Five-Unit Apartment
For Sale
$178,000
302 West Broadway, Monmouth, IL 61462
COMMERCIAL - Monmouth, IL
Property SizeContact for details
Lot Size0.25 Acres
Days on Market1732
Property Features for 302 West Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 5, 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) 734-6600
Added: Nov 13, 2021
Changed: Aug 11
Last Checked: Aug 11 at 9:06PM
MLS# 11041977
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Investment Insights
Based on property information with market context.
This 5-unit apartment property includes four one-bedroom residences and one two-bedroom residence. Each apartment is equipped with a stove and refrigerator. Building improvements include updated electrical boxes serving all units, two GFA furnaces, two 40-gallon water heaters, vinyl siding, and an asphalt roof replaced within the last 3-4 years. The property was built in 1900 and uses public water.
The apartment house occupies a 0.25-acre lot measuring 82.5 X 132. Its address is 302 West Broadway in Monmouth, Illinois, a few blocks from the downtown square. Restaurants, the public library, grocery and pharmacy services, the courthouse, and city hall are all identified nearby.
The apartment house occupies a 0.25-acre lot measuring 82.5 X 132. Its address is 302 West Broadway in Monmouth, Illinois, a few blocks from the downtown square. Restaurants, the public library, grocery and pharmacy services, the courthouse, and city hall are all identified nearby.
Key Highlights
- 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
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
95
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five apartments with updated electrical service, individual appliances, and shared forced-air heating improvements.
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: 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
