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    Monmouth, IL
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    Monmouth, IL Apartment Buildings for Sale

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

    302 West Broadway, Monmouth, IL 61462

    $178,000
    0.25 AC lot
    5‑unit apartment building with four 1‑bedroom apartments and one 2‑bedroom apartment
    0.25‑acre lot measuring 82.5 X 132
    Asphalt roof replaced within the last 3‑4 years
    Updated electrical boxes for all apartments
    Two GFA furnaces and two 40‑gallon water heaters
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Monmouth, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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

    Contact for pricing
    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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    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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    12-Unit Apartment Building with Laundry Rooms
    12-Unit Apartment Building with Laundry Rooms

    219 S F Street, La Harpe, IL 61450

    $399,900

    12-unit apartment building in excellent condition with separate electric meters and water plus laundry rooms in each building.

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    10-Unit Multifamily Property
    10-Unit Multifamily Property

    601 W Orchard Dr, Macomb, IL 61455

    Contact for pricing

    Ten units across two buildings in central Macomb, within walking distance of Western Illinois University.

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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.

    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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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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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 two-family homes 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%

    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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