202 Lafayette StMacomb, IL 61455

Property Details for 202 Lafayette St

Property type

Commercial real estate

APN

11-100-175-00

APU

1110017500

Description

This exceptional commercial investment opportunity is located at 202 N Lafayette Street in the heart of Macomb, Illinois. The property encompasses 7,737 square feet and comprises a beautiful mixed-use building featuring six commercial units on the ground floor and residential units above. This is a rare chance to acquire a substantial property in a revitalized downtown area that has recently experienced significant investment. The sale includes three parcels, a key advantage being a large, dedicated parking lot. Given the limited parking availability in the downtown square, this ample parking significantly enhances the property's value and appeal to tenants. The property's current leases provide a steady income stream, offering immediate return on investment. The detailed lease information is available upon request. This is a prime opportunity for investors seeking a well-positioned, income-generating asset in a thriving Illinois community. The property's strategic location and diverse unit mix make it an attractive investment for both short-term and long-term growth. Contact us today to schedule a showing and explore the potential of this remarkable property. The three parcels included in this sale provide flexibility and potential for future development or expansion.

Location Insight

City

Macomb

County

Mcdonough

State

Illinois

Latitude

40.4601

Longitude

-90.672

CBSA code

31380

CBSA name

MACOMB, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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