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
0.25‑acre lot measuring 82.5 X 132
Roof replaced within the last 3‑4 years
Updated electrical boxes in all apartments
Two GFA furnaces and two 40‑gallon water heaters
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Monmouth, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

5-Unit Apartment Building
5-Unit Apartment Building

200 N JEFFERSON ST, Abingdon, IL 61410

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3,360 sqft

Fully occupied apartment complex with five rental units in good condition.

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Five-Unit Apartment Building
Five-Unit Apartment Building

200 N Jefferson Street, Abingdon, IL 61410

$119,900

Fully occupied apartment property with a multi-unit configuration in Abingdon.

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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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12-Unit Apartment Complex
12-Unit Apartment Complex

219 S F Street, La Harpe, IL 61450

$399,900

Three 2020 buildings provide separately metered apartments with dedicated laundry rooms and individual baseboard heating.

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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%

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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