For Sale
Contact for pricing
206 S McLean St, Lincoln, IL 62656
Office Units
Property Size4,120 SF
Price / SF$83.86
Days on Market1356
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: Sep 2
Last Checked: Aug 30 at 10:32PM
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
Investment Insights
Based on property information with market context.
Key Highlights
- High 9% Cap Rate
- Leased through June 2027 with a 3‑year renewal option
- Fully occupied by a single tenant
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
Where is this office units 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
