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    1020 N Postville Dr Lincoln, IL 62656

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    For Sale
    $150,000

    1.524 acres of commercially zoned land on highly traveled corner.

    Lot size:
    1.52 Acres

    Property Features for 1020 N Postville Dr

    General Information

    Lot size
    1.52 Acres

    Source: Keller Williams Capital Agent Seth Goodman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    High-Exposure Commercial Land Opportunity

    This property features two side-by-side commercially zoned parcels totaling 1.524 acres. The location offers high traffic exposure, situated on a corner lot at Woodlawn Road and Old Route 66. The surrounding area includes established commercial businesses such as Casey's, McDonald's, and Four Corners Lube. This vacant commercial ground is located in Lincoln, Illinois.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Logan
    State
    Illinois
    Longitude
    -89.385885
    Latitude
    40.1581135

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    FAQs

    What type of property is this?
    Commercial land - 1.524 acres of commercially zoned land on highly traveled corner.
    Where is this commercial land located?
    The property is located at 1020 N Postville Dr Lincoln, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Prime location on a highly traveled corner lot (Woodlawn Road and Old Route 66).; - Zoned for commercial use.; - Total of 1.524 acres across two side-by-side parcels.
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    1020 N Postville Dr 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
    1020 N Postville Dr Lincoln, IL 62656
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