About This Home
This 0-bedroom, 3-bathroom commercial at 11 E Side Square in Macomb, IL is listed for $139,500. Built in 1920, on a N/A lot.
Key Features
- Built in 1920
- 2 stories
Property Details
SIGNIFICANT PRICE IMPROVEMENT! 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!
Monthly Cost Estimate
$746/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
11 E Side Square
Macomb, IL 61455
Property Details
Flooring
Construction
Heating
Questions & Answers
This 0-bedroom, 3-bathroom commercial at 11 E Side Square is listed at $139,500. The estimated monthly payment is $746 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 2 stories.
This property is listed by Bill Kennedy.
Bill Kennedy
Agent at Legacy Land Co LLC
