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Quincy, IL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Quincy, Illinois Market population: 94K. Compare commercial properties across all major asset classes with...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Quincy MA Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Quincy MA Properties: 1.1500%

πŸ“Š Average Income For Quincy MA Commercial Property: $83,398

Investor Questions For Quincy MA

Common questions from investors exploring commercial real estate in Quincy MA.

What makes Quincy, MA an attractive market for real estate investment? +
Quincy's diverse population, with top ethnicities including White (53.2%), Asian (24.2%), and Black or African American (5.8%), combined with a strong economy driven by industries like Health Care & Social Assistance and Finance & Insurance, suggests a stable and growing market. The city's relatively low poverty rate of 8.1% and high health insurance coverage of 97.3% also indicate a reliable tenant base. Additionally, the average commute time of 37.4 minutes and high public transit usage of 21.5% make it an convenient location for renters.
How does the local economy impact the real estate market in Quincy? +
The local economy in Quincy, driven by top industries such as Professional, Scientific, & Management, and Administrative & Waste Management Services, contributes to a median household income of $83,398 and an employed population of 52,115. This, combined with a relatively low GINI coefficient of 0.443, suggests a stable and equitable economy that can support a strong real estate market. Furthermore, the high foreign born rate of 33.4% and diverse population can lead to a demand for rental properties.
What are the key factors to consider when evaluating the quality of life in Quincy for real estate investment? +
When evaluating the quality of life in Quincy, consider the average commute time of 37.4 minutes, which is relatively low, and the high health insurance coverage rate of 97.3%, indicating a reliable and stable population. Additionally, the city's median property value of $434,800 and median property taxes of $4,958 should be considered in the context of the overall quality of life and potential for property appreciation.
How does the demographic diversity of Quincy impact the demand for real estate? +
The demographic diversity of Quincy, with a mix of White (53.2%), Asian (24.2%), and Black or African American (5.8%) populations, can lead to a strong demand for real estate, particularly rental properties. The city's foreign born rate of 33.4% and relatively high median household income of $83,398 also suggest a diverse and growing population that can support a robust real estate market. Furthermore, the high homeownership rate of 52.2% indicates a stable and invested community.
What are the implications of Quincy's commute patterns and transportation infrastructure for real estate investment? +
Quincy's commute patterns, with 63.1% of residents driving alone and 21.5% using public transit, suggest a convenient and accessible location for renters. The average commute time of 37.4 minutes and average commute time by public transit of 45.5 minutes are relatively low, indicating a well-planned transportation infrastructure. This, combined with the city's strong economy and diverse population, makes Quincy an attractive market for real estate investment, particularly for properties located near public transportation hubs.

Quincy MA Real Estate & City Facts

Key facts and real estate information about Quincy MA.

What is the average commute time in Quincy, MA? +
The average commute time in Quincy, MA is 37.4 minutes.
What is the median property value in Quincy, MA? +
The median property value in Quincy, MA is $434,800.
What is the poverty rate in Quincy, MA? +
The poverty rate in Quincy, MA is 8.1%.
What is the high school graduation rate in Quincy, MA? +
The high school graduation rate in Quincy, MA is 90.4%.
What is the percentage of residents with a Bachelor's degree or higher in Quincy, MA? +
The percentage of residents with a Bachelor's degree or higher in Quincy, MA is 43.6%.
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