Multifamily

Monmouth, IL Multifamily Properties for Sale

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Roseville, IL Galesburg, IL Carbondale, IL Abingdon, IL Oquawka, IL Stronghurst, IL East Galesburg, IL Knoxville, IL
5-Unit Apartment Building
Updated: Nov 13, 2021
5-Unit Apartment Building

302 West Broadway, Monmouth, IL 61462

$178,000
0.25 AC lot
Five apartments: four one‑bedroom units and one two‑bedroom unit
Stove and refrigerator in every apartment
Two forced‑air furnaces and two 40‑gallon water heaters
Updated electrical panels serving all apartments
0.25‑acre lot measuring 82.5 by 132 feet
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Monmouth, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Four-Bedroom Multifamily Property
Four-Bedroom Multifamily Property

106 Lincoln Street, Galesburg, IL 61401

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10.00 AC lot

Residential property with a basement, garage, natural-gas heating, and public water and sewer service.

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5-Unit Apartment Building
5-Unit Apartment Building

200 N JEFFERSON ST, Abingdon, IL 61410

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3,360 sqft

Fully occupied apartment complex with five rental units in good condition.

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Five-Unit Apartment Building
Five-Unit Apartment Building

200 N Jefferson Street, Abingdon, IL 61410

$119,900

Fully occupied apartment property with a multi-unit configuration in Abingdon.

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Two-Unit Duplex Property
Two-Unit Duplex Property

853 N Cedar Street, Galesburg, IL 61401

Contact for pricing

Residential duplex with a two-bedroom apartment and a separate studio layout.

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Monmouth, IL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Monmouth, IL on our real estate platform.

Sale prices for multifamily properties in Monmouth, IL average $178,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 11K
Population Growth (5Y) -7.7%
Median Household Income $62,190
College Educated 28.8%

High-Yield Neighborhoods for Investment

Identify Monmouth submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61462 $178K

Taxes & Financing

Tax Rate (average for all types) 7.56%
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

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