Brick Mixed-Use
For Sale
$585,000
608-612 Broadway Street, Lincoln, IL 62656
All-brick building with two retail storefronts on the main level and three fully leased apartments above.
Property Size21,000 SF
Days on Market85
Property Features for 608-612 Broadway Street
General Information
Standard status
Active
Size
21,000 SF
Property subtype
Retail
Zoning
C-1
Additional Details
Road Access
Yes
Multifamily Units
3
Building Details
Building Size
21,000 SF
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
SVN | Core 3
Listed By:
Carrie Tinucci-Troll, CCIM · License #IL475166842
(331) 452-6860
Source:
Svn
Added: Jun 17
Changed: Aug 23
Last Checked: Sep 8 at 6:33AM
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 SVN | Core 3
Investment Insights
Based on property information with market context.
This all-brick mixed-use building dates to the early 1900s and offers downtown character with a practical, income-producing layout. The main level includes two retail storefronts, one occupied by The Copper Penny and one vacant space available for an owner-user or new tenant. The second floor provides three fully leased residential apartments, with the potential to add a fourth unit. Additional storage space at the rear of the property adds further income potential.
The property is located along historic Route 66 and is described as being in a busy downtown corridor with local coffee shops, restaurants, retailers, and salons. It is zoned C-1, which supports a variety of uses including retail, restaurant, office, salon, and residential.
As configured, the building combines existing rental income from apartments and retail with an available storefront for immediate occupancy or owner-occupant use.
The property is located along historic Route 66 and is described as being in a busy downtown corridor with local coffee shops, restaurants, retailers, and salons. It is zoned C-1, which supports a variety of uses including retail, restaurant, office, salon, and residential.
As configured, the building combines existing rental income from apartments and retail with an available storefront for immediate occupancy or owner-occupant use.
Key Highlights
- All‑brick mixed‑use building dating back to the early 1900s in downtown Lincoln, IL
- Main level has two retail storefronts, including one occupied space and one vacant storefront
- Second floor includes three fully leased residential apartments, with potential to add a fourth unit
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
702
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - All-brick building with two retail storefronts on the main level and three fully leased apartments above.
Where is this mixed-use property located?
The property is located at 608-612 Broadway Street Lincoln, IL.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: All‑brick mixed‑use building dating back to the early 1900s in downtown Lincoln, IL; Main level has two retail storefronts, including one occupied space and one vacant storefront; Second floor includes three fully leased residential apartments, with potential to add a fourth unit
