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118 S LAFAYETTE Street, Macomb, IL 61455

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Listing Type
Commercial/Industrial
Listing Status
active
42
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$425,000

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Home Details for 118 S LAFAYETTE Street
Price
$425,000
Type
Commercial/Industrial
Year Build
1900
County
McDonough
Tax
$7,085.68
MLS®️ Listing#
PA1257363
On exitrealty.com
169 days
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.
Property Features
Listing Courtesy: C21 Purdum-Epperson Inc - 309-833-4577. Presented by: Steve Silberer
Based on information submitted to the MLS GRID as of 2025-07-07 14:32:05. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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EXIT REALTY FIRESIDE
4509 N Brady Street, Davenport, IA 52806
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$425,000

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EXIT REALTY FIRESIDE
4509 N Brady Street, Davenport, IA 52806
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