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Reusch Property 217 N Randolph St 3,505 SF Office Building Macomb, IL 61455 $195,000 ($55.63/SF)
INVESTMENT HIGHLIGHTS
- Main level office/retail space, tall ceilings, 10' & 8'9"
- Lot of parking
- Large apartment on second level
EXECUTIVE SUMMARY
This commercial office/retail building is just off the Macomb downtown business district, offering just over 2200 sq ft of office/retail space on the main level. Entering the building, you find a large reception/office with a waiting area, six other private offices that average 13x10, some larger, a kitchenette/break room, and two half baths, all of which have great potential for retail. The upper level of the building has a 20x17 room with windows overlooking the park, which was used as an office. The upper level of the building also has a 780 sq ft apartment, currently a one-bedroom loft-type apartment, with a large living room, kitchen, bath, and walk-in closet. Could use the front office area as another bedroom—lots of potential for income.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$4,134
|
$1.18
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$4,134
|
$1.18
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $4,134 |
| Annual Per SF | $1.18 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $4,134 |
| Annual Per SF | $1.18 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Building Size
3,505 SF
Building Class
C
Year Built/Renovated
1926/2007
Price
$195,000
Price Per SF
$55.63
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,753 SF
Building FAR
2.01
Lot Size
0.04 AC
Zoning
B2 - Business/Commercial
AMENITIES
- Air Conditioning
1 1
Walk Score®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | 11-200-037-00 | Total Assessment | $35,934 |
| Land Assessment | $4,944 | Annual Taxes | $4,134 ($1.18/SF) |
| Improvements Assessment | $30,990 | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
11-200-037-00
Land Assessment
$4,944
Improvements Assessment
$30,990
Total Assessment
$35,934
Annual Taxes
$4,134 ($1.18/SF)
Tax Year
2024 Payable 2025
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Reusch Property | 217 N Randolph St
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