Lincoln IL Real Estate & Commercial for Sale

14 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
3,600
Status:
Active
MLS#:
CA1033979
Type:
General Commercial
Courtesy: ME Realty
View additional info

ADDITIONAL INFORMATION

Opportunity awaits the new owners of this spacious commercially zoned property located only steps away from historic downtown Lincoln, IL. There are two sides to 305 Decatur with one side (the left side if looking at the building) having three levels that could be used for a variety of ways. The lower level could be used in for whatever you'd like with plenty of shelving for storage as well as convenient kitchen and bathroom. The middle level has secretary area, employee work room, customer waiting space, as well as several private offices. The top level as a nice sized conference room area as well as additional private office space. The right side of the building (area to the west), currently is rented and has a month to month tenant. It features additional office space area, conference room, customer waiting room and secretary area, and employer work room. With it's amount of space (3600 sq. feet in total) and desirable location near the downtown area, 305 Decatur has limitless potential for its new owners. Call your agent of choice to check out this unique property in Lincoln, IL.

Beds:
n/a
Baths:
Sq.Ft.:
4,454
Status:
Active
MLS#:
CA1033340
Type:
General Commercial
Lot size:
1.23 Acres
Year built:
1955
Courtesy: CA8300
View additional info

ADDITIONAL INFORMATION

Showings to begin after December 10, 2024

Beds:
n/a
Baths:
Sq.Ft.:
5,838
Status:
Active
MLS#:
CA1032938
Type:
General Commercial
Courtesy: ME Realty
View additional info

ADDITIONAL INFORMATION

Two side by side two story downtown buildings in need of repair -- sold AS IS. Both structures have sat vacant for a number of years, but overflow with opportunity and potential. Revive these commercially zoned buildings and truly make them shine for years to come!

Beds:
n/a
Baths:
Sq.Ft.:
5,600
Status:
Active
MLS#:
CA1032870
Type:
General Commercial
Courtesy: ME Realty
View additional info

ADDITIONAL INFORMATION

** RESTAURANT WILL REMAIN OPEN! ** Premier 5,600 square foot two story all brick commercial structure situated in historic downtown Lincoln, Illinois! Main floor currently hosts a popular restaurant -- Ami-gos' World -- while the upper level currently features a fully functional three bedroom apartment with ample natural light and large flowing rooms. The main floor has seen a full renovation within the past year by current owners and features a large open dining area with neat high tin lined ceilings, dish room, large upgraded kitchen, two baths, bar area, and a reception area. Upper level apartment features a separate front facing entry and is host to a massive open living concept, dining/office area, kitchen, three bedrooms, full bath, and laundry facilities. Property also features a large full basement as well as an attached (no interior access) rear storage area. List price is for structure only, but sellers are willing to discuss additional options should buyer(s) wish to purchase appliances, equipment, etc. Want to own and lease back to the current owners to continue to operate out of? They would love to have that discussion! Abundant opportunity presents itself here!

Beds:
n/a
Baths:
Sq.Ft.:
2,960
Status:
Active
MLS#:
CA1032029
Type:
General Commercial
Courtesy: ME Realty
View additional info

ADDITIONAL INFORMATION

** Business will remain open -- list price is for the building ONLY -- seller is willing to entertain discussions regarding selling personal property with at a higher price! ** This downtown building has been extensively renovated inside from top to bottom -- no detail left behind and no cost spared! Interior features a great entry/greeting area, fabulous open concept dining space with elegant tin ceilings and timeless fixtures, prep area, large kitchen area, two separate baths, mechanicals, and storage space. Rich cherry wood finishes throughout furthermore showcase this popular establishment. All supplies, furnishings, etc. can remain (at a higher price) with exception of one dough proofing bowl and oval dining table. Sorrento’s has been in business for 54 years locally and has been housed within this structure since 2018 -- let your imagination roam and use said structure however you would like! All reasonable offers will be considered -- let's talk!

Beds:
n/a
Baths:
Sq.Ft.:
2,220
Status:
Active
MLS#:
12165693
Type:
Retail
Year built:
1977
A broker reciprocity listing Courtesy: Coldwell Banker Commercial Real Estate Group 630-844-2222
View additional info

ADDITIONAL INFORMATION

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.

Beds:
n/a
Baths:
Sq.Ft.:
1,032
Status:
Active
MLS#:
CA1031595
Type:
General Commercial
Courtesy: ME Realty
View additional info

ADDITIONAL INFORMATION

Beautiful conveniently located all brick commercially zoned structure situated just steps from the Amtrak station and the historic downtown Lincoln, Illinois square! Currently housing Prairie Threads men's clothing store, this solid well-appointed structure could easily house a large variety of small professional businesses (zoned R-2)-- or, could potentially be converted into a darling single-family residence. Partial basement, rear ramp, in addition to front street parking as well as rear off-street parking. Vinyl replacement windows. Updated flooring, fixtures, plumbing, furnace, central air conditioning unit, fresh paint -- super clean and fresh! Expect to be impressed by this one!

Beds:
n/a
Baths:
Sq.Ft.:
11,000
Status:
Active
MLS#:
CA1030912
Type:
General Commercial
Courtesy: ME Realty
View additional info

ADDITIONAL INFORMATION

This large Bank facility had been home to State Bank of Lincoln for a century plus. There are 20+ private offices, multiple restrooms,4 large conference rooms (it's 11,000 sf). The lobby features high ceilings...large walking vault...private offices. The seller (Heartland B&T) would like this facility to be turned into useful resource for Lincoln area residents....so let's put our creative hats on and repurpose this great facility into a Lincoln asset.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
12107125
Type:
Mixed Use
Year built:
1951
A broker reciprocity listing Courtesy: RE/MAX Rising 309-340-1000
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ADDITIONAL INFORMATION

Attention entrepreneurs! Don't miss this opportunity to own the same building which once housed the classic Lincoln Vintage Fare! The possibilities are endless for this prime location in downtown Lincoln, just off the square. This space would be perfect for a clothing boutique, antique dealer, hobby shop, video gaming, office, etc. Use your imagination to realize your business dream with 1,100 square feet of space and great street-front visibility. Large, open space in front with two half-baths. Separate, smaller back area leading to back ally access and basement area good for storage. Sold as presented (estate sale).

Beds:
n/a
Baths:
Sq.Ft.:
7,832
Status:
Active
MLS#:
CA1030132
Type:
General Commercial
Year built:
1880
Courtesy: ME Realty
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ADDITIONAL INFORMATION

Over $50,000 in improvements in the past year! 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 year -- 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!

Beds:
n/a
Baths:
Sq.Ft.:
247,000
Status:
Active
MLS#:
12022184
Type:
Business Opportunities
Year built:
1950
A broker reciprocity listing Courtesy: RE/MAX Choice 309-664-8500
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ADDITIONAL INFORMATION

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!

Beds:
n/a
Baths:
Sq.Ft.:
9,600
Status:
Active
MLS#:
CA1027019
Type:
General Commercial
Courtesy: ME Realty
View additional info

ADDITIONAL INFORMATION

WOW! This well known 9,600 square foot commercially zoned block and stone structure is the true definition of SOLID AS A ROCK! Main floor features a gracious incredibly open gathering area with hardwood flooring and a side facing exterior access point with a ramp for easy access, large kitchen/prep area, two separate bathrooms, and additional flexible space. The lower level is host to an additional kitchen/prep area with a newly installed vent hood, various office spaces, two additional separate bathrooms, and a large open area that previously housed a bar. Lower level features a separate rear exterior access point, walk-in cooler, and a side facing ramp for easy delivery of items, etc. Property also features an architectural roof, two heating/cooling units, newer on demand water heater, vinyl windows, and a massive parking lot. So much space to do as you please here situated within a convenient location with constant exposure to solid traffic flow right out your front door! Let your imagination and creative talents run wild! ** NOTE -- SCHEDULED EVENTS WILL CONTINUE ON SITE THROUGH SETTLEMENT! **

Beds:
n/a
Baths:
Sq.Ft.:
11,920
Status:
Active
MLS#:
CA1024705
Type:
General Commercial
Courtesy: ME Realty
View additional info

ADDITIONAL INFORMATION

This expansive commercial three story brick structure situated just steps from the historic downtown district has hosted businesses and a plethora of tenants over the years! Currently vacant (and has been for years), this property needs extensive repair but imagine the end result/payout! Main floor features a roughly 4,300+ square foot commercial space. Second and third floors are host to various apartments -- all of which were once and could be once again captivating in so many regards! Property also features a basement. Sold "AS IS, WHERE IS", you can truly let your imagination run absolutely wild with this one!

Beds:
n/a
Baths:
Sq.Ft.:
4,120
Status:
Active
MLS#:
CA1019684
Type:
General Commercial
Courtesy: Todd P Smith Real Estate
View additional info

ADDITIONAL INFORMATION

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

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

Listings courtesy of RMLS Alliance as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 purchasing. Copyright © 2025 RMLS Alliance. All rights reserved.



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 Real Estate

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.

Lincoln Weather

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.

Lincoln Map

Lincoln Real Estate Market Conditions

  • Median sales price

    $134,900
    11.6%
    change since last quarter
  • # Active listings

    51
    30-day change

Lincoln Schools and Demographics

Education near Lincoln, IL

City County
High School Graduates 93.03 90.35
College Degree - 2 year 7.45 9.15
College Degree - 4 year 19.98 21.07
Graduate Degree 4.47 5.26
Expenditures per Student 19,613 19,613
Students per Teacher 11.6 11.6

Elementary Schools near Lincoln, IL

Grades Students P/T Ratio ZIP
Adams Elementary School PK - 02 113 16.4 62656
Central Elementary School KG - 05 218 15.2 62656
Chester-East Lincoln Elementary School PK - 08 286 13.6 62656
Jefferson Elementary School KG - 02 48 8.6 62656
Mount Pulaski Elementary School PK - 08 357 15.2 62548
New Holland-Middletown Elementary School KG - 08 105 8.5 62666
Northwest Elementary School KG - 05 185 14 62656
Olympia South Elementary School PK - 05 352 18.5 61723
Washington-Monroe Elementary School KG - 05 287 16 62656
West Lincoln-Broadwell Elementary School KG - 08 176 12.3 62656

Middle Schools near Lincoln, IL

Grades Students P/T Ratio ZIP
Lincoln Junior High School 06 - 08 398 14.6 62656

High Schools near Lincoln, IL

Grades Students P/T Ratio ZIP
Hartsburg-Emden Junior-Senior High School 06 - 12 126 10.1 62643
Lincoln Comm High School 09 - 12 860 16 62656
Mount Pulaski High School 09 - 12 185 10.3 62548

Demographics near Lincoln, IL

City County
Neighborhood Type Suburban
Population 13,217 28,238
Population Density 2,114 46
Median Age 39.1 39.9
People per Household 2.1 2.2
Median Household Income 51,915 59,809
Average Income per Capita 30,206 30,920

Real estate near Lincoln