1119 Kickapoo Street Lincoln, IL 62656

This sale offering presents a 254,000 SF industrial warehouse with no deferred maintenance. The property is currently under an active tenant arrangement, with the seller to sign a new 1-year leaseback covering 20,000 SF at $3.40/SF gross per year. Notably, the building has not been actively marketed for lease in 15 years, which helps underscore its current operational stability and long-held ownership approach.

The facility is equipped with heavy electrical service, including 6,000 amps entering the building, along with a sprinkler system. Interior improvements include new LED lighting and new heaters throughout. The layout supports clear working space with ceiling heights ranging from 16 feet to 24 feet and wide column spacing of approximately 50’ by 50’. A rail spur connection at the rear of the property adds logistics flexibility for compatible warehouse users.

For buyers and tenants seeking an operationally ready warehouse, the combination of sprinkler protection, meaningful power capacity, and recent lighting and heating upgrades can reduce near-term capital needs. The rear rail spur and broad column spacing may appeal to distribution, storage, and light manufacturing tenants who value efficient floor planning, while the location near the I-55 interchange (approximately 3 miles) supports broader regional accessibility. Extremely low property taxes are an additional ownership consideration, currently stated at $27,350 per year.