Price Reduced1 / 30Map0± ACRES
McDonough County, Illinois
Prime Downtown Investment Opportunity on Historic Macomb Square
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! Home Details: Sq Ft: 3780.00 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 Financial: Parcel ID: 11-300-081-00
Commercial
$139,500
