# 620 E Broadway, Monmouth, IL 61462

> **TL;DR:** 0bd/18ba residential multi family, $1,400,000, built 1978. Est. $6,067/mo. Listed 57 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,400,000 |
| Bathrooms | 18 full |
| Year Built | 1978 |
| Lot Size | 34,412 sqft (0.79 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 57 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,067 |
| **Total** | **$6,067** |

## Property Highlights

- Built in 1978
- 0.79 acre lot
- 3 stories

## Description

### Agent Description
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*

## Location

- **Address:** 620 E Broadway, Monmouth, IL 61462
- **Coordinates:** 40.912195, -90.641095
- **Google Maps:** https://www.google.com/maps?q=40.912195,-90.641095

## Listing Agent

- **Name:** Carissa Doyle
- **Brokerage:** Doyle & Associates Realty, LLC
- **Phone:** 3097347253
- **Email:** carissa@doyle-realty.com

## Primary Photo

![620 E Broadway - Primary Photo](http://lh.rdcpix.com/04e5b53ea596ef0d1e8672905e307a82l-f1489349708r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/620-e-broadway-monmouth-il-61462-11686148)*

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**MLS#:** 11686148 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/620-e-broadway-monmouth-il-61462-11686148)

---

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