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Commercial > Hospitality
Active
04/24/2025
List Price
$425,000$45/ft²

118 Lafayette St
Macomb, IL 61455

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  • Malobo BannerMalobo Banner Square
    118 Lafayette St, Macomb, IL 61455 is a 9,372 ft² commercial hospitality property property built in 1900 on a 0.008 acre lot. This commercial hospitality property is currently listed for $425,000.

    MLS Description

    The listing agent's description. Original Listing

    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.

    Listing Agents

    The listing agent for 118 Lafayette St is Steve Silberer.

    Current Ownership

    Information about the current owner(s).

    Property History

    118 Lafayette St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 118 Lafayette St

    School Information

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    Neighborhood

    This property is located in 61455.

    Market Trends

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    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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