For Sale
$299,000

210 Randolph StMacomb, IL 61455

Prime Macomb location, mixed-use income property.

Overview

Added:
Feb 11
Days on market:
57
This exceptional commercial property at 210 S Randolph Street in Macomb, Illinois, presents a fantastic investment opportunity. Built in 1923, this building boasts a prime location just off Macomb Square. The main level features a spacious waiting area, nine individual offices, a boardroom, and a convenient break room. Six of these offices are currently leased at $350 per month each, generating consistent rental income. The lower level comprises two two-bedroom apartments, each with its own lease. One apartment currently rents for $650 per month, and the other for $900 per month. The property also includes asphalt parking for nine vehicles. Significant updates have been made, including a new rubber roof and HVAC system installed in 2014, and a new water heater in 2018. The building is in excellent condition and benefits from its superb location, making it an ideal investment for those seeking a strong return on investment in a thriving Illinois community. The property is zoned for commercial use and offers a blend of office space and residential rental units, providing diversified income streams. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable location. The asking price is $299,000.

Highlights

  • Asking Price: $299,000
  • Property Type: Commercial Land and Office Building, built in 1923, located at 210 S Randolph Street, Macomb, IL 61455
  • Main level features 9 offices, a boardroom, break room, and waiting area; 6 offices currently leased at $350/month each.
  • Lower level includes two 2-bedroom apartments, one leased at $650/month and one at $900/month, plus shared laundry.
  • Recent improvements include a rubber roof (2014), HVAC (2014), and water heater (2018), plus asphalt parking for nine vehicles.

Property Details for 210 Randolph St

Property type
Office properties, Land
Year Built
1923

Location Insight

City
Macomb
County
McDonough
State
Illinois
Latitude
40.4570812
Longitude
-90.6705981
210 Randolph St, Macomb, Illinois

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210 Randolph St
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