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Active - Other for sale

516 Maine Street, Quincy, IL

Facts & features

Other Property type
162 days on Beycome
4,750 sqft Lot size

Why you’ll love it

516 Maine Street, Quincy, IL 62301, is a versatile commercial property located in Quincy’s Downtown Business District (D1 Zoning) and within a TIF District. The two-story building contains approximately 3,894 square feet and features a well-maintained, full-service commercial kitchen complete with a hood and exhaust system, along with a grease trap located in the basement. The first floor offers a functional layout with a centrally positioned bar and seating area accommodating approximately 19 patrons, while the front banquet/event space provides seating for up to 128 guests. With a narrow footprint of approximately 22 feet in width, the property is well suited for restaurant, banquet, retail, office, or mixed-use redevelopment. The second floor is currently vacant and closed off, presenting future expansion opportunities. The basement is partially improved with concrete flooring, while the remaining area consists of a dirt floor, and both the first floor and basement benefit from rear access. Additional improvements include a membrane roof installed in 2013. This property presents an excellent opportunity for an owner-user or investor seeking a downtown location with existing infrastructure and redevelopment potential.

Translating description...

Listings courtesy of Happel, Inc., REALTORS as distributed by MLS GRID.

Listed by: Happel, Inc., REALTORS

Co-listed by: Happel, Inc., REALTORS

Source: RMLS Alliance as distributed by MLS GRID, MLS#: CA1044258 RMLS Alliance  as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 1:33 AM EST.

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Affordability

$215,000$450,000
1%20%
0%90%
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Estimated monthly payment

$1,698/mo

  • Mortgage$1,681
  • Property tax$17
  • HOA fee
  • Homeowners insurance
Due at closing$264,338
Down payment held in escrow$66,500
Closing costs$4,988
beycome credit Est.$6,650

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Quincy

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Nov 13, 2026 at 01:33am EST. 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.

$332,500 Listed price

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$6,650 Credit back

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