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1508 W Jackson St

5,791 SF 100% Leased Retail Building Macomb, IL 61455 $497,700 CAD ($86 CAD/SF)

Investment Highlights

  • Corner with easy access to US Highway 136.
  • Back property currently is being leased out with great potential for increase in rent. Income producing building.

Executive Summary

THIS COMMERCIAL CORNER LOCATION ON HWY 136/336, WEST JACKSON ST CURRENTLY HAS A LARGE RETAIL BUILDING WITH A TOTAL SF OF 5791, ABOUT 3900 SF IS RETAIL SPACE AND THE REMAINING SPACE IS WAREHOUSE SPACE. ANOTHER SMALLER BUILDING ON THE PROPERTY HAS 1008 SF, CURRENTLY VACANT AND WAS ONCE USED AS AN OFFICE. ON THE BACK SIDE OF THE PROPERTY IS A LARGE METAL BUILDING THAT HAS 1984 SQ FOOT, AND HAS THREE OVERHEAD DOORS, SMALL AREA HAS CONCRETE FLOOR, AND YOU WILL ALSO FIND ANOTHER OPEN BUILDING WITH 1900 SQ FEET. THIS PROPERTY HAS A LOT OF USES AND GREAT LOCATION, CURRENTLY THE MAIN BUILDING IS LEASED AT 1200 A MONTH, ON MONTH TO MONTH LEASE.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
5,791 SF
Year Built
1955
Price
$497,700 CAD
Price Per SF
$86 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.33 AC
Zoning
C - Commercial
Parking
30 Spaces (5.18 Spaces per 1,000 SF Leased)
Frontage
77 ft on West Jackson Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-101-099-00
Land Assessment
$8,186 CAD
Improvements Assessment
$24,538 CAD
Total Assessment
$32,724 CAD
  • Listing ID: 27444403

  • Date on Market: 2022-12-19

  • Last Updated:

  • Address: 1508 W Jackson St, Macomb, IL 61455

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