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
Stately two story vinyl sided duplex situated in an ultra convenient spot! Main floor of each unit consists of a living room as well as a kitchen. Upper level of each unit features a landing area, large bedroom, and a full hall bath. Property also features a basement (exterior access only), covered front and rear porch areas, replacement windows, two newer furnaces, two newer water heaters, newer plumbing and electrical -- the list goes on! Units currently rented for $700.00/month and $725.00/month. Live in one side and rent the other -- or rent both and see a positive cash flow each month! Opportunity knocks!
Beautiful 132X186 corner lot in The Legends Subdivision (corner of Castle Pines Place/Pelican Hill Court). Situated within Chester-East Lincoln school district surrounded by lovely newer homes, this choice lot is a rare find! No gas (would be propane), well, or septic currently on premises. Large storage shed on property to remain. Purchase now and begin building this summer/fall!
This is an ideal high traffic location for your business across the street from Big R. and Super Walmart. Located at a stoplight intersection for easy access. Property is currently in the county and not yet annexed to the City of Lincoln. Traffic counts on Rt.10/Woodlawn Rd. are 15,600 per 2015 IDOT count. The property is located in an enterprise zone which provide for attractive development incentives. Additional income is provided by the billboard on site. Buyer is responsible to verify utilities and access. Address is approximate since parcel is not currently in the City the City hasn't assigned an address.
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.