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Fenced Flex-Space Site
For Sale
Under Contract
$1,100,000

320 W Lincoln Highway, Cortland, IL 60112

Commercial Sale, Cortland, IL

Property Size7,140 SF
Lot Size3.00 Acres
Price / SF$611.11
Days on Market363

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

reception area
conference room
break room
IT room
shower
security gate

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 19 Last Checked: Sep 14 at 2:06AM
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.

This 3-acre flex-space property includes three buildings within a fully fenced site, supported by a motorized security entrance and an interior yard gate. The principal building contains 5,340 square feet of heated warehouse area, 1,800 square feet of air-conditioned office space, and an 1,800-square-foot mezzanine. Warehouse features include 16-foot ceilings with 12-foot minimum clear height, four 14-foot overhead doors, and one 16-foot overhead door. The office layout provides reception, five private offices, a conference room, break room, IT room, and two bathrooms, including a warehouse bathroom with a shower.

Two additional steel buildings expand the site’s storage and operational capacity. One measures approximately 2,520 square feet and offers three overhead-door openings, 11-foot clear height, concrete flooring, and a 200-amp electrical panel. The second is approximately 4,320 square feet with two overhead-door openings, 16-foot clear height, and a gravel floor. The property is located 2 miles from I-88, uses well and septic, carries COMMR zoning, and was built in 1980.

Key Highlights

  • 3‑acre fully fenced site with three buildings
  • Main building includes 5,340 SF warehouse, 1,800 SF office, and 1,800 SF mezzanine
  • Heated warehouse has 16' ceilings, 12' minimum clear height, four 14' OHDs, and one 16' OHD

Property Analytics

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Current Use

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

Suggested Use

Top Pick Real Estate Agency Hair Salon Big Box & Wholesale Store Furniture & Home Goods Auto Parts Store Nail Salon

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

979
Businesses Nearby
Under-served
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Three-building commercial compound offers enclosed yard storage, warehouse capacity, and office accommodations.
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: 3‑acre fully fenced site with three buildings; Main building includes 5,340 SF warehouse, 1,800 SF office, and 1,800 SF mezzanine; Heated warehouse has 16' ceilings, 12' minimum clear height, four 14' OHDs, and one 16' OHD
More about this property
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