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    3913 Lincolnway Sterling, IL 61081

    For Sale
    Contact for pricing

    Prime commercial lots, Hwy 2 frontage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land offering presents a unique investment opportunity in Sterling, Illinois. Located along the highly trafficked Highway 2 (3913 E. Lincolnway), this property boasts exceptional visibility and accessibility. The total site encompasses 4.172 acres, divisible into individual lots of approximately one acre or more, offering flexibility for various development plans. Lot sizes can be customized to meet specific project needs. The property is zoned for commercial use, making it ideal for a wide range of retail, commercial, or mixed-use developments. Its prime location on Sterling's main retail corridor ensures high traffic volume and significant exposure to potential customers. The convenient access via the Highway 2 frontage road provides easy ingress and egress for both customers and employees. This is a rare chance to acquire a strategically located parcel in a thriving commercial area, offering significant potential for growth and return on investment. The property's size and zoning provide ample opportunity for a variety of development projects, making it an attractive option for both established businesses and new ventures seeking a prominent location in Sterling, Illinois. Don't miss this chance to secure a piece of Sterling's vibrant commercial landscape.

    Property Features for 3913 Lincolnway

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 1‑Acre lots available.
    • Flexible lot sizes available.
    • 4.172‑acre commercial site.
    • Commercially zoned.
    • Highway 2 (3913 E. Lincolnway) location.
    • High visibility on Sterling's main retail thoroughfare (Hwy 2).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Blain's Farm & Fleet ... Department Store Blain's Farm & Fleet ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Sterling
    County
    Whiteside
    State
    Illinois
    Longitude
    -89.6492125
    Latitude
    41.8138127

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    FAQs

    What type of property is this?
    Land - Prime commercial lots, Hwy 2 frontage.
    Where is this land located?
    The property is located at 3913 Lincolnway Sterling, IL.
    What are key features of this property?
    This property features: 1-Acre lots available.; Flexible lot sizes available.; 4.172-acre commercial site.
    Request Owner's contact information
    3913 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
    3913 Lincolnway Sterling, IL 61081
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