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    1351 Lincoln Ave Jacksonville, IL 62650

    Sponsored
    For Sale
    $640,000

    Prime Office Space, 10,000+ sq ft

    Property size:
    10,087 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional two-level commercial property at 1351 Lincoln Avenue in Jacksonville, Illinois, offers over 10,000 square feet of high-quality office space. The main level encompasses 5,087 square feet, featuring a grand entry foyer, numerous spacious offices with ample natural light, and a substantial boardroom. The lower level, at approximately 5,000 square feet, is partially finished, providing significant potential for expansion or customization. The building's design allows for flexible leasing options, making it ideal for a single tenant or multiple occupants. Convenient drive-up access is a key feature, enhancing accessibility and convenience. Additional amenities include a dedicated elevator servicing both levels, a prominent lighted masonry monument sign for excellent visibility, a large bank vault offering secure storage, expansive workrooms, and abundant storage space throughout. The property is priced at $640,000 and presents a rare opportunity to acquire a well-maintained, impressive commercial building in a desirable location. The building's size and features make it suitable for a variety of businesses seeking a prestigious and functional workspace. The partially finished lower level offers significant potential for future development and expansion to meet evolving business needs.

    Property Features for 1351 Lincoln Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,087 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    South Central Illinois ... Mortgage Lender Turner Scientific Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Sangamon
    State
    Illinois
    Longitude
    -90.24863
    Latitude
    39.71682

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Office Space, 10,000+ sq ft
    Where is this commercial real estate located?
    The property is located at 1351 Lincoln Ave Jacksonville, IL.
    What is the asking price?
    The asking price for this property is $640,000.
    (217) 303-8445
    Request Owner's contact information
    1351 Lincoln Ave Jacksonville, IL 62650
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    Jacksonville, IL 62650
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1351 Lincoln Ave Jacksonville, IL 62650
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