by MLS GRID #CA1026146 |
| 11/22/2023 | $40,000 | Listed For Sale | RMLS Alliance as distributed by MLS GRID #CA1026146 |
| 03/26/2019 | $46,000 | ListingRemoved | Agent Provided |
| 03/21/2019 | $46,000 | Listed For Sale | Agent Provided |
| 01/03/2013 | $39,150 | Sold | N/A |
| 09/27/2012 | $45,000 | ListingRemoved | Agent Provided |
| 06/06/2012 | $45,000 | Listed For Sale | Agent Provided |
| 05/01/2012 | $45,000 | ListingRemoved | Agent Provided |
| 04/24/2012 | $45,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $533 |
| Assessment | $24,510 |
Home facts updated by county records
Comparable Sales for 720 Payson Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Single-Family Home | $50,000 | 11/14/25 | 2 | 1 | 1,121 | |
0.17 | Single-Family Home | $137,000 | 05/11/26 | 2 | 1 | 1,340 | |
0.32 | Single-Family Home | $32,000 | 09/30/25 | 2 | 1 | 1,116 | |
0.38 | Single-Family Home | $70,000 | 12/19/25 | 2 | 1 | 1,194 | |
0.43 | Single-Family Home | $26,100 | 02/02/26 | 2 | 1 | 1,020 | |
0.25 | Single-Family Home | $25,000 | 07/18/25 | 2 | 2 | 1,611 | |
0.40 | Single-Family Home | $37,500 | 10/16/25 | 3 | 1.5 | 1,530 | |
0.36 | Single-Family Home | $80,000 | 10/22/25 | 3 | 1 | 1,422 | |
0.15 | Single-Family Home | $35,000 | 03/19/26 | 2 | 1 | 1,330 | |
0.12 | Single-Family Home | $112,000 | 01/30/26 | 3 | 2 | 1,832 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETJacquelyn Weisenburger, Happel, Inc., REALTORS
OFF MARKETJanet Arns, Happel, Inc., REALTORS
OFF MARKETJoe Mays, Mays LLC REALTORS
OFF MARKETMelissa Sullivan, Happel, Inc., REALTORS
OFF MARKETSherry Hills, Happel, Inc., REALTORS
SOLDNOV 14, 2025Zanger & Associates, Inc., REALTORS, Closed
SOLDJAN 30, 2026Zanger & Associates, Inc., REALTORS, Closed
FOR SALEJacquelyn Weisenburger, Happel, Inc., REALTORS
Assigned Schools
These are the assigned schools for 720 Payson Ave.
- Quincy Sr High School
- 9-12
- Public
- 1764 Students
2/10GreatSchools RatingParent Rating AverageThis school is terrible. I really can't wait to move and I hate moving around. There was a gun threat on a bus recently and the kid was back in school 3 days later. Most people want to drop out because a good portion of the teachers suck. Don't get me wrong there are a few great ones but if you don't get them then your screwed. Most teachers act like you only have their class to worry about. I literally had a teacher say that her homework was more important than family issues that pop up. The counselors are not that great either and will downplay anything you have to say against the school. Mine literally told me I shouldn't try to go to the beset school in the state because our school needs more motivated students. I can genuinely say that I am smarter than a good portion of upperclassmen. The special education teachers will literally make fun of the students they are supposed to be helping. The positives I have are the few good teachers and the fact that sporting events are super important and allow families to be involved.Student Review3y ago - Quincy Jr High School
- 6-8
- Public
- 1285 Students
3/10GreatSchools RatingParent Rating AverageRecent alum of this school. I attended for the last part of 7th and all of 8th. For the most part this school is pretty decent. Definitely leaps and bounds above the high school, which completely sucks. I missed my old school a ton because this school didn't feel all to welcoming at first because I was the new kid from Missouri during a covid year. My main problem is how they deal with bullying and the amount of fights. The local police department had to get involved because there were too many fights. As for dealing with bullying, they don't. Especially if that bully is a teacher. I have severe PTSD and it was not handled well. When I had a teacher picking on me about it and told my dean he yelled in my face, knowing full well that it would trigger a panic attack. Some kids pick on/bully special needs kids. The saving grace of this school is the fact that the bad teachers are few and far between. These teachers are known and not well liked, even by other teachers. I loved my seventh grade permanent sub for science and eighth grade communication arts teachers. By far some of the best teachers I've ever had, which is say a lot because I have moved a ton and therefore been to quite a few schools. I still talk to these teachers on a regular basis. Overall just don't live in Quincy. This school is the best you get for public schools, I can't speak on the private schools.Other Review3y ago - Monroe Elementary School
- K-5
- Public
- 583 Students
7/10GreatSchools RatingParent Rating AverageMonroe School is a great school, my daughter loves it there and is learning so much this year in First Grade!Parent Review12y ago 
Check out schools near 720 Payson Ave.
What Locals Say about Quincy
At least 131 Trulia users voted on each feature.
91 % Say parking is easy
90 % Say car is needed
87 % Say it's dog friendly
86 % Say yards are well-kept
74 % Say there's holiday spirit
73 % Say kids play outside
67 % Say people would walk alone at night
60 % Say there are sidewalks
58 % Say there's wildlife
57 % Say neighbors are friendly
57 % Say streets are well-lit
54 % Say it's quiet
45 % Say it's walkable to grocery stores
42 % Say it's walkable to restaurants
39 % Say they plan to stay for at least 5 years
26 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
720 Payson Ave, Quincy, IL 62301 is a 2 bedroom, 1 bathroom, 1,139 sqft single-family home built in 1877. This property is currently available for sale and was listed on Jun 3, 2026.