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    804 Jackson St Macomb, IL 61455

    Sponsored
    For Sale
    $194,500

    High-Visibility, Dual-Income Commercial Property

    Property size:
    3,563 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional commercial property, located at 804 E. Jackson Street in Macomb, Illinois, presents a unique investment opportunity with dual income streams. The 3,563 square foot building features a long-term office tenant occupying the main floor, generating consistent rental income. Upstairs, a residential tenant provides an additional revenue stream. Situated on a highly visible section of Macomb's main thoroughfare, this property benefits from significant daily traffic, ensuring high exposure for any business operating on the main floor. Ample parking is available at the rear of the building, providing convenient access for tenants and customers. A notable feature is the inclusion of a garden-level living space, complete with a full kitchen and living area, adding to the property's versatility and potential rental income. The building is well-maintained, reflecting a commitment to quality and longevity. This property represents a solid investment in a thriving market. Note that 810 E. Jackson Street is also available for purchase, and a combined purchase of both properties offers a discounted price. This presents a compelling opportunity to acquire a significant portfolio in a desirable location.

    Property Features for 804 Jackson St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,563 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Benton & Associates Inc Engineering Consultant Hoyle Law Office, ... General Practice Attorney MidAmerica National Bank Bank Prudential Insurance Co Insurance Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Macomb
    County
    McDonough
    State
    Illinois
    Longitude
    -90.66186
    Latitude
    40.45886

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    FAQs

    What type of property is this?
    Commercial real estate - High-Visibility, Dual-Income Commercial Property
    Where is this commercial real estate located?
    The property is located at 804 Jackson St Macomb, IL.
    What is the asking price?
    The asking price for this property is $194,500.
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    804 Jackson St 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
    804 Jackson St Macomb, IL 61455
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