$299,000
$51K PRICE DROP

605 W Orchard St Macomb, IL 61455

Estimated payment $2,680/month

Total Views 19,042
12 Beds
-- Bath
7,200 Sq Ft
$42 Price per Sq Ft

About This Home

Located within walking distance of WIU, this seven-unit apartment building was built in 2006. It has six 3-bedroom apartments; three are rented at $725 a month, with leases ending May 31, 2026, one ends in May, 2025. Two 3-bedroom units are currently vacant at this time. We also have one studio apartment that rents at $550 a month, ending May, 2026. Tenants pay all utilities but water. A laundry room with coin laundry is in a common area, bringing added income, lots of off-street parking. The owner has an onsite shop/storage room. Also, for sale next door to this property is a triplex, listed at $199k, the seller would do a package deal on both properties. Lots of potential for more income, and priced to sell!

Listing Agent

Steve Silberer

C21 Purdum-Epperson Inc License #471004172 Listed on: 03/31/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,750

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 100x170
  • Level Lot

Parking

  • 21 Parking Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 12 Bedrooms
  • 7,200 Sq Ft Home
  • Crawl Space

Schools

  • Macomb High School

Utilities

  • Central Air

Community Details

  • Macomb Subdivision
  • Trash Expense $120

Listing and Financial Details

  • Assessor Parcel Number 11-100-844-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,750

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 2006
  • New Construction: No
  • Structure Type: Apartment Building
  • PricePerSqFt: 41.53
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Total Bedrooms: 12

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Guest
  • Total Parking Spaces: 21

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Electric Expense: 177
  • Water Sewer Expenses: 190
  • Laundry Features: Common Area, Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 8
  • NumberOfHeatingUnits: 8
  • NumberOfCentralAirUnits: 8
  • NumberOfGasMeters: 0
  • NumberOfElectricMeters: 8
  • NumberofWaterMeters: 1
  • NumberOfRanges: 7
  • NumberofRefrigerators: 7
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No
  • DevelopmentName: AUGUST VALLEY

Fee Information

  • Trash Expense: 120
  • AdvertisingExpense: 0

Schools

  • High School: Macomb

Lot Info

  • Lot Size: 100X170
  • Parcel #: 11-100-844-00

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Variable

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12750.32
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 2000
  • Annual Operating Expense: 487

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Price Changed $299,000 -8.0% $42 / Sq Ft
09/25/2024 09/25/24 Price Changed $325,000 -7.1% $45 / Sq Ft
03/31/2024 03/31/24 For Sale $350,000 -- $49 / Sq Ft
Source: RMLS Alliance

Similar Home in Macomb, IL

  • 1613 W Adams Rd, Macomb, IL 61455

    $256,000

    • 11 Beds
    • 6,000 Sq Ft
    • 1613 W Adams Rd
    • Macomb, IL

    THIS TRIPLEX LOCATED CLOSE TO WIU BUILT IN 2010 HAS TWO 4 BEDROOMS, 3 BATH UNITS AND ONE 3 BEDROOM, 3 BATH UNIT. GREAT LIVING SPACE AND LARGE LOT WITH EXTRA LOT TO BUILD MORE UNITS.

    Steve Silberer C21 Purdum-Epperson Inc

    Section Image

Source: RMLS Alliance

MLS Number: PA1249239

RMLS Alliance