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Property profile & analytics

928 Jackson St Macomb, IL 61455-2016

  • Commercial real estate
OFF-MARKET
Last Sale
Aug 09, 2022
$70,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-4207647
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • WildFire Bar & Grill / Restaurant
  • Bubba Dean's / Restaurant

Property Details for 928 Jackson St

Property type
Commercial real estate
APN
11-100-777-10
APU
1110077710

Description

This exceptional commercial property at 928 W Jackson Street in Macomb, Illinois, presents a unique investment opportunity. Priced at $115,000, this 5,150 square foot property sits on a substantial 1.95-acre lot and boasts a prime location on Highway 136, next to a Dairy Queen, ensuring high visibility and traffic. The building offers a fully equipped, turnkey restaurant setup, ready for immediate operation. The existing restaurant space encompasses 1,440 square feet, comfortably seating an estimated 58 patrons. Features include tiled floors, tall ceilings, and a well-appointed galley-style kitchen complete with a large hood and ample dry storage. Adding to the property's versatility is a spacious 3,258 square foot open garage/parking area, including a drive-through. Two half-baths are conveniently located for customer use. This property is ideal for an entrepreneur looking to establish or expand their restaurant business, offering a complete package at an attractive price point. The property's size and location make it a compelling investment in a thriving Illinois community. The existing infrastructure and equipment significantly reduce start-up costs, allowing for a swift and efficient transition into operation. This is a rare opportunity to acquire a fully functional restaurant with significant potential for growth and profitability.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Macomb
County
Mcdonough
State
Illinois
Longitude
-90.6848
Latitude
40.4592
CBSA code
31380
CBSA name
MACOMB, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,535
$6,253
$22,463
$28,716
-
$18,759
$67,389
$86,148
More about this property
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