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    529 Pulaski St Lincoln, IL 62656

    For Sale
    $345,500

    Third-floor business condo in downtown Lincoln, fully leased until 2029.

    Property size:
    4,120 SF
    Lot size:
    0.25 Acres

    Property Features for 529 Pulaski St

    General Information

    Size
    4,120 SF
    Lot size
    0.25 Acres

    Source: Todd P Smith Commercial Real Estate Agent Todd P. Smith

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

    Overview

    Lincoln, IL Office Investment Property

    This commercial property is a third-floor business condominium located on the south side of the Lincoln square, at the southwest corner of Pulaski Street and South McLean Street. The space is currently leased to a single tenant, with the lease running through March 2024 and a second five-year renewal option available until 2029. The property features natural light throughout, with windows overlooking the Logan County Courthouse. The building is fully occupied with professional offices. The property offers walkability to nearby restaurants and retail stores. The property size is 4,120 square feet and is suitable for office space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ReviveVital HGH Peptides ... Medical Clinic

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Logan
    State
    Illinois
    Longitude
    -89.3628483
    Latitude
    40.1452182

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    FAQs

    What type of property is this?
    Office space - Third-floor business condo in downtown Lincoln, fully leased until 2029.
    Where is this office space located?
    The property is located at 529 Pulaski St Lincoln, IL.
    What is the asking price?
    The asking price for this property is $345,500.
    What are key features of this property?
    This property features: - Great investment property.; - Leased to a single tenant through March 2024 with a 5-year renewal option until 2029.; - Located in the vibrant downtown Lincoln square.
    (217) 441-8000
    Request Owner's contact information
    529 Pulaski St 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
    529 Pulaski St Lincoln, IL 62656
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