Recent property records reveal a dynamic real estate market in Quincy and surrounding areas, with transactions totaling more than $3 million. The sales, which took place in September and October, include a diverse mix of residential homes, commercial lots, and large plots of land, indicating varied activity across the local property sector.
The data, sourced from Illinois Real Estate Transfer Declaration forms, provides a detailed look at the movement of property in Adams County. Sales prices ranged dramatically from a modest $2,000 for a residence to over $336,000 for a single-family home, reflecting a broad spectrum of market segments.
Key Takeaways
- Over $3 million in property transactions were recorded in the Quincy area during September and October.
- The highest-priced sale was a residence on Eagle Terrace in Quincy, which sold for $336,184.
- Transactions included residential homes, a commercial parking lot, and a 27-acre parcel of land.
- A wide range of prices was observed, from $2,000 to over $300,000, involving both individual buyers and corporate entities.
High-Value Residential Sales Lead the Market
Several significant residential property sales contributed to the market's high total value. These transactions demonstrate strong buyer interest in established Quincy neighborhoods.
One of the top sales was a residence at 620 Eagle Terrace in Quincy. The property was sold by the R&M King Trust to the Antonio and Azucena Joint Tenancy Trust for $336,184 on October 6. This transaction highlights the demand for properties in desirable locations.
Another notable sale involved a home at 608 Wexford Drive. Carol A. Sharpe sold the residence to Thomas F. Reeder and Susan D. Reeder for $282,000 on September 30. Similarly, a home at 2704 Kings Pointe N.E. was sold by Richard A. Ellerman and Penny A. Ellerman to J. Scott and Julie Adair for $250,000 on October 3.
Additional Six-Figure Home Sales
The market activity also included several other sales exceeding the $200,000 mark, showing a healthy mid-to-upper-tier market.
- A residence at 2124 S. 40th in Quincy was sold by Joann Jouett to Anthony J. Crawley and Quenna Noel Crawley for $224,500 on October 3.
- In Liberty, a home at 1637 N. 703rd Lane was purchased by Justin R. Winchester and Emilee M. Winchester from Justin Mewes for $265,000 on October 9.
- Rivercity Rehab, LLC sold a property at 2905 Harrison in Quincy to Le Cong, Cuong Tran, and Phat Thi To for $226,500 on October 8.
Market by the Numbers
The 18 transactions detailed in recent public records have a combined value of $3,033,807. This figure underscores the significant capital flowing through the local real estate market in a short period.
Commercial and Land Transactions
Beyond residential homes, the recent sales data includes important commercial and land deals. These transactions often signal future development or business expansion in the area.
A significant land sale occurred in Ursa, where the Estate of Roger D. Voorhis sold 27.396 acres at 2352 E. 500th. The property was purchased by Daniel Voorhis and Georgene Zimmerman for $323,273 on October 9. Large land sales like this are crucial for agricultural and potential development purposes.
In a notable commercial deal, Beck Properties, Inc. sold a parking lot at 1025 N. 28th in Quincy. The buyer, IR Sports Incorporated, acquired the property for $226,000 on October 3, suggesting a potential expansion or new use for the commercial space.
A Broad Spectrum of Property Investments
The data also reveals a vibrant market for more moderately priced properties, as well as lots and homes intended for investment or renovation. These sales are just as vital to the overall health of the local housing market.
For instance, a residence at 1007 N. Lyn Mar Drive was sold for $175,000, while another at 2700 Northridge Drive also sold for $175,000. These sales represent a key segment of the market for many families and homebuyers.
Investment and Development Properties
Several transactions involved LLCs and properties at lower price points, which often indicate investment activity.
- A lot at 820 Ohio was sold by Big Picture Development, LLC to Irving Gardens, LLC for $65,000 on October 1.
- BT Property Development, LLC sold a residence at 913 N. 12th to 3LA, LLC for $20,000 on September 29.
- A residence at 823 Jersey was sold by Wesley Waschenbach to Nancy Callaway and Gustavo Quispe for just $2,000 on October 3, representing the lowest-priced transaction in this period.
- Lake Ridge Fifth Chapter, LLC sold a residence and lot at 817 N. 49th to James Beers Construction, LLC for $25,000 on October 7.
About the Data
All information regarding these property sales is obtained from public records, specifically the Illinois Real Estate Transfer Declaration (PTAX-203) forms. These documents are filed with the county recorder's office when a property is sold. The dates listed may reflect the filing date rather than the exact closing date of the transaction.
Complete List of Recent Sales
For a comprehensive overview, here is a detailed list of the other transactions recorded in the area during this period.
- 400 N. Augusta Road, Clayton: Sold by WD and DJ Sweeting Trust to Danny Ruffcorn for $60,000 on September 16.
- 2823 N. 950th Avenue, Clayton: Sold by The Gary Lee Mason Trust to Parn Properties, LLC for $60,000 on October 3.
- 306 Glendale Court, Quincy: Sold by Annette R. Leerhoff to Madelyn J. Haley for $169,000 on October 6.
- 530 N. 12th, Quincy: Sold by Alex E. Neisen to Austin J. Ewing for $149,350 on October 3.
This collection of sales provides a valuable snapshot of the real estate landscape in and around Quincy, showcasing a market with diverse opportunities for homeowners, investors, and developers alike.
