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601-605 W Orchard St
Macomb, IL 61455
Multifamily Property For Sale
·
7 Units
Investment Highlights
- Walking distance to WIU
Executive Summary
Located within walking distance to WIU, this seven-unit apartment building, built in 2006, is currently rented. It has six 3-bedroom apartments, three of which are rented at $750 per month, with leases ending in July 2026. One three-bedroom unit is leased at $750 a month, with a lease that ends in May 2026. One three-bedroom unit is leased at $750, with the lease ending in February 2026, and the last three-bedroom unit is leased at $500 per month, ending in December 2025. We also have one studio apartment that is currently leased and rents for $500 per month, with the lease ending on May 31, 2026. Tenants pay all utilities but water. A laundry room with coin-operated laundry is located in a common area, generating added income, lots of off-street parking. The owner has an on-site shop/storage room that could be turned into another apartment. Also available next to this property is a triplex listed for sale at $179,000, seller would bundle.
Property Facts
| Price Per Unit | $54,487 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.64 AC |
| No. Units | 7 | Building Size | 7,200 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 2006 |
| Price Per Unit | $54,487 CAD |
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.64 AC |
| Building Size | 7,200 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 2006 |
Amenities
Unit Amenities
- Heating
- Kitchen
- Hardwood Floors
- Tub/Shower
Site Amenities
- 24 Hour Access
Property Taxes
| Parcel Numbers | Improvements Assessment | $208,046 CAD | |
| Land Assessment | $6,111 CAD | Total Assessment | $214,157 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$6,111 CAD
Improvements Assessment
$208,046 CAD
Total Assessment
$214,157 CAD
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