Multi-Suite Office
For Lease
$850,000
1500 N Mclean Street, Lincoln, IL 62656
Eight office suites with bathrooms accompany a central event area and full commercial kitchen.
Space SizeContact for details
Property Size15,000 SF
Lot Size8.36 Acres
Days on Market26
Property Features for 1500 N Mclean Street
General Information
Standard status
Active
Size
15,000 SF
Lot size
8.36 Acres
Property subtype
Commercial
Amenities
security alarm systems
security cameras
networking throughout
external glass entry doors for each suite
fire suppression system with welded seam hood in full commercial kitchen
Building Details
Building Size
15,000 SF
Construction
brick and stone
Tenancy
Multi
Listing Agency:
ME Realty
Listed By:
Seth Goodman (sethsellslincoln@gmail.com)
Source:
Davisrealtor
Added: Aug 5
Changed: Aug 29
Last Checked: Aug 29 at 2:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ME Realty
Investment Insights
Based on property information with market context.
The Dugan Center is a nearly 15,000-square-foot brick-and-stone commercial building arranged for multiple office users. Eight individual suites provide approximately 800 square feet each and include bathrooms; seven are currently rented. The property also contains a 3,500-square-foot central event area and a full commercial kitchen available for lease.
The building occupies 8.36 acres at 1500 N Mclean Street in Lincoln, Illinois, with expanded off-street parking. Recent improvements include roof and soffit repairs, flooring replacements, efficient interior lighting, selected HVAC upgrades, suite kitchenettes, external glass entry doors, security alarms, security cameras, networking, and a fire-suppression system with a welded-seam hood in the kitchen.
The building occupies 8.36 acres at 1500 N Mclean Street in Lincoln, Illinois, with expanded off-street parking. Recent improvements include roof and soffit repairs, flooring replacements, efficient interior lighting, selected HVAC upgrades, suite kitchenettes, external glass entry doors, security alarms, security cameras, networking, and a fire-suppression system with a welded-seam hood in the kitchen.
Key Highlights
- Nearly 15,000 square feet in a brick‑and‑stone commercial building
- 8.36‑acre property with expanded off‑street parking
- Eight suites of roughly 800 square feet each; seven are currently rented
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Office units - Eight office suites with bathrooms accompany a central event area and full commercial kitchen.
Where is this office units located?
The property is located at 1500 N Mclean Street Lincoln, IL.
What is the lease rate?
The lease rate is $850,000.
What are key features of this property?
This property features: Nearly 15,000 square feet in a brick‑and‑stone commercial building; 8.36‑acre property with expanded off‑street parking; Eight suites of roughly 800 square feet each; seven are currently rented
