120 N SIDE SQUARE, Macomb, IL

Others for Sale - $675,000 - 16,608 Sq. Ft.


Agent Info

Steve Silberer
CENTURY 21 Purdum-Epperson, Inc.

Property Info

CIMLS#1151926
Location
  120 N SIDE SQUARE
  Macomb IL 61455
UpdatedApril 27th, 2024
TypeOthers
Price$675,000
Building16,608 Sq. Ft.

Property Description

This commercial building located downtown in Historic Macomb IL, offers two retail/business store fronts that are currently rented. One of the spaces is rented, with just over 4000 sq ft. The other unit also has just over 4000 sq ft and is currently rented. This building could be opened up and have a total of 8000 sq ft. Both commercial spaces have an entrance from the downtown square and a back entrance off Carroll St. The second level of the building has four studio apartments, all four are currently rented, three are rented at $400 a month and one at $450, utilities are included in the rents. The second level has the potential for more rental space with close to 5000 sq ft of unfinished area ready to develop. The current owner has a long list of major improvements to this building over the past five years, some are, tuckpointing exterior, Durolast PVC Roof, new windows, HVAC units for apartments, front awning, 7.5 ton AC unit for commercial space, and much more.


Financials


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