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Macedonia, IL High Income Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Macedonia, Illinois Market population: 11K. Explore income-producing properties with verified cap rates and operating...

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⭐ Featured

Investment Opportunity in La Grange Park, IL

$1,190,000
La Grange Park Multifamily

This multifamily apartment property located in La Grange Park, IL, presents a compelling investment opportunity for real...

Cap Rate 7.68%
NOI $91,392
Size 5,200 SF

πŸ“Š Average Cap Rate For Macedonia OH Properties: 7.68%

πŸ“Š Avg Property Tax Rate For Macedonia OH Properties: 1.4900%

πŸ“Š Average Income For Macedonia OH Commercial Property: $80,930

Investor Questions For Macedonia OH

Common questions from investors exploring commercial real estate in Macedonia OH.

What's the overall investment potential of Macedonia, OH? +
With a median household income of $80,930 and a low poverty rate of 2.6%, Macedonia, OH presents a stable investment market, further reinforced by its high health insurance coverage of 96.5% and relatively short average commute time of 23.4 minutes, indicating a strong and reliable workforce.
How does the ethnic diversity and industry mix impact the local real estate market? +
The city's top ethnicities, including White and Black populations, contribute to a diverse community, while its leading industries such as Wholesale Trade and Finance & Insurance suggest a robust economy, which, combined with a high homeownership rate of 91.4% and median property value of $187,900, points to a stable and potentially appreciating housing market.
What are the implications of the commute methods and times for rental properties? +
The average commute time of 23.4 minutes, coupled with the prevalence of driving alone and working from home, indicates a flexible and manageable commute, which, alongside the high health insurance rate of 96.5%, suggests a reliable tenant base with stable employment, making rental properties an attractive investment option.
How does income inequality affect the real estate investment landscape in Macedonia, OH? +
The GINI coefficient of 0.396, while indicating some level of income inequality, is balanced by the city's high median household income of $80,930 and low poverty rate of 2.6%, suggesting that the market can support a range of housing options, from affordable to luxury, thus catering to various investor strategies and tenant needs.
What role does the high homeownership rate play in the investment attractiveness of Macedonia, OH? +
The high homeownership rate of 91.4%, in conjunction with the median property taxes of $3,907 and median property value of $187,900, implies a strong sense of community and investment in homes, which can lead to better property maintenance and lower vacancy rates, making the area more appealing for real estate investors seeking stable, long-term returns.

Macedonia OH Real Estate & City Facts

Key facts and real estate information about Macedonia OH.

What are some of the best neighborhoods to live in Macedonia? +
Some of the best neighborhoods to live in Macedonia, OH, include Golden Link, which is known for its family-friendly atmosphere and close proximity to local amenities. Other desirable areas tend to be in the southeast parts of the city, while more affordable homes can be found in the southwest regions.
What are some fun things to do in Macedonia? +
Macedonia, OH, offers a unique blend of family-friendly attractions and exciting nightlife. Some popular things to do include visiting Longwood Park, which features green spaces and walking trails, and checking out the local dining scene. Nearby attractions include the Rock'n'Roll Hall of Fame, the Football Hall of Fame, and Boston Mills/Brandywine Ski Resort.
What is the food scene like in Macedonia? +
The food scene in Macedonia, OH, features a variety of restaurants and bars, including the Blue Willow Lounge, which serves up burgers, wings, and beer, and the Winking Lizard Tavern, which offers a range of pub fare. There are also plenty of great food trucks and outdoor dining options in the area, making it a great destination for foodies.
What are the pros and cons of living in Macedonia? +
The pros of living in Macedonia, OH, include its family-friendly atmosphere, affordable housing options, and proximity to local amenities and attractions. However, some cons include the city's relatively small size, which may limit job opportunities and entertainment options. Additionally, traffic and commute times can be a challenge in the area.
Is Macedonia a good place to live? +
Overall, Macedonia, OH, is a great place to live for those who value a family-friendly atmosphere, affordable housing, and a strong sense of community. While it may not offer the same level of excitement and entertainment as larger cities, it provides a comfortable and convenient lifestyle, with plenty of opportunities for outdoor recreation and exploration of the surrounding area.
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