727-729 Monroe St
Quincy, IL 62301
- 4 Beds
- 5 Baths
4 Beds
5 Baths
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Description
Investor's Dream! Cash Flow of $3,000+ Rent! 5-Unit Complex with Expansion Potential in the attic for a 6th unit. Current tenants generate excellent rental income and fully occupied. Prime Location & Convenience for tenants with city bus and grocery store just around the corner. Extensive Updates: Major systems have been addressed over the last 10 years, including: Newer furnaces (3 units have Central A/C) Metal Roof resealed aprox 8 years ago. Separate Utilities (except Owner currently pays utilities for two units (727 1/2 and 1030). Washer/Dryer hookups in 2 units. Start Building Your Portfolio Today! Don't miss this chance to acquire a solid, income-producing asset with significant upside., Separate Electric Meters, Separate Gas Meters, Washer/Dryer Hook Up, HiSpd Intrnt Fiber Avail
727-729 Monroe St, Quincy, IL 62301 is a 4 bedroom, 4 bathroom multi-family. It last sold for $240,000 on Dec 30, 2025 (7% below the $259,000 asking price). It is currently off market. The Trulia Estimate is $170,300, with a rent estimate of $1,020/month.
Home Details for 727-729 Monroe St
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MLS Status: Closed |
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Interior Details Basement: Unfinished,Full |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 5 |
Appliances & Utilities Appliances: Gas Water Heater |
Heating & Cooling Heating: Forced AirHas HeatingHeating Fuel: Forced Air |
View No View |
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Exterior Home Features Roof: MetalPatio / Porch: PorchFencing: Fenced |
Frontage Not on Waterfront |
Water & Sewer Sewer: Community Sewer |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Stone, Vinyl SidingNot a New Construction |
Property Information Parcel Number: 233175600000 |
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Price List Price: $259,000 |
Status Change & Dates Off Market Date: Tue Dec 30 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Quincy |
School Information Elementary School: Lincoln-DouglasHigh School: Quincy |
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Lot Area: 3484.8 sqft |
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Contingencies: Other ContingencyListing Terms: Cash |
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BasementMls Number: 12396761 |
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Source Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplayMRD Listing On IDX Display: YesSource Internet Address Display |
Last check for updates: about 4 hours ago
Listed by Carol Shaffer, (217) 430-3356
Bower & Associates, Inc., REALTORS
Bought with: Non Member, Non-Member
Source: MRED as distributed by MLS GRID, MLS#12396761

Price History for 727-729 Monroe St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/30/2025 | $240,000 | Sold | MRED as distributed by MLS GRID #12396761 |
| 12/01/2025 | $259,000 | Contingent | RMLS Alliance as distributed by MLS GRID #QC4264413 |
| 10/22/2025 | $259,000 | PriceChange | RMLS Alliance as distributed by MLS GRID #QC4264413 |
| 09/09/2025 | $269,000 | PriceChange | MRED as distributed by MLS GRID #12396761 |
| 08/06/2025 | $289,000 | PriceChange | RMLS Alliance as distributed by MLS GRID #QC4264413 |
| 06/18/2025 | $299,000 | Listed For Sale | MRED as distributed by MLS GRID #12396761 |
| 09/26/2006 | $49,000 | Sold | N/A |
Market trends in Quincy
Last updated June 2026
Avg. sale price
$173K
$9.33KMoM
Sale-to-List Price
98.0%
0.5%MoM
Price per sq ft
$116
$5MoM
Available listings
156
5MoM
Property Tax and Assessment
| Year | 2024 |
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| Tax | $2,048 |
| Assessment | $94,230 |
Home facts updated by county records
Comparable Sales for 727-729 Monroe St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.32 | Multi-Family Home | $190,000 | 12/16/25 | 4 | 4 | 3,134 | |
0.20 | Multi-Family Home | $130,000 | 04/09/26 | 4 | 2 | - | |
0.39 | Multi-Family Home | $75,000 | 08/14/25 | 4 | 4 | 1,224 | |
0.46 | Multi-Family Home | $110,000 | 06/09/26 | 4 | 4 | - | |
0.15 | Multi-Family Home | $27,000 | 07/28/25 | 2 | 2 | 1,634 | |
0.45 | Multi-Family Home | $118,000 | 02/25/26 | 4 | 2 | 2,210 | |
0.92 | Multi-Family Home | $170,000 | 04/30/26 | 4 | 3 | 2,659 | |
0.28 | Multi-Family Home | $14,000 | 07/22/26 | 4 | 2 | 2,000 | |
0.83 | Multi-Family Home | $139,000 | 04/17/26 | 3 | 3 | 3,088 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 727-729 Monroe St.
What Locals Say about Quincy
At least 131 Trulia users voted on each feature.
91 % Say parking is easy
90 % Say car is needed
86 % Say yards are well-kept
86 % Say it's dog friendly
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
44 % Say it's walkable to grocery stores
43 % 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
Apartments for Rent
Homes for sale near 727-729 Monroe St
Off Market Homes Near 727-729 Monroe St

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

