Zoocasa Realty Inc., Brokerage

605 W Orchard St, Macomb, IL

Name: 605 W Orchard St, Other in Macomb - Zoocasa
Brand: MR. LANDMAN
SKU: 12665610
Price: 450000 USD

House

Other

Listed price in listed location currency (USD).

$450,000

000

MLS® 12665610

Overview

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes $12,660

Days Active 119

Lot Size 0.64 Acres

Approx. Age 2006

MLS® Number 12665610

Property Address: 605 W Orchard St, Macomb, IL, 61455-1197

Average square foot calculated using Size range provided by listing agent.

Description

This 10-unit multifamily investment opportunity is located just blocks from Western Illinois University in Macomb and currently serves a mix of both student and young professional tenants. With strong rental demand generated by WIU and surrounding employers, the property offers investors stable cash flow and long-term upside potential. The property consists of the following unit mix: * 7) Three Bedroom / One Bathroom Units * 1) Two Bedroom / One Bathroom Unit * 1) One Bedroom / One Bathroom Unit * 1) Studio Unit Current rental rates range from approximately $600 to $750 per month depending upon unit size and configuration. The property is currently approximately 90% occupied with ownership anticipating the property being fully occupied by August. Lease expiration dates are staggered, helping reduce turnover concentration and minimizing vacancy exposure. The property currently houses both students and young professionals, creating a diversified tenant base rather than relying solely upon student housing demand.

MLS® Number12665610

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age2006

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

MLS® Compliance Statements
Tony King – Designated Managing Broker, Broker Operations – TX.
Texas Real Estate Commission information about brokerage services
Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice→

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More→

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
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