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620 E Broadway
Monmouth IL 61462 US

$1,400,000

Active Listing ID 11686148
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18.00 Bath (18 Full)
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Lot: 0.79 Acres
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Other

$1,400,000

Active Listing ID 11686148
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620 E Broadway Excellent opportunity to acquire a fully stabilized, income-producing multifamily asset in Monmouth, Illinois. Kingstowne Apartments consists of three well-maintained buildings totaling 18 units, currently at 100% occupancy with consistent rental history. The property underwent major exterior updates in 2018, including new roofs and new siding, enhancing curb appeal and reducing long-term maintenance costs. The brick-front design provides durability and a timeless appearance. Strategically positioned across the street from Monmouth College and within close proximity to Smithfield Foods, Kingstowne Apartments benefits from a reliable tenant base. This turnkey property offers a solid return profile with room for rent growth in a stable market. Ideal for investors seeking dependable cash flow with minimal capital expenditures required. Highlights: 3 buildings | 18 total units 100% occupied with strong retention New roofs and siding (2018); brick fronts High-demand location near Monmouth College and Smithfield Foods Strong historical performance with low vacancy rates Coin laundry in each building Off street parking and carport parking options Electric service is individually metered to each unit and is not included in the building utility expenses *This property is agent owned*

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Property Features

  • Facts
  • Lot Size: 0.79 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 18
  • Cooling System: Central Air
  • Exterior Finish: Balcony
  • Floor Covering: Carpet, Linoleum
  • Roof Type: Asphalt
  • Heating Fuels: Electric (Heating), Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1400000
  • unparsedaddress: 620 E Broadway
  • postalcity: Monmouth
  • stateorprovince: IL
  • country: US
  • postalcode: 61462
  • bathroomsfull: 18
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.79
  • lotsizeunits: Acres
  • lotsizearea: 0.79
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.912195
  • longitude: -90.641095
  • listagentfullname: Carissa Doyle
  • listagentemail: carissa@doyle-realty.com
  • listagentkey: 3yd-NYSMLS-96920
  • listagentmlsid: 96920
  • listagentpreferredphone: 3097347253
  • listagentofficephone: 3097347253
  • listofficekey: 3yd-NYSMLS-6839
  • listofficemlsid: 6839
  • disclaimer: Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: NYSMLS
  • yearbuilt: 1978
  • yearbuilteffective: 1978
  • listingcontractdate: 2026-04-05
  • parcelnumber: 09-205-106-00 and 09-205-107-00
  • elementaryschooldistrict: Monmouth-Roseville CUSD 238
  • middleorjuniorschooldistrict: Monmouth-Roseville CUSD 238
  • highschooldistrict: Monmouth-Roseville CUSD 238
  • cooling: Central Air
  • constructionmaterials: Brick, Vinyl Siding
  • flooring: Carpet, Linoleum
  • heating: Electric (Heating), Forced Air
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 3
  • parkingtotal: 0
  • parkingfeatures: Garage
  • roof: Asphalt
  • waterfrontyn: False
  • exteriorfeatures: Balcony
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Laundry
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -90.6411, 40.912193
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Doyle & Associates Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"carissa@doyle-realty.com", "ListBrokerageCity":"Monmouth", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Doyle & Associates Realty, LLC", "ListBrokeragePhone":"309-734-7253", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"401 North Main St.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"401 North Main St.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Monmouth", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"61462", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Mid-rise, Multi-Unit (5+) - Monmouth, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/620-E-Broadway_Monmouth_IL_61462_M97067-63446?f=listhub&s=NYSMLS&m=11686148&c=rexren", "MLSModificationTimestamp":"2026-04-10T13:36:44Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi-Unit (5+)", "RawPropertyType":"Multi-Unit (5+)", "RoomCount":0, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":0, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/10/2026 6:04:50 PM GMT
Source Updated Date: 4/17/2026 12:44:36 PM GMT

Courtesy of: Carissa Doyle, Doyle & Associates Realty, LLC, carissa@doyle-realty.com

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.