Property summary
This exceptional commercial property in Lincoln, Illinois, presents a unique investment opportunity. Located on the city's west side, directly across from the Logan County Fairgrounds and near Memorial Hospital, this property boasts high visibility and convenient access. The main structure is a 5,400 square foot metal building, constructed in 1972, featuring a flexible open floor plan ideal for a variety of uses. Three bathrooms, a sauna, and a shower are included, along with dedicated office/storage space. Ample parking is available, accommodating over 20 vehicles. Adding to the property's versatility is a second, 1,120 square foot metal building situated just west of the main structure. This additional building is insulated and heated, providing further space for operations or storage. The asking price for this property is $150,000. The property is classified as land, industrial, and office, encompassing commercial, warehouse, flex, and medical office subtypes. Please note that any exercise equipment previously located on the property is not included in the sale. This property is zoned for commercial use and offers significant potential for a variety of businesses. Its prime location and versatile layout make it an attractive investment opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight