20 W Side Sq - Retail FOR SALE


Macomb, IL 61455
$209,000 USD
309-255-0646
20 W Side Sq, Macomb, IL for Sale
$209,000 USD
Retail - FOR SALE
1/19
null | Request Cap Rate

20 W Side Sq
Macomb, IL 61455


HIGHLIGHTS

  • MAIN LEVEL HAS THREE POTENTIAL RENTAL SPACES
  • SECOND STORY HAS POTENTIAL FOR LOFT TYPE APARTMENTS
  • NEWER WINDOWS AND ROOF

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$209,000 USD

PRICE/SF

$53 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,593 SF

ZONING

COMMERCIAL

APN/PARCEL ID

11-100-210-00

ASK ABOUT THIS PROPERTY

Lorraine EppersonCentury 21 Purdum-EppersonMore Info
309-255-0646

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Lorraine EppersonCentury 21 Purdum-EppersonMore Info
309-255-0646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.