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118 S LAFAYETTE Street

$425,000

118 S LAFAYETTE Street, Macomb, IL 61455

Active
Last Updated: 04/28/2025

9,372 sqft

Building Size

1900

Year Built

Details:
Building Size:    9,372 sqft
Year Built:    1900
Zoning:    COMMERCIAL
MlsNumber:    PA1257363
Highlights:
  • Tax Roll Number: 11-400-067-00
  • Annual Tax: $ 7265.62
  • Flooring: Tile
  • Exterior Description: Brick
  • Heating Fuel Type: Other
  • Cooling: Central A/C
  • Heating Type: Forced Air
  • Basement: Partial
Description:

DOWNTOWN MACOMB ON THE SQUARE

Commercial - Macomb, IL

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, 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.

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