Mixed-Use Brick Building with
For Sale
$215,000
202 N Lafayette Street, Macomb, IL 61455
Two-story brick building with four contiguous lower-level retail spaces and five second-floor residential apartments.
Property SizeContact for details
Days on Market46
Property Features for 202 N Lafayette Street
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$7,953
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
REMAX Aligned
Listed By:
Gene Curtis (genecurtis@aligned-realestate.com)
Source:
Curveyrealestate
Added: Jul 18
Changed: Aug 23
Last Checked: Aug 31 at 5:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX Aligned
Investment Insights
Based on property information with market context.
This mixed-use brick building offers four contiguous retail spaces on the lower level and five residential apartments on the second floor. The property also includes a single-story attached building currently used as a barbershop, providing additional street-level commercial space.
The building is set in Macomb, Illinois’ historic downtown area. Recent improvements include a roof replacement completed about four years ago and a new boiler installed approximately six years ago.
With retail and residential uses under one roof, the configuration can support a combined income strategy for an owner-operator or investor looking to manage multiple revenue components within the same structure.
The building is set in Macomb, Illinois’ historic downtown area. Recent improvements include a roof replacement completed about four years ago and a new boiler installed approximately six years ago.
With retail and residential uses under one roof, the configuration can support a combined income strategy for an owner-operator or investor looking to manage multiple revenue components within the same structure.
Key Highlights
- Two‑story brick mixed‑use building in historic downtown Macomb, IL with four contiguous lower‑level retail spaces
- Second floor includes five residential apartments
- Roof replaced about 4 years ago
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
Explore this area
Business Placement
Demographics for 61455, IL
17,630
Population
8,682
Households
2
Avg Household Size
32
Median Age
39%
College-Educated
95%
High-School Grad
162.5 sq mi
ZIP Area
108
Density / Sq Mi
$45,048
Median Household Income
$19,778
Median Earnings
$739
Median Rent
$117,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story brick building with four contiguous lower-level retail spaces and five second-floor residential apartments.
Where is this apartment building located?
The property is located at 202 N Lafayette Street Macomb, IL.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two‑story brick mixed‑use building in historic downtown Macomb, IL with four contiguous lower‑level retail spaces; Second floor includes five residential apartments; Roof replaced about 4 years ago
