509 Lafayette St Macomb, IL 61455

This exceptional 7-unit commercial office building presents a compelling investment opportunity in Macomb, Illinois. Situated on a four-lane highway boasting high traffic counts, this Class B property offers immediate income potential and significant upside. The 9,049 square foot building, constructed in 1970, features four units on the main floor and three in a finished basement, providing flexibility for various uses. Currently, three main floor units generate a combined monthly rental income of $2,500. The remaining units are immediately available for lease, presenting an opportunity for an owner-occupant or to increase rental revenue. Each floor includes two bathrooms for tenant convenience. A substantial parking lot located behind the building provides ample parking for tenants and visitors. The property is offered for sale at $425,000 and is available for a gross lease. The building's current occupancy is 40%, indicating significant potential for increased revenue through leasing the vacant units. This property offers a blend of immediate income and future growth potential in a desirable location. The multi-tenant setup provides diversification and stability, making it an attractive investment for both seasoned and new investors. The property's location on a busy highway ensures high visibility and accessibility.