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    Monmouth, IL Multifamily Properties for Sale

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    Cameron, IL Roseville, IL Galesburg, IL
    Monmouth Multifamily Investment Opportunity
    $160,000
    Monmouth Multifamily Investment Opportunity

    313 E Broadway, Monmouth, IL 61462

    Five-unit multifamily property in Monmouth, Illinois with value-add potential.
    • 100% occupancy provides immediate cash flow.
    • Below market average rents offer significant upside potential through strategic renovations and mark‑to‑market leasing.
    • Prime location on Broadway in a clean, well‑kept area of Monmouth, near Monmouth College.
    • Ample parking with a driveway, grass lot, and streetside options.
    • Proximity to larger cities like Galesburg, Peoria, and Davenport provides access to broader infrastructure and amenities.
    Updated: Mar 12
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    Monmouth Multifamily Investment Opportunity
    $140,000
    Monmouth Multifamily Investment Opportunity

    211 W Broadway, Monmouth, IL 61462

    Five-unit multifamily property in Monmouth, Illinois with value-add potential.
    • 100% Occupancy
    • Value‑Add Opportunity through Strategic Renovations and Mark‑to‑Market Leasing
    • Located on Main Street (Broadway) in a Desirable Area of Monmouth
    • Proximity to Monmouth College
    • Grass Lot Parking in Addition to Streetside Parking
    Updated: Mar 12
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    Monmouth Multifamily Investment Opportunity
    $240,000
    Monmouth Multifamily Investment Opportunity

    Ten-unit multifamily property in Monmouth, Illinois with value-add potential.

    315 N 1st St, Monmouth, IL 61462

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Monmouth, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Duplex with Separate Utilities
    $119,900
    2,339 SF
    Duplex with Separate Utilities

    Two-unit duplex with separate utilities and main-level laundry, featuring 3 and 2 bedroom layouts.

    1008 Ash Street, Burlington, IA 52601

    View details
    West Burlington Multifamily Investment Opportunity
    $2,795,000
    39,200 SF
    West Burlington Multifamily Investment Opportunity

    48-unit multifamily property in West Burlington, Iowa, near major retailers.

    611 West Van Weiss Boulevard, West Burlington, IA 52655

    View details
    Burlington Duplex Investment Opportunity
    $39,900
    2,114 SF
    Burlington Duplex Investment Opportunity

    Classic duplex with recent updates, ideal for investors or owner-occupants.

    420 Maple Street, Burlington, IA 52601

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    Luxury Multifamily Property in Iowa
    $1,500,000
    1,340 SF
    Luxury Multifamily Property in Iowa

    Newly constructed, fully leased multifamily property in West Burlington, Iowa.

    619 Layne Dr, West Burlington, IA 52655

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Unrestricted Land Near Route 67
    $70,000
    2.10 Acres
    Unrestricted Land Near Route 67

    2.1 acres with boundless possibilities near Jerseyville and Godfrey.

    17039 Hillside Lane, Jerseyville, IL 62052

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    Residential Lot in Wellsville, MO
    Contact for pricing
    0.17 Acres
    Residential Lot in Wellsville, MO

    Ready-to-build residential lot in a charming small town.

    412 Washington Street, Wellsville, MO 63384

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    University Park Developable Land
    Contact for pricing
    3.20 Acres
    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484

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    Land For Sale, Lakemoor, IL
    Contact for pricing
    0.12 Acres
    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051

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    Monmouth, IL Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Monmouth, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $540,000.

    Sale prices for multifamily properties in Monmouth, IL start at $140,000, averaging $180,000, and reaching up to $240,000 — 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 3

    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 $425.8K

    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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