Menu

Prime Downtown Investment Opportunity on Historic Macomb Square

$199,500
Available
Contact Agent
Text Call Email
Brochure Map

Property Details

ID: 95314
Status: Available
Price: $199,500
Type: Commercial
Address: 11 E Side Square
City, State: Macomb, Illinois
County: McDonough
Zip Code: 61455
Lat/Long: 40.458461, -90.669976
Presented By: Bill Kennedy
Legacy Land Co - Rushville, IL
Phone: (815) 262-9028
Email: Click to Contact

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!

Download Brochure

Additional Details

Home Details

Sq Ft: 3780
Beds: 2
Full Baths: 2
Half Baths: 1
Year Built: 1920
Foundation: Brick/Mortar
Basement: Partial
Cooling: Central Air
Heating: Hot Water

Additional Info

Utilities: Electricity Connected
Current Use: Commercial

Maps

Get Directions
  • NAIP
  • Satellite
  • Topography
Bill Kennedy
Bill Kennedy
Managing Broker IL, IA, KS / Land & Home Specialist / IL Auctioneer

Ask Bill a Question

Get Financing

Calculate your monthly payment
And talk with our lenders.

Start Here

Get Financing

# Payment Interest Principle Balance

Contact An Agent

Bill Kennedy
Bill Kennedy
Managing Broker IL, IA, KS / Land & Home Specialist / IL Auctioneer
Text Call
Ask Bill About This Property

Nearby Properties Around McDonough County

3 Bedroom 3 Bath 25± Acres Colchester, IL
Price Reduced
1 / 48
3 Bedroom 3 Bath 25± Acres Colchester, IL
McDonough County, IL
Great home with walk out basement, deck overlooking your acreage, 2 fireplaces, this home was meant for entertaining. Fence the property for horses or cattle or plant food plots, manage the timber and hunt it. Its a blank canvas, make it yours! This ...
24.75± Acres
|
$399,000
View Property
3 Bedroom 2 Bath 33± Acres Colchester, IL
New Listing
1 / 91
3 Bedroom 2 Bath 33± Acres Colchester, IL
McDonough County, IL
A quick summary, you could not build this beautiful, mostly updated home for the asking price alone! The property could be fenced for horses, cattle or sheep. Grow your own food, catch fish from your pond, hunt your own property. The surrounding neig...
33± Acres
|
$549,999
View Property
3 bedroom 2 bath Good Hope, Illinois
New Listing
1 / 35
3 bedroom 2 bath Good Hope, Illinois
McDonough County, IL
Charming Updated Home on Corner Lot in Good Hope, ILMove-in ready with recent renovations and thoughtful upgrades, this beautifully maintained 3-bedroom, 2-bath manufactured home is situated on a spacious corner lot in Good Hope. Featuring a brand-ne...
0.6± Acres
|
$115,000
View Property

More Properties from Bill Kennedy

3 Bedroom 2 Bath 33± Acres Colchester, IL
New Listing
1 / 91
3 Bedroom 2 Bath 33± Acres Colchester, IL
McDonough County, IL
A quick summary, you could not build this beautiful, mostly updated home for the asking price alone! The property could be fenced for horses, cattle or sheep. Grow your own food, catch fish from your pond, hunt your own property. The surrounding neig...
33± Acres
|
$549,999
View Property
3 Bedroom 3 Bath 25± Acres Colchester, IL
Price Reduced
1 / 48
3 Bedroom 3 Bath 25± Acres Colchester, IL
McDonough County, IL
Great home with walk out basement, deck overlooking your acreage, 2 fireplaces, this home was meant for entertaining. Fence the property for horses or cattle or plant food plots, manage the timber and hunt it. Its a blank canvas, make it yours! This ...
24.75± Acres
|
$399,000
View Property
McDonough Cty 28.58 acre pasture/recreational/pond
New Listing
1 / 31
McDonough Cty 28.58 acre pasture/recreational/pond
McDonough County, IL
ONLY $179,900  for this 28.58 surveyed acres of mostly pasture and pond, with great build site areas and good hunting along the creek! Pull off of N 700th rd and the private lane takes you to the property, with the South Western point of the 4+-...
28.58± Acres
|
$179,900
View Property