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    102 W Lincoln Ave Charleston, IL 61920

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    For Sale
    $395,000

    Three-building office property with leasing and development opportunities.

    Property size:
    1,800 SF
    Lot size:
    0.19 Acres

    Property Features for 102 W Lincoln Ave

    General Information

    Size
    1,800 SF
    Lot size
    0.19 Acres

    Source: Coldwell Banker Commercial Devonshire Realty Agent Larry Kuchefski, CCIM

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

    Overview

    Office Property with Development Potential

    This property comprises three buildings, with three of the four units currently leased. A 900-square-foot office suite is available for lease. The existing leases are short-term, providing flexibility for future development. There is potential to expand the property to 1.03 acres.
    Insight Report Location Intelligence

    Current Use by Public Records

    Gateway Liquors Liquor Store Midgard Comics Comic Book Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Coles
    State
    Illinois
    Longitude
    -88.1832016
    Latitude
    39.4841269

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    FAQs

    What type of property is this?
    Office space - Three-building office property with leasing and development opportunities.
    Where is this office space located?
    The property is located at 102 W Lincoln Ave Charleston, IL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Potential for future development and expansion to 1.03 acres.; - Flexibility due to short-term leases.; - Three buildings included in the property.
    (217) 918-0871
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    Charleston, IL 61920
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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
    102 W Lincoln Ave Charleston, IL 61920
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