10-Unit Multifamily
For Sale
$450,000
605 Orchard Street, Macomb, IL 61455
A varied unit mix ranges from studio accommodations to three-bedroom apartments.
Property SizeContact for details
Days on Market150
Property Features for 605 Orchard Street
General Information
Standard status
Active
Property subtype
Commercial
Zoning
MULTI
Occupancy
90%
Units
Unit Mix
7 x 3BR/1BA, 1 x 2BR/1BA, 1 x 1BR/1BA, 1 x Studio
Multifamily Units
10
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$12,660
Building Details
Year Built
2006
Stories
2
Units
10
Listing Agency:
MR. LANDMAN
Listed By:
Jon Fisher · License #B68919000
(217) 202-0924
Source:
Fishmangroup
Added: Jun 2
Changed: Oct 25
Last Checked: Oct 26 at 3:49AM
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 MR. LANDMAN
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Investment Insights
Based on property information with market context.
This 10-unit apartment property in Macomb was built in 2006 and is zoned MULTI. Its configuration includes seven three-bedroom, one-bathroom apartments, along with two-bedroom, one-bedroom, and studio units. Occupancy is approximately 90%, and the resident mix includes students and young professionals.
The property is located a few blocks from Western Illinois University at 605 Orchard Street. Staggered lease expiration dates distribute renewal timing across the property rather than concentrating expirations in one period.
The property is located a few blocks from Western Illinois University at 605 Orchard Street. Staggered lease expiration dates distribute renewal timing across the property rather than concentrating expirations in one period.
Key Highlights
- 10 apartments with seven 3‑bedroom/1‑bathroom units, one 2‑bedroom/1‑bathroom unit, one 1‑bedroom/1‑bathroom unit, and one studio
- Approximately 90% occupied
- Located a few blocks from Western Illinois University
Property Analytics
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Lease Details
10
Residential units
90%
Occupancy
Location Intelligence
Trade Area within ½ mile
806
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - A varied unit mix ranges from studio accommodations to three-bedroom apartments.
Where is this apartment building located?
The property is located at 605 Orchard Street Macomb, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 10 apartments with seven 3‑bedroom/1‑bathroom units, one 2‑bedroom/1‑bathroom unit, one 1‑bedroom/1‑bathroom unit, and one studio; Approximately 90% occupied; Located a few blocks from Western Illinois University
