Apartment Building

Macomb, IL Apartment Buildings for Sale

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6 properties
10-Unit Multifamily Investment Property
Updated: Jun 2
10-Unit Multifamily Investment Property

605 Orchard Street, Macomb, IL 61455

$450,000
0.64 AC lot
10‑unit multifamily property built in 2006 near Western Illinois University in Macomb
Unit mix includes 7 three‑bedroom/one‑bath units, 1 two‑bedroom/one‑bath unit, 1 one‑bedroom/one‑bath unit, and 1 studio unit
Current rents range from approximately $600 to $750 per month based on unit size and configuration
Currently approximately 90% occupied, with anticipated full occupancy by August
Staggered lease expiration dates help reduce turnover concentration and vacancy exposure
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Two-Building Multifamily Investment
Updated: Jun 2
Two-Building Multifamily Investment

605 W ORCHARD ST, Macomb, IL 61455

$450,000
9,854 sqft
10‑unit multifamily property with mixed student and young professional tenants, located just blocks from Western Illinois University in Macomb.
Two adjacent buildings on two PINs totaling approx. 0.64 acres: 2006 building (~7,200 SF) plus smaller building (~2,384 SF).
Unit mix includes seven 3BR/1BA units, plus one 2BR/1BA, one 1BR/1BA, and one studio unit.
Current rents approx. $600–$750 per month by unit size; property is approx. 90% occupied with expected full occupancy by August.
Staggered lease expirations help reduce turnover concentration; ownership pays water and garbage and tenants are billed for electric and gas.
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24-Building Apartment Complex
24-Building Apartment Complex

900 Wigwam Hollow Road, Macomb, IL 61455

$3,400,000

Apartment complex offering 105 units across 24 buildings, with in-unit stove, refrigerator, washer, and dryer.

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100-Unit Apartment Portfolio
100-Unit Apartment Portfolio

369 Eggers Dr, Macomb, IL 61455

$3,100,000

A 100-unit apartment portfolio with one-, two-, three-bedroom units and one four-bedroom single-family house.

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Mixed-Use Brick Building with Retail
Mixed-Use Brick Building with Retail

202 N LAFAYETTE Street, Macomb, IL 61455

$225,000

Two-story brick building with four contiguous lower-level retail spaces and five second-floor residential apartments.

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10-Unit Multifamily Investment Property
10-Unit Multifamily Investment Property

605 West Orchard Drive, Macomb, IL 61455

$450,000

A 10-unit mix of studios through three-bedrooms, currently about 90% occupied with staggered lease expirations.

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 6 Active listings in Macomb, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Building Apartment Complex
Multi-Building Apartment Complex

219 S F St, La Harpe, IL 61450

$399,900
10,296 sqft

12-unit complex in three buildings with separate electric meters, water service, baseboard heat, and window A/C.

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La Harpe Multifamily Investment
La Harpe Multifamily Investment

219 S F Street, La Harpe, IL 61450

$399,900

Twelve-unit apartment complex in excellent condition, generating rental income.

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Monmouth Multifamily Investment Opportunity
Monmouth Multifamily Investment Opportunity

211 W Broadway, Monmouth, IL 61462

$140,000

Five-unit multifamily property in Monmouth, Illinois with value-add potential.

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Monmouth Multifamily Investment Opportunity
Monmouth Multifamily Investment Opportunity

313 E Broadway, Monmouth, IL 61462

$160,000

Five-unit multifamily property in Monmouth, Illinois with value-add potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in Macomb, IL

Consider similar Off-Market properties in Macomb, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

311 University Dr
Multifamily properties

311 University Dr, Macomb, IL 61455

Value Estimation by Request
0.83 AC lot
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404 Adams Rd
Multifamily properties

404 Adams Rd, Macomb, IL 61455

Value Estimation by Request
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209 Charleston Blvd
Multifamily properties

209 Charleston Blvd, Macomb, IL 61455

Value Estimation by Request
30,240 sqft
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Macomb, IL Apartment Buildings Market Trends and Statistics

Explore 9 apartment buildings for sale in Macomb, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 9,854 square feet of properties for sale, with an estimated market value of $450,000.

Sale prices for two-family homes in Macomb, IL start at $450,000, averaging $450,000, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 18K
Population Growth (5Y) -15.4%
Median Household Income $45,048
College Educated 59.3%

High-Yield Neighborhoods for Investment

Identify Macomb submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61455 $450K

Taxes & Financing

Tax Rate (average for all types) 10.89%
Property Tax per SF $9.48 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McDonough County

New Delisted

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