Situated on one of Lincoln's busiest roads, 525 Woodlawn offers a total of 14 different units and endless possibilities. The main building (masonry construction) houses 12 individual units totaling 13,544 square feet and is bookended by two standalone pole construction buildings: 501 Woodlawn Rd. (800 square feet) and 533 Woodlawn Rd. (1200 square feet built 2017). Current tenants include a boutique jewelry store, a bakery, a barber, a gaming store and more. There are currently 9 units being rented generating roughly $4200 per month in revenue. Whether you're a seasoned commercial investor, a local business owner looking to occupy and offset costs with rental income, or simply aspiring to own a prime piece of commercial real estate, with over 15,500 square feet of space, 525 Woodlawn Rd. checks every box! This property has been owned by the same family for decades, and properties like this don't become available for sale very often. Don't let this one one pass you by! Contact the agent of your choice to schedule a showing today.
Situated on the corner of Pulaski Street and McLean Street on the historic downtown square, over 10,000 square feet of top-quality commercial space awaits within the absolutely stunning all brick three story Century Building (space being conveyed is found on the main floor as well as the second floor -- inquire for specifics)! With various executive office spaces spread throughout two floors host to various exterior access points, an elevator, sprawling basement, off-street paved parking, and a large rear facing garage with parking for 6+ vehicles, a property like this is without question a rare find -- especially at $395,000 -- WOW! Property is heated via boiler heat (forced air distribution) as well as forced air heat and is cooled by central air conditioning. Third floor roof on structure is a Versico PVC single ply roof system (installed in 2017 with a 20-year warranty) -- second floor Pulaski Street roof is BUR smooth with an aluminum coating over top (sealed in the fall of 2024 with a silicone sealant -- 5-year warranty) -- garage roof is a rock gravel roof with tar paper underneath. Office spaces are currently occupied by long-term tenants with standing leases (information available at ME Realty office for serious qualified buyers). Great views of the downtown district from every office! While I could go on for days regarding the bargain that this property truly is, it would be better if you (and yours) experienced it for yourself -- A MUST TO VIEW!
Step into a beautifully updated commercial property in the heart of downtown Lincoln, Illinois. This versatile building blends historic charm with modern convenience, ideal for a variety of business ventures. Plus, it comes with a spacious three-bedroom apartment upstairs, complete with a flex room, full kitchen, oversized living room, updated amenities, and private garage parking for residents. The property has seen extensive updates since 2016, including new windows, flooring, roofing, energy-efficient LED lighting, and a reverse osmosis water system. Importantly, the owned solar panels are fully paid off by the sellers, offering sustainable energy solutions with no additional cost to the buyer. Inside, the retail space features beautiful tall tin ceilings, and plenty of storefront windows that flood the space with natural light. Attached to the main building is an additional retail location (not updated)-perfect as an accountant's office or boutique service space-providing a separate, private setting apart from the main retail area with the potential for additional income. The property also includes a full basement, offering ample space for storage. The building is within eyesight of other local businesses and restaurants, and the Amtrak station is just a short distance away, adding convenience for both business owners and tenants. The vibrant downtown location ensures steady foot traffic thanks to a variety of community events. From Third Fridays in spring and summer to the Balloons Over 66 festival, Retail Therapy events, and holiday festivities, there's always something drawing people to this charming downtown. The supportive local business community and proximity to transportation hubs make this property a standout opportunity. Don't miss the chance to own a piece of Lincoln's lively downtown, where community spirit, modern amenities, and an unbeatable location come together seamlessly.
Welcome to The Dugan Center -- an expansive multi-tenant nearly 15,000 square foot brick and stone commercially zoned structure situated on 8.36 acres with so much room for additional expansion if needed/desired! Building is currently set up with a large open 3,500 square foot central event space (currently rents out for special occasions, etc.), commercial kitchen (also available for lease), and various separated suites with bathrooms (eight suites total with roughly 800 square feet each -- seven suites are currently rented). Current monthly rental income is $6300.00 but is oftentimes more with income from central space and kitchen (average additional monthly event income is $613.75). Ample off-street parking as well (parking area has been expanded by current owners). Updates in the last six years include roof and soffit repair, flooring in various areas, efficient interior light panels, HVAC in suites 5, 6, 7 & 8, kitchenette with custom backsplash in suites 7 & 8, addition of security alarm systems as well as security cameras, networking throughout, external glass entry doors for each suite, and fire suppression system with welded seam hood in full commercial kitchen. Truly a turnkey commercially zoned structure with amazing interior space -- plus over 8 acres outside to expand, build additional structures, add additional parking -- the choice is yours! Once in a lifetime opportunity!
11.1 flat acres in Lincoln, IL ready for commercial and/or residential development. This parcel sits just north of Route 121/Woodlawn Road, between N. Main Street and N. Jefferson Street. The acreage is currently being farmed and a majority of the property is zoned C-2 (Commercial) with a few spaces on N. Jefferson zoned R-2 (Residential). The property is located in the Enterprise Zone. The property can be subdivided - see photos for GIS parcel outline and Lincoln Zoning Map.
Executive downtown Lincoln, Illinois commercial buildings -- two for one! Over 14,000 square feet of high-quality finished office space -- use to your liking! Various mens and womens bathrooms, kitchenettes, meeting rooms, front lobby type areas, entrances/exits -- such a fine unique blend of spaces that could easily help a new owner accommodate various business needs. Building currently houses several great tenants ($6,000/month in rental income with LOADS of possibilities for more) in a high traffic premier location on the historic downtown Lincoln, Illinois square -- currently separated off into various offices -- A TRULY UNIQUE OPPORTUNITY! Zoned heating and cooling. A must to view in person is 604 Broadway Street, Lincoln as well as 108 N. Kickapoo Street, Lincoln to truly capture as well as comprehend all that these tastefully updated and upgraded stately commercial structures have to offer!
Broker Owned. Very nice former restaurant with a drive thru land with a large amount of stacking for cars. The roof was replaced in approximately 2020 with a membrane roof. There are two furnaces and air conditioning rooftop units on the property.
Here’s a rare chance to own a well-known local landmark. Once home to the Glass House Tavern from 1992 through 2020, this standout commercial property is packed with character, space, and potential. With more than 7,500 square feet and access to the neighboring parking lot, the layout is ideal for just about any business you can dream up. The main level offers over 3,800 square feet and includes a fully outfitted former bar area with tables, chairs, barstools, TVs, coolers, cash registers, and more. There’s a large walk-in beer cooler for storage, along with a second cooler featuring built-in keg taps if you want to bring the bar back to life. You’ll also find five half bathrooms, an office, and plenty of storage throughout. The upper level adds another 3,800+ square feet of unfinished space, giving you a blank canvas for expansion, event space, apartments, or whatever your vision calls for. Located just one block from Uptown Lincoln and directly across from IGA, this high-visibility spot offers steady traffic and endless opportunity. Whether you want to revive a community favorite or create something entirely new, this property is ready for it.
Agent owned. Nice corner lot on College Avenue which is currently zoned residential. If owner intends to use it for commercial use the property would need to be rezoned to Commercial use. There is a 720 square foot garage on the site.
Agent owned. Great development site for residential or commercial development. Commercial development would require a rezoning of the property. Parcel is currently zoned residential. Great visibility on a high traffic street. All utilities should be readily available as the property fronts Keokuk Street. Lot must be purchased with 628 College Avenue to the West. Property is located in the Enterprise Zone which provides for sales tax free building materials.
Don't miss your chance at owning this turn-key thriving bar in Lincoln, IL. This well-established business offers a party room, ideal for private events and gatherings, with ample space to accommodate various functions, a vibrant outdoor area perfect for al fresco drinks and socializing. This establishments offers a wet and dry bar & (2) storage areas as well as up to date restrooms. Prime location, fully equipped bar set-up, fresh interior design, and loyal customer base. This bar combines a fun atmosphere with practical amenities, offering both a strong foundation and exciting growth potential. Whether you're an experienced operator or a passionate entrepreneur, this venue is ready to turn your vision into reality.
Over $50,000 in improvements in the past couple of years! The opportunity to own a staple in the Lincoln/Logan County community is now before you -- The Blue Dog. This fabulous popular restaurant has had a presence in the local community since 1979. Expanded in 2012 (capacity went from 70 to 110), The Blue Dog is without question a crowd favorite. This turn key restaurant comes fully equipped/furnished (with the exception of a few wall hangings/personal items). Property features adjacent off-street parking, a full basement, rear carport, overhead second floor storage/work space, as well as a second floor two bedroom apartment that is currently rented for $700.00/month (address is 113 1/2 S. Sangamon Street, Lincoln). NEW within the past couple of years -- salad bar, 8-Tap kegerator, 6-foot flame grill with meat refrigerator below, two soda stations with ice bins, five added booths, one new deep fryer (two baskets), bar refrigerator, triple refrigerator in kitchen, 30-quart floor stand commercial mixer -- the list goes on! Ever dreamt of being in the restaurant business? Opportunity knocks with this established establishment. Call your agent of choice today as this property has truly been smartly priced!
A unique opportunity to buy a 247,000 sq ft building in Lincoln, Illinois. It has 8 docks and 3 drive-ins. It's close to the main corridor of I-55 between St. Louis and Chicago. It is very well maintained and very open. In Lincoln, the property is located on the east side of town with easy 2-mile access to I-55. Great spaces for offices- Admin and conference room. Kitchen and bathroom. 6000 sq ft offices (15 offices total) Interior painted recently all furniture remains. New ceilings in offices. One section (22,000 sq ft) newer roof. All new lighting throughout the building. 12-13 acres, 6500 amp services, 2 Transformers, 56 Heating units in the entire building. 3000 sq ft Shop area!
Lincoln's best visibility to Interstate 55 is available for your business. 3.2 acres of Industrial zoned commercial property with access off of Heitmann Dr.. Property is in an enterprise zone and also in and economic opportunity zone. Off site water detention is provided as part of the master development. The property has water, sewer, telephone and natural gas to the property line.
Great investment property for sale in Lincoln, IL. This third-floor business condominium is located on the south side of the vibrant downtown Lincoln square, at the SW corner of Pulaski St. and South McLean St. The floor is leased to, and fully occupied by a single tenant. The current lease runs through June 23, 2027, with a 3-year renewal option. Lots of natural light throughout the space with beautiful windows throughout and overlooking the Logan County Courthouse. This property offers great walkability to nearby restaurants and retail stores. The building is currently fully occupied with professional offices. Offered at a 9% cap rate - this property is priced to sell! Call Todd Smith 217-441-8000
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

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Lincoln is located in Illinois. Lincoln, Illinois has a population of 13,217. Lincoln is less family-centric than the surrounding county with 22.45% of the households containing married families with children. The county average for households married with children is 28.07%.
The median household income in Lincoln, Illinois is $51,915. The median household income for the surrounding county is $59,809 compared to the national median of $69,021. The median age of people living in Lincoln is 39.1 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 17.3 degrees. The average rainfall is approximately 38.3 inches per year, with 17.3 inches of snow per year.