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    11 East Side Sq Macomb, IL 61455

    New
    For Sale
    $225,000

    Commercial Building - Macomb, IL

    Property size:
    3,780 SF
    Days on Market:
    2
    Last Refresh:
    Dec 14 at 4:06 am

    Property Features for 11 East Side Sq

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Kitchen
    Bathrooms
    3
    Parking features
    Garage
    Basement Y/N
    1
    Size
    3,780 SF

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Year renovated
    1920
    Floors in Building
    2
    Flooring type
    Carpet
    Building materials
    Brick
    Architectural style
    Other

    Legacy Land Co LLC

    Listing agent Bill Kennedy (888) 311-5263

    Listing date Dec 13, 2025

    MLS# 11618598 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Macomb Mixed-Use Investment

    Located on the historic Macomb Square, this mixed-use commercial building offers an investment opportunity. The well-maintained building has approximately 3,780 square feet of space and a partial basement. The main level features a storefront, currently leased for business use, and a half bath. The second floor includes 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. The property is fully leased and generates $2,400 in monthly income, making it a solid turnkey investment in a highly desirable downtown location.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Macomb
    County
    McDonough
    State
    Illinois
    Longitude
    -90.669976
    Latitude
    40.458461

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    FAQs

    What type of property is this?
    Mixed-use property - Turnkey, fully leased commercial building on Macomb's historic square.
    Where is this mixed-use property located?
    The property is located at 11 East Side Sq Macomb, IL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Fully leased, turnkey investment generating $2,400 monthly income.; - Prime downtown location on the historic Macomb Square with excellent visibility.; - Mixed-use commercial building with storefront and two one-bedroom apartments.
    (888) 311-5263
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    11 East Side Sq Macomb, IL 61455
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 East Side Sq Macomb, IL 61455
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