5-Unit Apartment
For Sale
$178,000
302 West Broadway, Monmouth, IL 61462
Business Opportunity, Monmouth, IL
Property SizeContact for details
Lot Size0.25 Acres
Days on Market1778
Property Features for 302 West Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 5, Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
High school district
District 238
Standard status
Active
APN
09-245-057-00
Lot size
0.25 Acres
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Roof type
Asphalt
Listing Agency:
Monmouth Farm and Home Realty LLC
(309) 734-6600
Listed By:
Mark A Richardson
(309) 221-8226
Added: Nov 13, 2021
Changed: Sep 22
Last Checked: Sep 26 at 6:06PM
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.
Investment Insights
Based on property information with market context.
Built in 1900, this five-apartment property at 302 West Broadway includes four one-bedroom units and one two-bedroom unit. Each apartment is equipped with a stove and refrigerator. The building has vinyl siding, an asphalt roof replaced within the last 3-4 years, two GFA furnaces, and two 40-gallon water heaters. Electrical boxes have been updated throughout the apartments, and public water serves the property.
The building occupies a 0.25-acre lot measuring 82.5 X 132. Its Monmouth setting is a few blocks from the downtown square, with restaurants, the public library, grocery and pharmacy services, the courthouse, and city hall identified nearby. Additional information regarding each apartment is available.
The building occupies a 0.25-acre lot measuring 82.5 X 132. Its Monmouth setting is a few blocks from the downtown square, with restaurants, the public library, grocery and pharmacy services, the courthouse, and city hall identified nearby. Additional information regarding each apartment is available.
Key Highlights
- 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
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
525
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Five apartments offer a mix of four one-bedroom layouts and one two-bedroom residence near downtown Monmouth amenities.
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; 0.25‑acre lot measuring 82.5 X 132; Roof replaced within the last 3‑4 years
