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Four-Unit Quadplex with Storage Garage
New
For Sale
$140,000

525 S LAFAYETTE Street, Macomb, IL 61455

Residential Income, Macomb, IL

Property SizeContact for details
Days on Market3

Property Features for 525 S LAFAYETTE Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 6, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 3
Parking 4
Parking features On Street, Guest, Alley
Basement Finished
Subdivision Macomb
Lot features Level
High school Macomb
Directions Head South on HWY 67, continue onto Lafayette, home is on left side of street
Standard status Active
APN 11-400-016-00

Taxes and HOA fees

Tax Year 2025
Tax Description S6 T5 R2 LOT 6 SUB W 1/2 NW
Tax Annual Amount 1710
Legal Description S6 T5 R2 LOT 6 SUB W 1/2 NW

Utilities

Sewer type Private Sewer
Heating system Electric (Heating), Forced Air, Natural Gas
Water source Private

Building Details

Year built 1920
Number of units 4
Building materials Wood Siding
Roof type Shingle
Listing Agency: C21 Purdum-Epperson Inc · Century 21 Real Estate
Listed By: Stephanie Green
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 11 at 6:06AM
MLS# PA1270043

Copyright © 2026 RMLS Alliance. 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.

This 1920-built quadplex contains four residential units and includes a separate garage that is rented for storage. The property has wood siding, a shingle roof replaced in 2024, and heating systems including electric, forced air, and natural gas. Parking is available through alley access, guest parking, and on-street spaces.

The property is served by private water and a private sewer system. Each unit includes bedrooms and a bathroom, with the recorded room inventory identifying six bedrooms and four bathrooms overall. All four units are consistently rented, and tenants handle their own utilities.

Key Highlights

  • Four residential units are consistently rented
  • Garage is rented separately for storage
  • Shingle roof replaced in 2024

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,018
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
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

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

What type of property is this?
Quadplex - All four residences are occupied, with utility costs handled by tenants.
Where is this quadplex located?
The property is located at 525 S LAFAYETTE Street Macomb, IL.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Four residential units are consistently rented; Garage is rented separately for storage; Shingle roof replaced in 2024
More about this property
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