Mixed-Use

Lincoln, IL Mixed-use Properties for Sale

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Downtown Retail/Office Space For Sale
Updated: Feb 12
Downtown Retail/Office Space For Sale

616 Broadway St, Lincoln, IL 62656

Contact for pricing
9,351 sqft
Prime downtown location across from Logan County Courthouse.
Large building with 9,000+ total square feet.
Priced to sell at $99,900.
Large open main floor with 5,900 sq ft, suitable for retail.**
Substantial updates including electrical, fire alarm system, flooring, ceiling tiles, and lighting.**
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Brick Mixed-Use Building
Updated: Jun 17
Brick Mixed-Use Building

608-612 Broadway Street, Lincoln, IL 62656

$625,000
All‑brick mixed‑use building dating back to the early 1900s in downtown Lincoln, IL
Main level has two retail storefronts, including one occupied space and one vacant storefront
Second floor includes three fully leased residential apartments, with potential to add a fourth unit
Additional rear storage space provides extra income potential
Zoned C‑1, supporting uses such as retail, restaurant, office, salon, and residential
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lincoln, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mobile Home Park With Commercial Building
Mobile Home Park With Commercial Building

3915 N DIRKSEN Parkway, Springfield, IL 62702

$250,000
1.58 AC lot

B-1 zoning and a mobile home park variance accompany existing commercial and storage buildings.

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Mobile Home Park With Commercial Building
Mobile Home Park With Commercial Building

3915 N DIRKSEN Parkway, Springfield, IL 62702

$250,000
1.58 AC lot

B-1-zoned property includes a vacant commercial building, three mobile homes, and an additional lot for future placement.

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Mixed-Use Apartment Complex
Mixed-Use Apartment Complex

2490 N WATER ST, Decatur, IL 62526

Contact for pricing
55,297 sqft 4.51 AC lot

Three-building property combines apartments with street-level commercial suites and public transportation access.

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Versatile Commercial Property in Decatur, IL
Versatile Commercial Property in Decatur, IL

2882 N Dinneen St, Decatur, IL 62526

Contact for pricing
14,000 sqft 8.00 AC lot

Spacious 14,000+ sq ft property on 8+ acres.

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Lincoln, IL Mixed-Use Properties Market Trends and Statistics

Explore 2 mixed-use properties for sale in Lincoln, IL on our real estate platform. These investment opportunities span a total of 9,351 square feet of properties for sale, with an estimated market value of $625,000.

Sale prices for multi use buildings in Lincoln, IL average $625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Live-work space 1

Demographics Overview

Population 18K
Population Growth (5Y) -6.0%
Median Household Income $59,129
College Educated 25.1%

High-Yield Neighborhoods for Investment

Identify Lincoln submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62656 $625K

Taxes & Financing

Tax Rate (average for all types) 8.36%
Property Tax per SF $6.81 per SF
Tax Rate vs County Average 0.46 pp above county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Lincoln fall within the 10,000 to 25,000 square foot range.

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