120 Chicago St Lincoln, IL 62656
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Downtown Lincoln, IL: Two Buildings, Huge Potential
Property Features for 120 Chicago St
General Information
- Property type
- Retail properties
Listing Agency: ME Realty Listing Agent: Seth Goodman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents two adjacent, two-story commercial buildings located at 120 S Chicago Street in Lincoln, Illinois, 62656. Offered at $15,000, this property comprises land and existing structures zoned for commercial use. Both buildings are currently vacant and require significant repairs; they are sold strictly "AS IS." The buildings have been unoccupied for several years, presenting a unique chance for a buyer to revitalize a prime downtown location. The property's address is 120 S Chicago Street, situated in Logan County, Illinois. The precise geographic coordinates are latitude 40.1468157 and longitude -89.3639433. Given their size and location, these buildings offer substantial potential for redevelopment and repurposing to suit a variety of commercial ventures. The "AS IS" condition allows for creative vision and flexibility in renovation plans. This is an ideal opportunity for an investor seeking a high-return project with significant upside potential in a central Illinois location. The property's current condition necessitates a comprehensive assessment of repair needs prior to purchase. Serious inquiries are encouraged to explore the full potential of this unique downtown Lincoln property.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Logan
- State
- Illinois
- Longitude
- -89.3639433
- Latitude
- 40.1468157
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FAQs
What type of property is this?
Retail property - Downtown Lincoln, IL: Two Buildings, Huge Potential
Where is this retail property located?
The property is located at 120 Chicago St Lincoln, IL.
What is the asking price?
The asking price for this property is $15,000.
What are key features of this property?
This property features: $15,000 asking price.; Commercial land, office, and retail property located at 120 S Chicago Street, Lincoln, IL 62656.; Two adjacent, two-story buildings in Lincoln, IL, requiring renovation; sold as-is.
