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    Property profile & analytics
    FOR SALE
    Commercial real estate

    20 W Side Sq, Macomb, IL 61455

    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US28-3972700
    Property summary
    AI-generated overview

    This exceptional commercial property, situated in historic downtown Macomb, Illinois, presents a unique investment opportunity. The building, located at 20 W SIDE Square, boasts a total of 3,960 square feet and offers versatile space ideal for a variety of uses. The main level features a sizable storefront exceeding 1000 square feet, showcasing tall ceilings with original tin detailing, large display windows, and a half bath. An adjacent unfinished area of approximately 480 square feet provides potential for expansion or additional office space. A separate, finished office/retail space on the main level includes a half bath, storage closet, and large windows, currently ready for rental. The upper level, currently gutted, presents a blank canvas for renovation into apartments or additional office space, featuring over 1000 square feet in the front and ample space in the rear, both with large windows offering downtown views. The property benefits from a new roof installed in April 2024, and the seller is offering a $20,000 credit towards recently purchased new windows. This prime downtown location offers high visibility and significant potential for growth. The property is priced at $190,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    APN 11-100-210-00
    UPID US28-3972700
    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
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Marlow By Design LLC · 1 yrs held
    Marlow By Design LLC
    since 2024
    Last sale
    $75,000
    2 recorded transactions
    2024
    2022
    $75,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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