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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Macomb, IL
Currently Rented
Listed for sale 4 days ago
$ 150,000
ROI
26.5
Cash Flow/m
280- 6 Bed
- 4 Bath
- 1872 sft
602 N Charles St #2, Macomb, IL, 61455
$ 150,000
ROI
24.4Cash Flow/m
194- 4 Bed
- 4 Bath
- 1680 sft
606-612 N McArthur St, Macomb, IL, 61455
Currently Rented
Rental Income
$ 155,000
ROI
26.2Cash Flow/m
277- 9 Bed
- 3 Bath
- 3024 sft
308 W Adams St #3, Macomb, IL, 61455
$ 124,900
ROI
25.2Cash Flow/m
190- 6 Bed
- 3 Bath
- 2432 sft
320 N McArthur St, Macomb, IL, 61455
Why Invest in Macomb, Illinois?
Investing in multifamily properties in Macomb, IL offers promising returns. With a growing rental market, expected appreciation rates are around 4% annually. The area boasts an average rental yield of 7% and a cap rate of 8%, making it an attractive option for investors.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for multifamily properties in Macomb is around $1,200 per month, providing a solid investment opportunity.
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