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720 Wigwam Hollow Road 1, Macomb, IL 61455

$400,000

7,875 sq ft
MLS# 1260853
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This large 7875 sq ft building with three levels, is located close to Western Illinois University.

Previously used as a fraternity house with 19 rooms, but for the last two years Master Level Foreign Students attending WIU, have rented rooms in the house and has been reclassified as a "Boarding House", by the city of Macomb. The whole house has been furnished, even the kitchen was decked out for tenants usage. Each bedroom has either a queen or twin size bed, dresser, bed side stand, desk or table, chair, mini-refrigerators, and microwave. The living room on the main level, has a tall table with matching four chairs, two couches and a matching chair, for a comfortable area for studying or socializing and an adjacent three quarter (3/4) bathroom and one half (1/2) bath. The lower level, also has a dining room table for six, two leatherette couches, and a couple of futons with an adjoining kitchen, laundry room with each having a tall table with matching 4 chairs. The basement level, has one (1) full bathroom for 3 room tenants to share. The top floor plans could be changed the eleven (11) rooms into two (2) large private rooms with each having a private full Bathroom, and adding a half bath with the other bathroom that 4 other rooms can share, leaving one or two rooms that could be made into a kitchenette so these upstairs tenant do not have to go to lower floor to cook. These planned additions will change the vacancy rate to practically 0, and increase the income.

Property Details

City
Macomb
County
Mcdonough
Subdivision
University Park
Schools
  • Macomb Lincoln
  • Macomb
  • Macomb
Type
Residential Income
Garage
  • Guest
  • Parking Pad
New Construction
No
Zoning
R4
Square Ft.
7,875
Acres
0.44
Apx Lot Size
130 X146.5
Year Built
1974

Features

Roofing
  • Shingle
Garage/Parking
  • Guest
  • Parking Pad
Basement
  • Egress Window(S)
  • Finished
  • Full
  • Walk-Out Access
Heating/Cooling
  • Heating Systems - 2+
  • Natural Gas
Water/Sewer
  • Public Sewer
  • Public
Road/Access
  • Other
  • Paved
Laundry Facilities
  • Common Area
  • Owned Equipment
  • Private

Financials

2024 Taxes
7602.26
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of Joy's Realty, Joylene Frye, as of 09/11/2025 17:00pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.