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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
$ 120,000
ROI
32.9
Cash Flow/m
438- 9 Bed
- 6 Bath
- 4044 sft
606 W Carroll St, Macomb, IL, 61455
Currently Rented
$ 115,000
ROI
26.4Cash Flow/m
212- 4 Bed
- 3 Bath
- 1772 sft
622 1/2 N Albert St, Macomb, IL, 61455
$ 130,000
ROI
21.4Cash Flow/m
59- 4 Bed
- 4 Bath
- 2880 sft
309 W Adams St, Macomb, IL, 61455
$ 129,900
ROI
55.7Cash Flow/m
1298- 5 Bed
- 4 Bath
- 2468 sft
510 W Murray 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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