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Storefront Building with Office Space
For Sale
$99,900

616 BROADWAY Street, Lincoln, IL 62656

Commercial Sale, Lincoln, IL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market190

Property Features for 616 BROADWAY Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMERCIAL
Directions Downtown Lincoln between Kickapoo Street and McLean Streets. Building sign reads "The Hanger".
Standard status Active
APN 08-210-078-00
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 8-1085 LOT 13 BLOCK 9 ORIG TOWN NOW CITY OF LINCOLN
Tax Annual Amount 5126
Legal Description 8-1085 LOT 13 BLOCK 9 ORIG TOWN NOW CITY OF LINCOLN

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Floors in Building 2
Flooring type Wood
Building materials Brick, Wood Siding
Roof type Flat, Rolled Hot Mop
Listing Agency: Keller Williams Capital · Keller Williams Realty
Listed By: Andrew Meister · License #475168828
Added: Feb 11 Changed: Aug 19 Last Checked: Aug 20 at 5:06PM
MLS# CA1041718

Copyright © 2026 RMLS Alliance. 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 brick storefront property includes more than 9,000 square feet across two levels. The primary floor provides approximately 5,900 square feet of open retail area, two half bathrooms, built-in display niches, storage along both sides, and an office positioned above the sales floor. A broad stairway connects to more than 3,000 square feet of additional upper-level space suitable for storage or office use.

Recent work includes electrical improvements, a fire alarm system, purchased flooring, suspended ceiling tiles, and lighting. The building also features wood flooring, natural-gas forced-air heat, central air, a flat and rolled hot-mop roof, and public sewer service. It occupies a 0.1377-acre lot at 616 Broadway Street in Lincoln, across from the Logan County Courthouse.

Key Highlights

  • More than 9,000 square feet of total building area
  • Approximately 5,900 square feet on the main floor
  • More than 3,000 square feet of upper‑level space

Property Analytics

Current Use

Witz End Boutique Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Pharmacy Electrical Service Garden Center Law Firm Grocery & Convenience Store

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

702
Businesses Nearby
Under-served
Demand for This Use

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 Office in Midwest region

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

What type of property is this?
Storefront property - Brick commercial building with open retail areas, upper-level space, storage, offices, and recent building-system updates.
Where is this storefront property located?
The property is located at 616 BROADWAY Street Lincoln, IL.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: More than 9,000 square feet of total building area; Approximately 5,900 square feet on the main floor; More than 3,000 square feet of upper‑level space
More about this property
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