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2225 N 12th St
Quincy, IL 62305

Cedar Creek Crossing · Residential Property For Sale · 80 Units

PROPERTY FACTS

No. Units 80
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class A
Lot Size 7.80 AC
Building Size 91,028 SF
Average Occupancy 96%
Number of Floors 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 Cupboard
  • Wheelchair Accessible (Rooms)

Site Amenities

  • Business Centre
  • Clubhouse
  • Fitness Centre
  • Laundry Facilities
  • Picnic Area
  • Playground
  • Pool
  • Property Manager on Site
  • Grill
  • Laundry Service
  • Rubbish Collection - 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

PROPERTY TAXES

Parcel Number
23-7-0054-003-00
Land Assessment
£58,220
Improvements Assessment
£542,207
Total Assessment
£600,428

zoning

Zoning Code R3
R3
  • Listing ID: 18094515

  • Date on Market: 06/01/2020

  • Last Updated:

  • Address: 2225 N 12th St, Quincy, IL 62305

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