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Updated Mixed-Use Property with Apartment
For Sale
$585,900

113 N Kickapoo Street, Lincoln, IL 62656

Commercial Sale, Lincoln, IL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market348

Property Features for 113 N Kickapoo Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Lincoln IL Downtown Square on Kickapoo St.
Subdivision Lincoln
Standard status Active
APN 0821009800
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5523

Utilities

Utilities Natural Gas Available
Cooling system Central Air

Amenities

tall tin ceilings
storefront windows
full basement
owned solar panels
reverse osmosis water system

Building Details

Year built 1922
Floors in Building 3
Number of units 1
Building materials Brick
Listing Agency: BHHS Central Illinois, REALTORS · Berkshire Hathaway HomeServices
Listed By: Brandon Shaffer · License #471019606
Added: Oct 14, 2025 Changed: Aug 19 Last Checked: Sep 26 at 2:06PM
MLS# 12490906

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick mixed-use property, constructed in 1922, combines commercial space with a three-bedroom apartment on the upper level. The residence includes a flex room, full kitchen, oversized living room, updated amenities, and private garage parking. The primary storefront features tall tin ceilings and multiple windows, while an attached retail area provides a separate commercial setting. A full basement adds storage capacity.

Updates completed since 2016 include windows, flooring, roofing, LED lighting, and a reverse osmosis water system. Owned solar panels are fully paid off, and the property also has central air and natural gas availability. The building is located in downtown Lincoln near other businesses and restaurants, with the Amtrak station a short distance away. The property is zoned COMMR and occupies 0.1684 acres.

Key Highlights

  • Three‑bedroom upstairs apartment with flex room, full kitchen, oversized living room, and private garage parking
  • Primary storefront includes tall tin ceilings and multiple storefront windows
  • Attached retail area provides a separate commercial setting from the main space

Property Analytics

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Current Use

Sir Renna Tea (Bike/Boat/Book/etc) Store Guest House Coffee ... Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Garden Center Grocery & Convenience Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

702
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 41% Shops & Services 40% Home Improvements & Furnishings 19%
Lincoln IGA Groceries
10,244 visits/mo 0.1 miles
Ace Hardware Of Lincoln Home Improvements & Furnishings
4,623 visits/mo 0.4 miles
BP Shops & Services
3,474 visits/mo 0.1 miles
Regions Bank Shops & Services
2,581 visits/mo 0.2 miles
Hallmark Shops & Services
2,093 visits/mo 0.1 miles

Demographics for 62656, IL

18,634
Population
7,569
Households
2.5
Avg Household Size
41
Median Age
18%
College-Educated
90%
High-School Grad
142.8 sq mi
ZIP Area
130
Density / Sq Mi
$59,129
Median Household Income
$32,170
Median Earnings
$807
Median Rent
$128,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown commercial building combines storefront space, an upper-level residence, and a separate attached retail area.
Where is this mixed-use property located?
The property is located at 113 N Kickapoo Street Lincoln, IL.
What is the asking price?
The asking price for this property is $585,900.
What are key features of this property?
This property features: Three‑bedroom upstairs apartment with flex room, full kitchen, oversized living room, and private garage parking; Primary storefront includes tall tin ceilings and multiple storefront windows; Attached retail area provides a separate commercial setting from the main space
More about this property
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