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Fenced Commercial Site with Buildings
For Sale
Under Contract
$1,100,000

320 W Lincoln Highway, Cortland, IL 60112

COMMERCIAL - Cortland, IL

Lot Size3.00 Acres
Days on Market317

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

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: May 20 Last Checked: Jul 30 at 6:06PM
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 three-acre, completely fenced commercial site with three buildings is available for sale or lease and ready for immediate occupancy. Located just 2 miles from I-88, the property was historically used by a fence company and is ideally suited for contractors or other users needing outside storage. The main building offers 7140 square feet, including 5340 square feet of warehouse space and 1800 square feet of office space, plus an 1800 square foot mezzanine suitable for storage. The heated warehouse area features 16-foot ceilings (12-foot minimum clear), four 14-foot tall overhead doors, and one 16-foot tall overhead door. The heated and air-conditioned office space includes a large reception area, five private offices, a conference room, a break room with a sink, and an IT room, along with two bathrooms, one of which includes a shower. There are two unheated, uninsulated steel outbuildings. The front outbuilding, totaling approximately 2520 square feet, is divided into two areas with three overhead door openings, 11-foot clear ceiling height, a concrete floor, and a 200 amp electric panel. The other outbuilding is approximately 4320 square feet and features two overhead door openings, 16-foot clear ceiling height, and a gravel floor. Additional features include a motorized security gate and a manual interior yard gate. The property uses well and septic systems.

Key Highlights

  • Three‑acre, completely fenced site with three buildings, ideal for contractors needing outside storage.
  • Main building features 7,140 sq ft including 5,340 sq ft of heated warehouse space and 1,800 sq ft of heated and air‑conditioned office space.
  • Warehouse includes high ceilings (16' / 12' clear) and five overhead doors (four 14' tall, one 16' tall).

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.

Location Intelligence

Trade Area within ½ mile

133
Businesses Nearby
Well-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

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
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Similar Off Market Nearby

  • Dekalb Distributing Co — 1224 E Lincoln Hwy, DeKalb, IL 60115

Frequently Asked Questions

What type of property is this?
Warehouse - Three-acre fenced site with three buildings, ready for occupancy.
Where is this warehouse 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: Three‑acre, completely fenced site with three buildings, ideal for contractors needing outside storage.; Main building features 7,140 sq ft including **5,340 sq ft of heated warehouse space** and **1,800 sq ft of heated and air‑conditioned office space.**; Warehouse includes **high ceilings (16' / 12' clear)** and **five overhead doors** (four 14' tall, one 16' tall).
More about this property
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