11 East Side Square, Macomb, IL 61455

$199,500
Active for Sale
 
Listing ID 11618598
Property Type Commercial Building
County McDonough
Total Tax $3,861
FEMA Flood Map fema.gov/portal
Year Built 1920
Virtual Tour

Prime Downtown Investment Opportunity on Historic Macomb Square

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!
Property Details
  • 2 Full Baths
  • 1 Half Bath
  • 3780 SF (AG)
  • Built in 1920
  • Renovated 2023
  • 2 Stories
  • Available 12/10/2025
  • Partial Basement
  • Lower Level: Unfinished
  • Renovation: New hot water heater in 2024, one apartment was fully renovated in 2023, along with a 2023 renovation of the storefront, and the boiler and roof replaced in 2019.
Unit Information
Unit #1 – Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 2
Unit #2 – Bedrooms: 1, Full Baths: 1, Occupied, Unit Count: 3
Interior Features
  • Carpet Flooring
  • Luxury Vinyl Tile Flooring
  • Hot Water
  • Natural Gas Fuel
  • Natural Gas Avail
  • Central A/C
  • Wall/Window A/C
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Municipal Water
  • Municipal Sewer
Taxes and Fees
  • $3,861 Total Tax
Listed By
Legacy Land Co LLC
Office: 815-262-9028
Mobile: 815-262-9028
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