605 W ORCHARD ST Active Save Request In-Person Tour Request Virtual Tour
Macomb,IL 61455
Key Details
Property Type Single Family Home
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $38
Subdivision Macomb
MLS Listing ID PA1249239
Year Built 2006
Annual Tax Amount $12,750
Tax Year 2024
Property Sub-Type Residential Income
Property Description
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 $750 a month, with leases ending in July 2026, and one 3 bedroom is leased at $750 a month, ends in May 2026. One 3-bedroom apartment is leased at $750 a month, ending Feb 2026. And a 3-bedroom apartment is leased at $500 a month ending Dec 2025. 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, and there is lots of off-street parking. The owner has an on-site shop/storage room. Also, for sale next door to this property is a triplex, listed at $179k; the seller would do a package deal on both properties. Lots of potential for more income, and priced to sell!
Location
State IL
County Mcdonough
Area Paar Area
Interior
Heating Electric
Cooling Central Air
Laundry Common Area,Owned Equipment
Exterior
View true
Roof Type Shingle
Building
Lot Description Level
Foundation Concrete Perimeter
Water Public Sewer,Public
Structure Type Vinyl Siding
New Construction false
Schools
High Schools Macomb