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538 N Randolph St
Macomb, IL 61455
Inselhaus · Multifamily Property For Sale
·
7 Units
Property Facts
| No. Units | 7 | Lot Size | 0.38 AC |
| Property Type | Multifamily | Building Size | 6,915 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1902 |
| Building Class | C | Parking Ratio | 1.01/1,000 SF |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 6,915 SF |
| No. Stories | 3 |
| Year Built | 1902 |
| Parking Ratio | 1.01/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Eat-in Kitchen
- Hardwood Floors
- High Speed Internet Access
Site Amenities
- Laundry Facilities
- Property Manager on Site
About 538 N RANDOLPH ST , MACOMB, IL 61455
Gorgeous 3-story Victorian that has been completely remodeled and modernized. It's currently a 7-unit boarding house -- with 8 bedrooms and 7.5 bathrooms -- capable of generating over $49,000/year in gross income. The property has been used as a bed and breakfast and, before that, a private residence, and it easily could be converted back to either purpose with minimal changes. The incredible 3rd-floor unit (formerly the "innkeeper's quarters") has two bedrooms, as well as a living room, kitchen, dining area in the rotunda, and private entrance. The property manager (the owners' son) currently lives there. That unit normally rents for $900/month.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | $900.00 | - |
| Studios | 6 | $525.00 | - |
Property Taxes
| Parcel Number | 11-100-270-00 | Improvements Assessment | $85,297 |
| Land Assessment | $2,908 | Total Assessment | $88,205 |
Property Taxes
