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Reed 127 W Calhoun St 2,222 SF Retail Building Macomb, IL 61455 $139,900 ($62.96/SF)
Investment Highlights
- New AC, Roof, Electrical Panel, in 2024
- Close to downtown & city park
- Located on HWY 136/67, great visibility!
Executive Summary
This commercial building, located on HWY 136/67, has great visibility with all the street traffic. This building has just over 2200 sq ft of space on the main level with a partial basement. Currently used for a retail store, the main level has a large open room that has 1068 sq ft with open rafter ceilings that are just over 9’ tall. This area offers ample storage and open niches for a variety of uses. The building has an updated half bath, a 13x5 dressing area/storage, an 11x26 workroom/office area with a separate entrance, and an 18x11 kitchen area. The 25’ x 49’ basement is unfinished and offers great potential. You have lots of possibilities with this building, located close to downtown and the park, and updated in 2024 with new AC, roof, electrical panel, and more.
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$3,091
|
$1.39
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,091
|
$1.39
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $3,091 |
| Annual Per SF | $1.39 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $3,091 |
| Annual Per SF | $1.39 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,222 SF
Building Class
C
Year Built
1975
Price
$139,900
Price Per SF
$62.96
Building Height
1 Story
Building FAR
0.43
Lot Size
0.12 AC
Zoning
B2 - Commercial
Parking
23 Spaces (6.75 Spaces per 1,000 SF Leased)
Frontage
114’ on W Calhoun St
Amenities
- Freeway Visibility
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-100-169-00 | Total Assessment | $26,667 |
| Land Assessment | $3,413 | Annual Taxes | $3,091 ($1.39/SF) |
| Improvements Assessment | $23,254 | Tax Year | 2025 Payable 2026 |
Property Taxes
Parcel Number
11-100-169-00
Land Assessment
$3,413
Improvements Assessment
$23,254
Total Assessment
$26,667
Annual Taxes
$3,091 ($1.39/SF)
Tax Year
2025 Payable 2026
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Reed | 127 W Calhoun St
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