2050 Lincoln Hwy DeKalb, IL 60115
- Commercial real estate
Current Use by Public Records
- Jw Auto sales and storage / Motor Vehicle Dealer
Property Details for 2050 Lincoln Hwy
- Property type
- Commercial real estate
Description
This exceptional 50,094 sq ft commercial lot at 2050 E Lincoln Highway in DeKalb, Illinois (zip code 60115), is priced at $525,000. Currently zoned for a variety of uses, including a used car lot and storage units, this property presents a unique investment opportunity. The lot's high visibility on a busy street ensures significant exposure for any business. The property's previous use included a single-family home with three bedrooms, a finished basement with an additional bedroom and family room, a brick paver patio, a gazebo, and attached and detached garages providing ample parking. The existing structures offer potential for conversion or repurposing to suit a variety of commercial needs. The city of DeKalb has already approved its use as a used car lot and storage units, streamlining the permitting process for similar ventures. This versatile property is ideal for entrepreneurs seeking a high-traffic location with diverse development possibilities. The substantial lot size allows for significant expansion or the addition of new structures. Don't miss this chance to acquire a prime commercial property in a thriving Illinois community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- DeKalb
- County
- DeKalb
- State
- Illinois
- Longitude
- -88.7265291
- Latitude
- 41.9225254
