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Double Corner Residential Lot
For Sale
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515 Oglesby Avenue, Lincoln, IL 62656

Build your next home or consider redevelopment on a double corner lot with west-side alley access.

Property SizeContact for details
Days on Market516

Property Features for 515 Oglesby Avenue

General Information

Standard status Active
Property subtype Lots/Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $724
Listing Agency: Johnson Real Estate
Listed By: Gordon Johnson · License #471000549
Source: Exitrealty
Added: Apr 29, 2025 Changed: Sep 10 Last Checked: Sep 15 at 5:17AM

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 Johnson Real Estate

Investment Insights

Based on property information with market context.

This listing offers a double corner residential lot suitable for building the home you have in mind. The property is also being marketed as an option for investors considering a multi-unit property.

An alley runs to the west of the lot, providing straightforward access. The public remarks also note easy access to I-55.

The site’s configuration and corner positioning make it a practical choice for buyers evaluating different residential build or redevelopment plans.

Key Highlights

  • Double corner lot building site for a future home or redevelopment
  • Includes alley access to the west of the lot
  • Easy access to I‑55 via the west‑side alley

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Electrical Service Building Supply Skin Care Clinic

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

271
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build your next home or consider redevelopment on a double corner lot with west-side alley access.
Where is this residential land & home lot located?
The property is located at 515 Oglesby Avenue Lincoln, IL.
What are key features of this property?
This property features: Double corner lot building site for a future home or redevelopment; Includes alley access to the west of the lot; Easy access to I‑55 via the west‑side alley
More about this property
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