Skip To Content

120 N Side Square

Macomb, IL 61455
  • $675,000
  • STATUS: Active
  • ON SITE: 300 Days
  • ID#: PA1247002
UPDATED: 46 min ago
$675,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

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.

Monthly Payment Calculator



© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-09-18T17:45:26.147.
www.brysonsmithteam.com/homes/145444422
Print Image

120 N Side Square Macomb, IL 61455

  • Price: $675,000
  • Status: Active
  • On Site: 300 Days
  • Updated: 46 min ago
  • ID#: PA1247002
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Paar Area
County:
Mcdonough
Area:
Paar Area
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.
Exterior Features

Construction Materials Brick Parking Total 0 Roof MembraneSloped

Interior Features

Building Area Total 16608 Building Features CableCommunity Wifi Cooling Central Air Flooring OtherTile/VinylWood Heating Forced AirGasHot Water

Property Features

Agent Owned No Exemptions NONE Financing Cash OnlyConventional Frontage Type City Street Gross Operating Income 40320 Lease Term Month to MonthYearly Lease Type Other Levels Two Loading Dock YN No Lot Size Dimensions 48X173 Owner Pays ElectricityGasWater Possible Use InvestmentRetail Security System YN No Sewer Public Sewer Sprinkler YN No Tax Annual Amount 8088.74 Tax Incentive1 In City LimitTIF District Tax Legal Description W SI LOT 2 & E SI LOT 3 BLK 18 OLD TOWN Tax Year 2022 Tenant Pays ElectricityGasWater/Sewer Type Commercial Virtually Stage YN No Water Source Municipal/City Zoning COMMERCIAL

Listing provided courtesy of Steve Silberer of C21 Purdum-Epperson Inc: Pref: 309-255-3968.
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Bryson Smith Team | Keller Williams Premier Realty. Data last updated: 2024-09-18T17:45:26.147.
 
https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_PA1247002-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_PA1247002-1.jpg
Logo
Bryson Smith Team | Keller Williams Premier Realty
4700 North Prospect Road
Peoria IL, 61616