Apartment Building

Monmouth, IL Apartment Buildings for Sale

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5-Unit Apartment Building
Updated: Nov 13, 2021
5-Unit Apartment Building

302 West Broadway, Monmouth, IL 61462

$178,000
0.25 AC lot
Five apartments: four one‑bedroom units and one two‑bedroom unit
Stove and refrigerator in every apartment
Two forced‑air furnaces and two 40‑gallon water heaters
Updated electrical panels serving all apartments
0.25‑acre lot measuring 82.5 by 132 feet
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1 active listing matches your search: Apartment Building for sale in Monmouth, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

18-Unit Brick Apartment Portfolio
18-Unit Brick Apartment Portfolio

2505 15th Street, Rock Island, IL 61201

$1,200,000
18 units  3,536 sqft  3 buildings  Built 1952  brick
Transit access

Three buildings include varied apartment layouts, detached garages, off-street parking, and on-site laundry.

9 x 2BR apartments  6 x 1BR apartments  3 x efficiency  On-site laundry
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18-Unit Brick Apartment Portfolio
18-Unit Brick Apartment Portfolio

2505 15th St, Rock Island, IL 61201

$1,200,000
18 units  3 buildings  brick
Transit access

Three brick buildings offer on-site laundry, detached garages, and additional off-street parking.

9 x 2BR  6 x 1BR  3 x efficiency  On-site laundry
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Three-Level Furnished Apartment Building
Three-Level Furnished Apartment Building

720 Wigwam Hollow Rd, Macomb, IL 61455

$400,000
7,875 sqft  1 building  3-story  Built 1974  Furnished

Furnished rooming property near Western Illinois University with shared living, dining, kitchen, laundry, and bathroom areas.

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10-Unit Multifamily Property
10-Unit Multifamily Property

605 Orchard Street, Macomb, IL 61455

$450,000
10 units  Built 2006  0.64 acres
90% occupied

Multifamily property near Western Illinois University with varied unit layouts and staggered lease expirations.

7 x 3BR/1BA  1 x 2BR/1BA  1 x 1BR/1BA  1 x studio
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Monmouth, IL Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Monmouth, IL on our real estate platform.

Sale prices for apartment complexes in Monmouth, IL average $178,000 — 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 11K
Population Growth (5Y) -7.7%
Median Household Income $62,190
College Educated 28.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61462 $178K

Taxes & Financing

Tax Rate (average for all types) 7.56%
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

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