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Retail Building with Upstairs 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 Market317

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

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: Aug 26 at 11:06AM
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 updated commercial building offers retail space with tall tin ceilings and multiple storefront windows that bring in natural light. An attached additional retail location is included and is described as not updated. A full basement provides storage space.

The property also includes a three-bedroom apartment upstairs with a flex room, full kitchen, oversized living room, updated amenities, and private garage parking for residents. Updates called out since 2016 include new windows, flooring, roofing, energy-efficient LED lighting, and a reverse osmosis water system. The sellers state the owned solar panels are fully paid off.

The building is listed in COMMR zoning, and the location is described as being within eyesight of local businesses and restaurants, with the Amtrak station noted as a short distance away.

Key Highlights

  • Brick commercial building built in 1922 with central air and natural gas available
  • Updated since 2016: new windows, flooring, roofing, energy‑efficient LED lighting, plus reverse osmosis water system
  • Includes a 3‑bedroom apartment upstairs with flex room, full kitchen, oversized living room, updated amenities, and private garage parking

Property Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Electrical Service Garden Center Law Firm 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

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Updated downtown retail building with storefront windows, tall tin ceilings, and a three-bedroom apartment above with garage parking.
Where is this retail space 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: Brick commercial building built in 1922 with central air and natural gas available; Updated since 2016: new windows, flooring, roofing, energy‑efficient LED lighting, plus reverse osmosis water system; Includes a 3‑bedroom apartment upstairs with flex room, full kitchen, oversized living room, updated amenities, and private garage parking
More about this property
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