2040 Cherry St, Quincy, IL 62301 Property Records

Adams County property record for 2040 Cherry St, Quincy, IL 62301

Property Summary

Property TypeCommercial
Lot Size2.59 acres (112,820 sqft)
OwnerCompany Name on Record
Last Sale$80,000 (Feb 2020)
Tax Bill$9,951 (2024)
Deeds & MortgagesJul 2026 Mortgage
Jan 2024 Sale
+ 5 more
Flood ZoneZone X (minimal risk)
APN236017800200

Property Details

APN / Parcel Number

Primary APN236017800200

Interior

Units22 Units

Exterior

Lot Area112,820 sqft (2.59 acres)

Location & Zoning

Street Address2040 CHERRY ST
CityQUINCY
StateIL
Zip62301-2210
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionSEC 36 1S9W LOT 8 HIGHLAND ADDN LOTS 1 THRU 10 & BUERKIN & KAEMPEN SUB LOTS 11 THRU 17 BLK 8 HIGHLAND E24FT LT 3 & ALL LTS 1
Legal Range09W
Legal Township01S
Legal Section36
Legal SubdivisionHIGHLAND ADD
Legal Block8
Legal Lot Number8,1-17
JurisdictionADAMS IL
Township / Civil DivisionQUINCY
Census Block Group2
Census Block2022
Census Tract202

Owner

Source: Adams County records, as of August 11, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address2148 HIGHWAY 104, LIBERTY, IL 62347-3017
Owner TypeCompany
VestingLimited Liability Partnership

Deeds, Mortgages & Sale History

DateDocument
Jul 30, 2026Deed of Trust, Mortgage · Conventional Mortgage
STATE BANK AND TRUST COMPANY
Jan 18, 2024Warranty Deed, Transfer
ATTORNEY ONLY, ATTORNEY
Sep 19, 2022Deed of Trust, Mortgage · Commercial Mortgage
STATE STREET BANK & TRUST CO
Jun 29, 2021Deed of Trust, Mortgage · Commercial Mortgage
STATE STREET BANK & TRUST CO
Nov 15, 2018Deed of Trust, Mortgage · Commercial Mortgage
BANK OF SPRINGFIELD
Oct 22, 2020Deed of Trust, Mortgage · Commercial Mortgage
STATE STREET BANK & TRUST CO
Feb 13, 2020Warranty Deed, Transfer · Commercial Mortgage
STATE STREET BANK & TRUST CO

Assessor's Deed Record

Deed NamesName on Deed
Last SaleFeb 13, 2020 · Amount on Record
Deed SaleFeb 13, 2020 · Amount on Record
Deed Document Number20201082
Record UpdatedSep 20, 2026

July 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionADAMS IL
Recording DateJul 30, 2026
Property Address2040 CHERRY ST, QUINCY, IL 62301-2210
Document Number0000004624
Instrument DateJul 15, 2026
Instrument20264624
Transaction TypeMortgage
Record UpdatedAug 11, 2026
Title CompanyNONE LISTED ON DOCUMENT

Transaction

Tax$0.00
Additional
  • Multiple Parcels

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipLimited Liability Partnership, 266

Mortgage

Document Number0000004624,
DateJul 30, 2026
Instrument20264624
Lender
NameSTATE BANK AND TRUST COMPANY
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Interest
Rate6.47%
Max Rate-1%

January 2024: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionADAMS IL
Recording DateJan 18, 2024
Property Address2040 CHERRY ST, QUINCY, IL 62301-2210
Document Number2024R00342
Instrument DateJan 4, 2024
Instrument2024R-00342
Transaction TypeTransfer
Record UpdatedJan 31, 2024
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2148 HIGHWAY 104, LIBERTY, IL 62347-3017

September 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionADAMS IL
Property Address2040 CHERRY ST, QUINCY, IL 62301-2210
Transaction TypeMortgage
Record UpdatedOct 5, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2022R06768
DateSep 19, 2022
Instrument2022R-06768
Lender
NameSTATE STREET BANK & TRUST CO
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

June 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionADAMS IL
Property Address2040 CHERRY ST, QUINCY, IL 62301-2210
Transaction TypeMortgage
Record UpdatedJul 21, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2021R06291
DateJun 29, 2021
Instrument2021R-06291
Lender
NameSTATE STREET BANK & TRUST CO
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

November 2018: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionADAMS IL
Property Address2040 CHERRY ST, QUINCY, IL 62301-2210
Transaction TypeMortgage
Record UpdatedFeb 5, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2018R09016
DateNov 15, 2018
Instrument2018R-09016
Lender
NameBANK OF SPRINGFIELD
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Term36 Months
DueDec 1, 2021
Interest
Rate TypeFixed Rate

October 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionADAMS IL
Property Address2040 CHERRY ST, QUINCY, IL 62301-2210
Transaction TypeMortgage
Record UpdatedNov 4, 2020

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number2020R10324
DateOct 22, 2020
Instrument2020R-10324
Lender
NameSTATE STREET BANK & TRUST CO
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

February 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionADAMS IL
Recording DateFeb 13, 2020
Property Address2040 CHERRY ST, QUINCY, IL 62301-2210
Document Number2020R01082
Instrument DateFeb 7, 2020
Instrument2020R-01082
Transaction TypeTransfer
Record UpdatedOct 25, 2021

Transaction

AmountAmount Recorded
Tax$120.00
Amount AccuracyCalculated from Transfer Tax
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address9506 COUNTY ROAD 410, HANNIBAL, MO 63401-6534

Mortgage

Document Number2020R01083
DateFeb 13, 2020
Instrument2020R-01083
Lender
NameSTATE STREET BANK & TRUST CO
Agreement
TypeCommercial Mortgage
AmountAmount Recorded
Interest
Rate TypeFixed Rate

Tax Assessment & Valuation

Source: Adams County assessment roll, as of May 4, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyAdams County
County SubdivisionQuincy Township
MunicipalityQuincy City
Unified School DistrictQuincy School District 172 (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$156,910 (+59.95%) Land $6,570 Building $150,340$470,730 (+59.95%) Land $19,710 Building $451,020
2024$9,951.00 (+441.7%)
2022$98,100 Land $5,370 Building $92,730$294,300 Land $16,110 Building $278,190
2021$1,837.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective July 23, 2018

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemQUINCY
serves 42,000 people · EPA ID IL0010650
Water SourceSurface water
Last State InspectionAug 2025
LeadUnder 1 ppb (2026–2028)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 572 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
1,200 / 35
Adams Telsystems
Fiber
1,000 / 1,000
Verizon
Fixed Wireless
300 / 20
AT&T
Fixed Wireless
100 / 20

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