Property profile

211 Broadway Monmouth, IL 61462

OFF-MARKET
Other commercial real estate
Property ID
US28-3658200
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This five-unit multifamily property is located in Monmouth, Illinois, near Monmouth College, on Broadway in a well-maintained area with sidewalks. The building contains one- and two-bedroom apartments, each with one bathroom. Off-street parking is provided via a driveway with access to a grass lot, along with street-side parking. The apartments are configured to support rental occupancy, and the property is positioned within the vicinity of a recently renovated town center area that includes a large roundabout. Monmouth is approximately 22 minutes from Galesburg, Illinois, and about one hour from Peoria, Illinois, and Davenport, Iowa, placing the property within reach of regional infrastructure.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
APN 09-205-156-00
UPID US28-3658200

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor

Location

211 Broadway Monmouth, IL 61462-1868
Monmouth metro Census 870500 GALESBURG, IL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

since 2024
Last sale
$30,000
3 recorded transactions
2024
Price N/A
2024
$30,000
2015
$52,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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