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    OFF-MARKET
    Warehouses

    1500 Carroll St, Macomb, IL 61455

    4,350 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 4,350 square foot commercial property, located at 1500 E Carroll Street in Macomb, Illinois, presents a unique investment opportunity. Situated in a low-traffic commercial/industrial area with convenient access to Route 136, this versatile space is ideal for a variety of uses. The building boasts ample room for large equipment storage, facilitated by 14-foot overhead doors. One section includes a well-appointed office area complete with a full bathroom, a mini-split heating and cooling unit, loft storage, and ground-level built-in workspace/storage. A second section features another 14-foot overhead door, excellent drainage, a functional wash bay, and heating. The property is priced competitively at $175,000 and offers significant potential for various businesses seeking a flexible and functional space. The property is classified as Land, Industrial, and Office, and further categorized as Commercial, Warehouse, Flex, and Manufacturing. Its location in McDonough County, Illinois, zip code 61455, provides easy access to transportation routes and local amenities. This property is ready for immediate occupancy and presents a strong return on investment.

    Property profile
    Verified
    Property type Warehouses
    Total area 4,350 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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