1128 E LINCOLN Street, Riverton, IL 62561
2.6 acres of commercially zoned land with storage units.
- Added:
- Mar 12, 2026
- Days on Market:
- 117
- Last Refresh:
- Apr 5 at 10:09 pm
Property Features for 1128 E LINCOLN Street
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Lot size
- 2.60 Acres
- Property subtype
- Commercial/Industrial
Listing office Springfield Real Estate, LLC (217) 525-2288
Listing date Mar 12, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Springfield Real Estate, LLC
HighLights
- 2.6 acres of prime commercially zoned land
- Located on a central road by Riverton Middle School
- New development going up directly across the street
- Includes a building with 12 storage units
- Room for additional buildings on the lot
- Contract for Deed or Lease considered
Overview
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.6k | $10.20 |
| − Vacancy | −$2.4k | −$0.87 |
| EGI | $26.1k | $9.33 |
| − OpEx | −$7.8k | −$2.80 |
| NOI | $18.3k | $6.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Riverton
- County
- Sangamon
- State
- Illinois
- Longitude
- -89.5266
- Latitude
- 39.844
