12-Unit Strip
525 WOODLAWN Road, Lincoln, IL 62656
For Sale
New
Contact for pricing
Pending
A mix of retail and service businesses occupies the property, with several units currently vacant.
Property SizeContact for details
Days on Market7
Property Features for 525 WOODLAWN Road
General Information
Standard status
Property subtype
Additional Details
Gross Income
Tenant in Place
Building Details
Tenancy
Listing Agency:
ME Realty
Listed By:
Seth Goodman · License IL #475126097
(217) 737-3742
Source:
Crexi
Added: Nov 7
Changed: Nov 12
Last Checked: Nov 12 at 8:12AM
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 ME Realty
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Investment Insights
Based on property information with market context.
At 525 Woodlawn Road in Lincoln, this commercially zoned strip mall contains 12 individual units. Existing businesses include a bakery, barber shop and vape shop, along with other tenants. Several units are vacant, providing a mix of occupied and unoccupied commercial space.
Key Highlights
- 12 individual commercial units
- Several units are vacant
- Current businesses include a bakery, barber shop and vape shop
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 28%
Home Improvements & Furnishings 25%
Hardee's
Dining
4,829 visits/mo
0.0 miles
O'Reilly Auto Parts
Shops & Services
2,813 visits/mo
0.1 miles
Rent A Center
Home Improvements & Furnishings
2,064 visits/mo
0.3 miles
Rent One
Home Improvements & Furnishings
429 visits/mo
0.4 miles
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Strip mall - A mix of retail and service businesses occupies the property, with several units currently vacant.
Where is this strip mall located?
The property is located at 525 WOODLAWN Road Lincoln, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 12 individual commercial units; Several units are vacant; Current businesses include a bakery, barber shop and vape shop
