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$ 199,500
Est. payment /mo
Price Dropped by $5K
11 East Side Square Macomb, IL 61455
2.5 Baths
3,780 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,780 sqft
Price per Sqft $52
MLS Listing ID 11618598
Full Baths 2
Half Baths 1
Year Built 1920
Annual Tax Amount $3,861
Property Description
Prime Downtown Investment Opportunity on the Historic Macomb Square Well-maintained approximately 3,780 sq. ft. mixed-use commercial building ideally located on the Macomb downtown square with partial basement. The main-level storefront offers excellent visibility and is currently leased for business use. The main-level also includes a half bath. The second floor features two one-bedroom, one-bath apartments, providing additional income potential. Significant updates include a new hot water heater in 2024, with the boiler and roof replaced in 2019. One apartment was fully renovated in 2023, along with a 2023 renovation of the storefront, ensuring modern finishes and reduced capital expense for the next owner. The property is fully leased and generates $2,400 in monthly income, making it a solid turnkey investment in a highly desirable downtown location. Contact the Legacy Land Company listing agent for your private showing!
Location
State IL
County 17109
Rooms
Basement Partial
Dining Room 0
Kitchen 0
Building
Story 2
Sewer Municipal
Water Municipal
Structure Type Masonry - Brick