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    414 Pulaski St Lincoln, IL 62656

    For Sale
    $35,000

    Prime Location, Endless Potential, 1100 sq ft

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional mixed-use property, located at 414 Pulaski Street in the heart of Lincoln, Illinois, presents a unique investment opportunity. Previously home to the beloved Lincoln Vintage Fare, this 1,100 square foot building boasts excellent street-front visibility, ensuring high foot traffic and prominent exposure for any business. The open floor plan in the front offers versatile space ideal for retail, a boutique, office space, or a variety of other commercial uses. Two half-bathrooms are conveniently located within the main area. A separate, smaller area at the rear of the building provides additional space, leading to convenient back alley access. A sizable basement offers ample storage solutions. The property is being sold as is, reflecting its status as an estate sale. This prime downtown location, just off the square, offers unparalleled potential for entrepreneurs seeking a thriving business environment. The building's history and its current configuration provide a solid foundation for a wide range of commercial ventures. Don't miss this chance to own a piece of Lincoln's vibrant downtown scene. The asking price is $35,000. The lot size is zero acres.

    Property Features for 414 Pulaski St

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1951
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    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
    -89.36377
    Latitude
    40.14639

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Location, Endless Potential, 1100 sq ft
    Where is this mixed-use property located?
    The property is located at 414 Pulaski St Lincoln, IL.
    What is the asking price?
    The asking price for this property is $35,000.
    (309) 340-1000
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    414 Pulaski St Lincoln, IL 62656
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    Lincoln, IL 62656
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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
    414 Pulaski St Lincoln, IL 62656
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