For Sale
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206 S McLean St, Lincoln, IL 62656
Office Units
Property Size4,120 SF
Price / SF$83.86
Days on Market1402
Property Features for 206 S McLean St
General Information
Standard status
Active
Size
4,120 SF
Class
A
Property subtype
Office
Zoning
C-1
Occupancy
100%
Lease Type
Net
Net Operating Income
$31,100
Building Details
Tenancy
Single
Listing Agency:
Todd P Smith Real Estate Inc
Listed By:
Todd Smith · License #IL 471004523
(217) 553-5439
Source:
Crexi
Added: Dec 19, 2022
Changed: Oct 20
Last Checked: Oct 20 at 5:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Todd P Smith Real Estate Inc
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Investment Insights
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Key Highlights
- High 9% Cap Rate
- Leased through June 2027 with a 3‑year renewal option
- Fully occupied by a single tenant
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
Where is this office unit located?
The property is located at 206 S McLean St Lincoln, IL.
What is the asking price?
The asking price for this property is $345,500.
What are key features of this property?
This property features: High 9% Cap Rate; Leased through June 2027 with a 3‑year renewal option; Fully occupied by a single tenant
