Third-Floor Office
For Sale
$345,500
207 S Mclean Street Unit #3, Lincoln, IL 62656
Third-floor office condo is fully leased to a single tenant with lease terms running through June 23, 2027.
Property SizeContact for details
Days on Market41
Property Features for 207 S Mclean Street Unit #3
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$22,555
Listing Agency:
Todd P Smith Real Estate
(217) 553-5439
Listed By:
Todd Smith (todd@tpsmithre.com) · License #471004523
Source:
Curveyrealestate
Added: Jul 21
Changed: Aug 23
Last Checked: Aug 30 at 1:59PM
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.
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
702
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
Questions? Ask Rey
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Frequently Asked Questions
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 Unit #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
