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Three-Unit Apartment Building
New
For Sale
$155,000

308 W Adams Street #3, Macomb, IL 61455

Well-maintained apartment complex with three residential units and ample parking near Western Illinois University.

Days on Market4

Property Features for 308 W Adams Street #3

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Business Included No
Multifamily Units 3

Building Details

Year Built 1940
Tenancy Multi
Listing Agency: CENTURY 21 Tucker Swanson
Listed By: Bradley Hix · License #RMA15134
Source: Brysonsmithteam
Added: Jul 27 Changed: Jul 28 Last Checked: Jul 30 at 3:15AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Tucker Swanson

Investment Insights

Based on property information with market context.

This well-maintained three-unit apartment building is positioned as an income-producing residential property. The complex includes three residential units with attractive layouts, along with professionally managed grounds and ample parking for tenants and guests.

The property is located near Western Illinois University and offers convenient access to shopping, dining, schools, and major transportation routes.

For additional due diligence, including the current rent roll, operating expenses, and financials, contact the listing agent.

Key Highlights

  • Apartment complex built in 1940 with 3 residential units
  • Well‑maintained property with professionally managed grounds
  • Ample parking on‑site

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Electrical Service Grocery & Convenience Store Computer & Electronic Repair Locksmith (Bike/Boat/Book/etc) Store

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

953
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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Well-maintained apartment complex with three residential units and ample parking near Western Illinois University.
Where is this triplex located?
The property is located at 308 W Adams Street #3 Macomb, IL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Apartment complex built in 1940 with 3 residential units; Well‑maintained property with professionally managed grounds; Ample parking on‑site
More about this property
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