Multifamily

Monmouth, IL Multifamily Properties for Sale

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Five-Unit Apartment Building
Updated: Nov 13, 2021
Five-Unit Apartment Building

302 West Broadway, Monmouth, IL 61462

$178,000
0.25 AC lot
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
Updated electrical boxes for all apartments
Two GFA furnaces and two 40‑gallon water heaters
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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.

Historic Quadplex with River Views
Historic Quadplex with River Views

1031 N 4Th Street, Burlington, IA 52601

$70,000
6,034 sqft 0.22 AC lot

Historic brick-and-wood property with original fireplaces, hardwood floors, and crown molding.

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Duplex with Private In-Unit Laundry
Duplex with Private In-Unit Laundry

752 N Cherry St, Galesburg, IL 61401

$95,000
3,401 sqft

Two units in a duplex with separate utilities and private laundry for each level.

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Two-Unit Duplex with Detached Garage
Two-Unit Duplex with Detached Garage

772 Monmouth Boulevard, Galesburg, IL 61401

$57,500

Up-and-down duplex with separate living spaces, paved parking, and a detached garage for storage.

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Historic Multifamily Property
Historic Multifamily Property

1031 N 4Th Street, Burlington, IA 52601

Contact for pricing

R-4-zoned property with historic interior details and an additional 3-bedroom unit on the Iowa Street side.

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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%

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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