# 500 S 8TH Street, Quincy, IL 62301 > **TL;DR:** commercial, $475,000, built 1900. > A/C. Est. $2,541/mo. Listed 83 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $475,000 | | Year Built | 1900 | | Lot Size | 16,117 sqft (0.37 acres) | | Stories | 3 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 83 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,402 | | Estimated Insurance | $139 | | **Total** | **$2,541** | ## Key Amenities - A/C ## Property Highlights - Built in 1900 - 0.37 acre lot - 3 stories - 21 parking spaces ## Description ### Agent Description Prime Downtown Redevelopment Opportunity! Unlock the potential of this nearly 20,000 sq. ft. property, ideally located in the heart of the thriving downtown district and just steps from restaurants, shopping, nightlife, and entertainment. Priced significantly below a recent appraisal, this property offers an exceptional opportunity for an investor, developer, or entrepreneur ready to bring a vision to life. The main floor features an established commercial/event space complete with an open banquet/event space, a kitchen/prep area, and three half baths that provides an excellent foundation for continued use or future redevelopment. One apartment has been completely renovated and is ready to go, while the remainder of the residential space has been gutted and is ready to be refinished and reimagined into another 11 units. With substantial space, a prime location, and endless possibilities for residential, commercial, or mixed-use development, this property offers the opportunity to create something truly special in the heart of downtown. Whether you're looking to build a unique rental portfolio, create additional residential units, expand commercial space, or develop a one of a kind mixed use destination, 500 S. 8th Street is a blank canvas with incredible potential. **City of Quincy Downtown TIF redevelopment grant funds still available for this location. ## Location - **Address:** 500 S 8TH Street, Quincy, IL 62301 - **County:** Adams - **Coordinates:** 39.926352, -91.403614 - **Google Maps:** https://www.google.com/maps?q=39.926352,-91.403614 ## Listing Agent - **Name:** Melissa Sullivan - **Brokerage:** Happel Inc., REALTORS - **Broker Phone:** (217) 224-8383 ## Photos ![500 S 8TH Street - Photo 1](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f1794962373r.jpg) ![500 S 8TH Street - Photo 2](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f1268940038r.jpg) ![500 S 8TH Street - Photo 3](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f3042484449r.jpg) ![500 S 8TH Street - Photo 4](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f3733055535r.jpg) ![500 S 8TH Street - Photo 5](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f595340264r.jpg) ![500 S 8TH Street - Photo 6](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f3935991868r.jpg) ![500 S 8TH Street - Photo 7](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f1015179431r.jpg) ![500 S 8TH Street - Photo 8](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f711488709r.jpg) ![500 S 8TH Street - Photo 9](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f3745405531r.jpg) ![500 S 8TH Street - Photo 10](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f4134934215r.jpg) ![500 S 8TH Street - Photo 11](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f42859520r.jpg) ![500 S 8TH Street - Photo 12](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f2026128891r.jpg) ![500 S 8TH Street - Photo 13](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f3323431627r.jpg) ![500 S 8TH Street - Photo 14](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f3839553548r.jpg) ![500 S 8TH Street - Photo 15](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f723944013r.jpg) ![500 S 8TH Street - Photo 16](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f3901816818r.jpg) ![500 S 8TH Street - Photo 17](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f1757944523r.jpg) ![500 S 8TH Street - Photo 18](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f334034759r.jpg) ![500 S 8TH Street - Photo 19](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f4238277707r.jpg) ![500 S 8TH Street - Photo 20](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f2878275210r.jpg) ![500 S 8TH Street - Photo 21](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f4080815932r.jpg) ![500 S 8TH Street - Photo 22](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f896899174r.jpg) ![500 S 8TH Street - Photo 23](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f3905355713r.jpg) ![500 S 8TH Street - Photo 24](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f2366230326r.jpg) ![500 S 8TH Street - Photo 25](http://lh.rdcpix.com/4b5453e92e6e0253b95720a998bc9517l-f3354891454r.jpg) --- **MLS#:** CA1045742 | **Updated:** 2026-10-30 **Source:** listhub *Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/500-s-8th-street-quincy-il-62301-cbd5d9b9b1c64749a0269afa0307017f) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/500-s-8th-street-quincy-il-62301-cbd5d9b9b1c64749a0269afa0307017f#listing", "url": "https://staging.propertysimple.ai/listing/500-s-8th-street-quincy-il-62301-cbd5d9b9b1c64749a0269afa0307017f", "name": "500 S 8TH Street, Quincy, IL 62301", "description": "Prime Downtown Redevelopment Opportunity! Unlock the potential of this nearly 20,000 sq. ft. property, ideally located in the heart of the thriving downtown district and just steps from restaurants, shopping, nightlife, and entertainment. 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