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10-Unit Multifamily Property
For Sale
Under Contract
$450,000

605 Orchard Street, Macomb, IL 61455

Commercial Sale, Macomb, IL

Property SizeContact for details
Lot Size0.64 Acres
Days on Market92

Property Features for 605 Orchard Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Directions Stadium to Orchard. Listing is at corner of Orchard and Avery.
Subdivision Macomb
Standard status Active Under Contract
APN 11100845000000
Lot size 0.64 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12660

Building Details

Year built 2006
Floors in Building 2
Number of units 10
Listing Agency: MR. LANDMAN
Listed By: Jon Fisher · License #RB18000549
Added: Jun 2 Changed: Aug 20 Last Checked: Sep 1 at 11:06PM
MLS# 12665610

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2006, this multifamily property contains 10 residential units on 0.64 acres in Macomb. The configuration includes seven three-bedroom, one-bath units, along with one two-bedroom, one-bath unit, one one-bedroom, one-bath unit, and one studio. The property is zoned MULTI.

The asset is located just blocks from Western Illinois University and accommodates a tenant mix of students and young professionals. Approximately 90% of the units are occupied, with lease expiration dates distributed across different periods rather than concentrated at one time. The property’s proximity to the university and its varied unit layouts provide clear context for its existing residential rental profile.

Key Highlights

  • 10‑unit multifamily property built in 2006
  • Unit mix includes 7 three‑bedroom units, 1 two‑bedroom unit, 1 one‑bedroom unit, and 1 studio
  • Approximately 90% occupied

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Auto Parts Store Electrical Service Dental Office Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
90%
Occupancy

Location Intelligence

Trade Area within ½ mile

806
Businesses Nearby

Demographics for 61455, IL

17,630
Population
8,682
Households
2
Avg Household Size
32
Median Age
39%
College-Educated
95%
High-School Grad
162.5 sq mi
ZIP Area
108
Density / Sq Mi
$45,048
Median Household Income
$19,778
Median Earnings
$739
Median Rent
$117,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property near Western Illinois University with varied unit layouts and staggered lease expirations.
Where is this apartment building located?
The property is located at 605 Orchard Street Macomb, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 10‑unit multifamily property built in 2006; Unit mix includes 7 three‑bedroom units, 1 two‑bedroom unit, 1 one‑bedroom unit, and 1 studio; Approximately 90% occupied
More about this property
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