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Listed by Steve Silberer • C21 Purdum-Epperson Inc
$425,000
Est. payment /mo
9,372 SqFt
Active
118 S LAFAYETTE ST Macomb, IL 61455
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,372 sqft
Price per Sqft $45
MLS Listing ID PA1257363
Year Built 1900
Annual Tax Amount $7,085
Tax Year 2024
Lot Dimensions 50X120
Property Sub-Type Commercial
Source rmlsa
Property Description
Looking to get into the restaurant business, this turnkey restaurant located in the Historic downtown district of Macomb IL is available. This restaurant is a breakfast/lunch diner type of operation and is fully equipped. The main dining room area has seating for 80+ customers, and counter/bar seating. For those busy days or private parties, you have an additional room that can seat up to 100+ customers, a lot of potential with this room. The kitchen has been updated, and has a lot of dry storage, 8x10 walk-in cooler and 8x6 freezer. For added income the upper level of the building has four finished apartments, one is a 3 bedroom, 1 bath, two are 2 bedrooms, 1 bath units, with one currently rented at $800 a month, and one is a 1 bedroom, 1 bath unit. All units are move-in ready. There is another apartment, 1 bedroom efficiency type apartment that is unfinished, with some work could also be available for rent. These apartments have potential income of $3000+ a month. Current owner would consider financing with good down payment.
Location
State IL
County Mcdonough
Area Paar Area
Zoning COMMERCIAL
Direction DOWNTOWN MACOMB ON THE SQUARE
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Partial
Flooring Carpet, Tile
Fireplace N
Exterior
View true
Roof Type Flat,Sloped
Garage 1
Building
Faces DOWNTOWN MACOMB ON THE SQUARE
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Wood Siding
Others
Tax ID 11-400-067-00
Security Features No