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Three-Acre Flex Space with Outside Storage
For Sale
Under Contract
$1,100,000

320 W Lincoln Highway, Cortland, IL 60112

COMMERCIAL - Cortland, IL

Property SizeContact for details
Lot Size3.00 Acres
Days on Market329

Property Features for 320 W Lincoln Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Lincoln Highway (Route 38) west of Somonauk Road on the south side of the road
Subdivision Cortland
Standard status Active Under Contract
APN 0930200009
Lot size 3.00 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 9955

Utilities

Cooling system Central Air

Amenities

conference room
break room
IT room
motorized security gate
manual interior yard gate
shower

Building Details

Year built 1980
Floors in Building 1
Number of units 3
Flooring type Concrete
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Charles Kirkwood · License #475142955
Added: Sep 17, 2025 Changed: Aug 4 Last Checked: Aug 11 at 9:06AM
MLS# 12468796

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Three-acre flex space consisting of three buildings and a fully fenced yard, positioned for contractors and other users needing hard-to-find outside storage. The main building totals 7,140 SF, including 5,340 SF of warehouse space and 1,800 SF of office space. An additional 1,800 SF mezzanine provides extra storage capacity.

The heated warehouse includes 16' ceilings (12' minimum clear), four 14' tall overhead doors and one 16' tall overhead door. The office space is heated and air conditioned, with a large reception area, five private offices, a conference room, a break room with a sink, and an IT room. Two bathrooms are included, including a warehouse bathroom with a shower.

Two unheated, uninsulated steel outbuildings expand storage options. The front outbuilding is approximately 2,520 SF, split into two areas with three OHD openings, an 11' clear ceiling height, a concrete floor, and a 200 amp electric panel. The second outbuilding is approximately 4,320 SF with two OHD openings, a 16' clear ceiling height, and a gravel floor. A motorized security gate and a manual interior yard gate support controlled access. The property is on well and septic and is 2 miles to I-88.

Key Highlights

  • Fully fenced three‑acre flex site with three buildings ready for immediate occupancy
  • Main building totals 7,140 SF: 5,340 SF warehouse, 1,800 SF office, plus 1,800 SF mezzanine
  • Heated warehouse features 16' ceilings (12' minimum clear) and five overhead doors (four 14' OHD, one 16' OHD)

Property Analytics

Current Use

Complete Fence General Contractor Northern Illinois Fence, ... General Contractor

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Electrical Service Garden Center Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby
Balanced
Demand for This Use

Demographics for 60112, IL

4,560
Population
1,691
Households
2.7
Avg Household Size
33
Median Age
31%
College-Educated
94%
High-School Grad
3.7 sq mi
ZIP Area
1,232
Density / Sq Mi
$79,506
Median Household Income
$43,125
Median Earnings
$1,420
Median Rent
$202,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Fenced three-building flex site with heated warehouse, office space, mezzanine storage, and multiple overhead doors on well and septic.
Where is this flex space located?
The property is located at 320 W Lincoln Highway Cortland, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Fully fenced three‑acre flex site with three buildings ready for immediate occupancy; Main building totals 7,140 SF: 5,340 SF warehouse, 1,800 SF office, plus 1,800 SF mezzanine; Heated warehouse features 16' ceilings (12' minimum clear) and five overhead doors (four 14' OHD, one 16' OHD)
More about this property
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