Property profile

1611 Kickapoo St Lincoln, IL 62656

OFF-MARKET
Commercial real estate
Property ID
US28-3925808
1.72 ac lot
Entity Owned 5-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional industrial property in Lincoln, IL, presents a compelling investment opportunity. The 1.72-acre lot features two buildings: a +/- 3,840 sq ft brick/block structure and a +/- 6,144 sq ft metal storage building. The metal building boasts a convenient drive-through design with multiple overhead doors (three 14'W x 14'H on the east, two 15'W x 14'H on the south, and one 14'H x 13'W on the north). The property also includes a concrete area west of the metal building, offering potential for expansion. The seller will remove existing debris (sand, gravel, tires, and a truck axle) before closing. The buildings are unheated and currently lack internal water. The property's irregular triangular shape and ample space make it ideal for businesses such as landscaping or earth-moving companies. The roof type of the brick building is undetermined. The property is zoned industrial and offers a total of 9,984 square feet of space at an asking price of $225,000 ($22.54/sq ft). The property's APN is 08-030-005-00. The ceiling height in the buildings is approximately 14 feet. This property is owned by a corporation.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.72 ac (74,923 SF)
APN 08-030-005-00
UPID US28-3925808

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1611 Kickapoo St Lincoln, IL 62656-1331
Lincoln metro Census 953200 LINCOLN, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2021
Last sale
$525,000
1 recorded transaction
2021
$525,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1611 Kickapoo St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message