Property profile

915 5th St Lincoln, IL 62656

OFF-MARKET
Commercial real estate
Property ID
US28-4070820
Individually Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 9,600 square foot commercial property at 915 5th Street in Lincoln, IL, presents a remarkable investment opportunity. The building, constructed of durable block and stone, boasts a main floor featuring a large, open gathering area with hardwood floors and convenient side access via a ramp. A sizable kitchen/prep area, two bathrooms, and additional flexible space complete the main level. The lower level offers even more versatility, including a second kitchen/prep area equipped with a new vent hood, multiple office spaces, two more bathrooms, and a spacious open area previously used as a bar. A walk-in cooler and separate rear exterior access with a side ramp enhance functionality. The property benefits from an architectural roof, two HVAC units, a newer on-demand water heater, and vinyl windows. Ample parking is provided. This well-located building enjoys high visibility and consistent traffic flow, making it ideal for a variety of commercial uses. Note that scheduled events will continue on-site until closing. The solid construction and expansive layout offer endless possibilities for a creative and ambitious entrepreneur.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 12-508-005-10
UPID US28-4070820

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Association / Organization

Location

915 5th St Lincoln, IL 62656-2307
Lincoln metro Census 953300 LINCOLN, IL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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