605 Orchard Street Macomb, IL $ 450,000
605 Orchard Street
$ 450,000
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605 Orchard Street

Macomb, IL, 61455
$ 450,000
Baths0.0

Monthly Estimate*

$ 2,771

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Studio

Multi-Family Home for sale in Macomb, IL

for $450,000. This home was built in 2006 on a lot size of 0.64.

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.

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Multi-Family Active

Price

$ 450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 12,660

Style

Lot Size

0.64

Year Built

2006

Town/City

Macomb

County/Region

McDonough

MLS | Web ID

12665610

Features
General
Zoning MULTI
Year Built 2006
Stories Count 2
Township Macomb City
Tax Year 2024
Gross Income 67650
Additional Parcels Description 11100844000000
County McDonough
Net Operating Income 45125
Operating Expense 22525
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions Stadium to Orchard. Listing is at corner of Orchard and Avery.
City Macomb
Number Of Units Total 10
MLS Area Macomb
Tax Annual Amount 12660
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Lot Dimensions 172 x 162
Lot Size Acres 0.64
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* Excluded Features
List By
Mr. Landman

Broker

jonfisher1991@gmail.com

Email

Affordability Calculator

$3,826
Per Month
72%
28%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$1,055
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/2/2026$450,000 Listed Price

Map


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605 Orchard Street, Macomb, IL, 61455 is a Multi-Family Home for sale at $450,000 with a lot size of 0.64. 605 Orchard Street is a studio with 0.0 baths and was built in 2006. The property's zip code is 61455 which is in Macomb, IL