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Investment Highlights
- MAIN LEVEL HAS THREE POTENTIAL RENTAL SPACES
- NEWER WINDOWS AND ROOF
- SECOND STORY HAS POTENTIAL FOR LOFT TYPE APARTMENTS
Executive Summary
This commercial building, located in Historic downtown Macomb, IL, has many uses. The main level of this building features a storefront of just over 1,000 sq ft, with tall ceilings and an original tin ceiling, large front windows for display, a half bath, and an unfinished basement area that is vacant and ready to be finished as needed. This space is great for retail or office use. Also on the main level of the building is another unfinished space that would make a great office area or small retail space, measuring just over 480 sq ft. On the back of the building is a finished office/retail space featuring a half bath, a small storage closet, and a large window, all tastefully decorated. It is currently rented at $400 a month, ending Jan 2027. The upper level of the building has been gutted and is ready to be renovated into apartments or office space. The front part of the upper level has just over 1,000 sq ft, featuring large windows with great views of downtown, and the back part also boasts numerous large windows with equally impressive views. The building has a new roof as of April 2024, and almost all of its windows were replaced in 2025.
Taxes & Operating Expenses (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$5,438
|
$1.39
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,438
|
$1.39
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes (CAD) | |
|---|---|
| Annual | $5,438 |
| Annual Per SF | $1.39 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $5,438 |
| Annual Per SF | $1.39 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
3,920 SF
Building Class
C
Year Built
1950
Price
$281,926 CAD
Price Per SF
$71.92 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.51
Lot Size
0.06 AC
Zoning
COMMERCIAL
Amenities
- Corner Lot
Walk Score®
Walker's Paradise (90)
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-100-210-00 | Total Assessment | $48,304 CAD |
| Land Assessment | $10,299 CAD | Annual Taxes | $5,438 CAD ($1.39 CAD/SF) |
| Improvements Assessment | $38,005 CAD | Tax Year | 2024 Payable 2025 |
Property Taxes
Parcel Number
11-100-210-00
Land Assessment
$10,299 CAD
Improvements Assessment
$38,005 CAD
Total Assessment
$48,304 CAD
Annual Taxes
$5,438 CAD ($1.39 CAD/SF)
Tax Year
2024 Payable 2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
20 W Side Sq
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