119 Carroll St Macomb, IL 61455
- Commercial real estate
Current Use by Public Records
- Edifice Remodel / Corporate Office
Property Details for 119 Carroll St
- Property type
- Commercial real estate
- APN
- 11-100-194-00
- APU
- 1110019400
Description
This exceptional Macomb, IL commercial property offers 7,322 square feet of versatile space, ideally suited for a variety of uses. The building is divided into three distinct units. The central unit has undergone recent renovations and is currently leased, providing immediate income generation. The front unit presents a significant opportunity for office space, while the rear unit, currently used as a carpenter's shop, offers flexibility for continued use or conversion. All three units are located on the main floor. The expansive second floor provides a blank canvas for future development, allowing for significant expansion or the creation of additional rental units. Ample parking is ensured with 22 dedicated spaces. Located at 119 W Carroll Street, this property represents a rare chance to acquire a substantial commercial building with significant upside potential in a thriving location. The property sits on a lot with no acreage. The asking price is $113,900. This presents a unique opportunity for investors and entrepreneurs seeking a high-return investment or a prime location for their business. The combination of existing income, flexible space, and ample parking makes this property a truly compelling opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Macomb
- County
- Mcdonough
- State
- Illinois
- Longitude
- -90.6724
- Latitude
- 40.4596
- CBSA code
- 31380
- CBSA name
- MACOMB, IL MICROPOLITAN STATISTICAL AREA
