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    4400 Lincolnway Sterling, IL 61081

    Sponsored
    For Lease
    Contact for pricing

    Prime retail space, multiple suites available.

    Lot size:
    12,328 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,328 square foot retail property, built in 2022, is situated on 8.9 acres of land at 4400 E Lincolnway in Sterling, Illinois (zip code 61081). The single-story building features four suites, with 7,003 square feet currently vacant, offering flexible space options ranging from 1,700 to 5,303 square feet. The property boasts excellent visibility and high traffic counts, exceeding 12,000 vehicles per day, making it an ideal location for businesses seeking high exposure. Located in Sterling's main shopping corridor, this center benefits from proximity to major retailers such as Buffalo Wild Wings, Dollar Tree, Kay Jewelers, Menards, and Walmart. Ample parking is provided with 56 spaces. The property is zoned commercial and features building signage opportunities. This mixed-use property presents a unique opportunity for businesses seeking a prominent location in a thriving retail environment. The address is easily accessible via East Lincolnway, with a cross street approximately 538 feet away.

    Property Features for 4400 Lincolnway

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,328 SF

    Building Details

    Year Built
    2022
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1
    Size
    5,303 SF
    Space
    Suite 2
    Size
    1,700 SF

    HighLights

    • High‑traffic location with over 22,000 vehicles per day.
    • Prime Sterling shopping corridor location.
    • Excellent visibility on a major Sterling thoroughfare.
    • Building signage opportunities available.
    • Proximity to major retailers.
    • Brand new construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Electrical Service Storage Facility Garden Center Car Rental

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sterling
    County
    Whiteside
    State
    Illinois
    Longitude
    -89.644402970055
    Latitude
    41.819093994054

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail property - Prime retail space, multiple suites available.
    Where is this retail property located?
    The property is located at 4400 Lincolnway Sterling, IL.
    What are key features of this property?
    This property features: High-traffic location with over 22,000 vehicles per day.; Prime Sterling shopping corridor location.; Excellent visibility on a major Sterling thoroughfare.
    Request Owner's contact information
    4400 Lincolnway Sterling, IL 61081
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    Sterling, IL 61081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4400 Lincolnway Sterling, IL 61081
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