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120 Chicago St Lincoln, IL 62656

For Sale
Contact for pricing

Two buildings, huge potential, AS IS.

Property size:
5,838 SF

Description

Added:
Feb 3, 2025
Days on Market:
310
This exceptional investment opportunity presents two adjacent, two-story commercial buildings located in the heart of Lincoln, Illinois, at 120 S Chicago Street. Each building offers substantial square footage, totaling 5,838 square feet across both structures. Currently vacant, these properties have been unoccupied for several years, presenting a unique chance for a savvy investor to capitalize on their considerable potential. The buildings are being sold "AS IS," reflecting their need for renovation and repair. However, this condition also translates to significant upside for a buyer willing to undertake a refurbishment project. The commercial zoning allows for a wide range of potential uses, making these buildings suitable for various business ventures. The prime downtown location offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong returns on investment. Given the size and location, this property is ideal for redevelopment into a thriving commercial space, offering a substantial return for the right investor. The absence of existing tenants allows for complete customization and the creation of a space tailored to specific business needs. This is a rare opportunity to acquire a substantial downtown property with significant potential for growth and profitability. Act quickly to secure this promising investment.

Property Features for 120 Chicago St

General Information

Property type
Other commercial real estate
Square Feet
5,838 SF

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Lincoln
County
Logan
State
Illinois
Longitude
-89.36394
Latitude
40.14682

FAQs

What type of property is this?
Commercial real estate - Two buildings, huge potential, AS IS.
Where is this commercial real estate located?
The property is located at 120 Chicago St Lincoln, IL.
What is the asking price?
The asking price for this property is $15,000.
More about this property
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