1500 Carroll St, Macomb, IL 61455
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.