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2225 N 12th St
Quincy, IL 62305
Cedar Creek Crossing · Multifamily Property For Sale · 80 Units
PROPERTY FACTS
| No. Units | 80 | Building Size | 91,028 SF |
| Property Type | Multifamily | Average Occupancy | 96% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 2002 |
| Building Class | A | Parking Ratio | 1.32/1,000 SF |
| Lot Size | 7.80 AC |
| No. Units | 80 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | A |
| Lot Size | 7.80 AC |
| Building Size | 91,028 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 2002 |
| Parking Ratio | 1.32/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Bay Window
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Carpet
- Freezer
- Island Kitchen
- Linen Closet
- Wheelchair Accessible (Rooms)
Site Amenities
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- Property Manager on Site
- Grill
- Laundry Service
- Trash Pickup - Door to Door
About 2225 N 12th St , Quincy, IL 62305
Cedar Creek Crossing is an 80-unit LIHTC property located in Quincy, IL. The property offers a mix of spacious two and three bedroom floor plans to income qualifying residents and is conveniently located close to shopping, restaurants, entertainment, and area amenities. The property was built in and placed in service in 2002 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires at least 72 units to be rented to income qualifying residents earning no more than 20% and 60% of Area Medium Income (AMI) limits, which are provided by Illinois Housing Development Authority. The remaining 8 units are unrestricted. The property is beyond its initial tax credit compliance period. Residents benefit from a multitude of amenities including a clubhouse, swimming pool, playground, business center, on-site laundry facility, and a fitness center. Unit amenities include an open floor plan with a full appliance package, breakfast bar, walk-in closets, patio/balcony, and washer and dryers in select units.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 60 | - | 960 |
| 3+2 | 20 | - | 1,100 - 1,140 |
PROPERTY TAXES
| Parcel Number | 23-7-0054-003-00 | Improvements Assessment | $684,320 |
| Land Assessment | $73,480 | Total Assessment | $757,800 |
PROPERTY TAXES
zoning
| Zoning Code | R3 |
| R3 |
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