5-Unit Apartment
302 West Broadway, Monmouth, IL 61462
For Sale
$178,000
Business Opportunity, Monmouth, IL
Property SizeContact for details
Lot Size0.25 Acres
Days on Market1824
Property Features for 302 West Broadway
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Rooms
High school district
Standard status
APN
Lot size
Utilities
Heating system
Water source
Amenities
stoves and refrigerators
Building Details
Year built
Floors in Building
Roof type
Buildings
Listing Agency:
Monmouth Farm and Home Realty LLC
Listed By:
Mark A Richardson
(309) 734-6600
Added: Nov 13, 2021
Changed: Oct 27
Last Checked: Nov 10 at 8:06PM
MLS# 11041977
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This five-unit apartment building contains four one-bedroom apartments and one two-bedroom apartment. Each residence has a stove and refrigerator. Updated electrical panels serve the apartments, and the building has two forced-air furnaces, two 40-gallon water heaters, vinyl siding, and an asphalt roof. The property was built in 1900 and sits on a 0.25-acre lot measuring 82.5 by 132 feet.
The building is at 302 West Broadway in Monmouth, a few blocks from the downtown square. Restaurants, a public library, grocery stores, a pharmacy, the courthouse, and city hall are accessible nearby.
The building is at 302 West Broadway in Monmouth, a few blocks from the downtown square. Restaurants, a public library, grocery stores, a pharmacy, the courthouse, and city hall are accessible nearby.
Key Highlights
- 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
Property Analytics
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
525
Businesses Nearby
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Business Placement
Demographics for 61462, IL
10,980
Population
4,800
Households
2.3
Avg Household Size
38
Median Age
21%
College-Educated
83%
High-School Grad
142.2 sq mi
ZIP Area
77
Density / Sq Mi
$62,190
Median Household Income
$33,346
Median Earnings
$657
Median Rent
$100,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Five apartments include a mix of one- and two-bedroom layouts, with stoves and refrigerators in every unit.
Where is this apartment building located?
The property is located at 302 West Broadway Monmouth, IL.
What is the asking price?
The asking price for this property is $178,000.
What are key features of this property?
This property features: 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
