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Third-Floor Office Condominium

207 S McLean Street #3 Lincoln, IL 62656

207 S McLean Street #3, Lincoln, IL, 62656
$345,500
For Sale
$345,500

Third-floor office condo is fully leased to a single tenant with lease terms running through June 23, 2027.

Property Size4,120 SF
Price / SF$83.86
Days on Market1311

Property Features for 207 S McLean Street #3

General Information

Standard status
Active
Size
4,120 SF
Property subtype
Commercial
Listing agency Todd P Smith Real Estate
Listed by Todd Smith · License #471004523
Source Craggsrealtors
Added: Dec 19, 2022 Updated: Jul 22 at 5:30AM Checked: Jul 22 at 5:30AM

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 Todd P Smith Real Estate


Investment Insights

Based on property information with market context.

This third-floor business condominium offers a professional office setup with lots of natural light and windows throughout. The space is fully occupied by a single tenant under an in-place lease, which runs through June 23, 2027, with a three-year renewal option.

Located on the south side of the downtown Lincoln square at the southwest corner of Pulaski St. and South McLean St., the office has windows overlooking the Logan County Courthouse. The property also benefits from walkability to nearby restaurants and retail.

The building is fully occupied with professional offices, providing a steady, occupied arrangement for an investor or tenant-buyer.

Key Highlights

  • Third‑floor office business condominium in Lincoln, IL
  • Fully leased and fully occupied by a single tenant
  • Lease runs through June 23, 2027, with a 3‑year renewal option

Property Analytics

Location Intelligence

Current Use by Public Records

Muck & Muck Attorneys ... Law Firm J.M. Abbott & Associates ... Accounting Firm Pacesetter Financial Group, ... Financial Advisor Germeraad Law Office Law Firm Dr. John Agapis Dental Office

Suggested Use

Real Estate Agency Pharmacy Electrical Service Bakery Garden Center Law Firm Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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

FAQs

What type of property is this?
Office units - Third-floor office condo is fully leased to a single tenant with lease terms running through June 23, 2027.
Where is this office units located?
The property is located at 207 S McLean Street #3 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: Third‑floor office business condominium in Lincoln, IL; Fully leased and fully occupied by a single tenant; Lease runs through June 23, 2027, with a 3‑year renewal option
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