101 Lincoln Ave Hinckley, IL 60520
- Mixed-use properties
- 10,196 SF
Current Use by Public Records
- Mixed-use properties
Property Details for 101 Lincoln Ave
- Year built
- 1900
- Property size
- 10,196 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use commercial property presents a unique investment opportunity in the heart of Hinckley, Illinois. Located on the highly visible corner of Lincoln and Sycamore Avenues, the building boasts a substantial 10,196 square feet of space. Previously occupied by a bank, the building offers versatile potential for a variety of commercial uses. The property is zoned B1, allowing for a range of business ventures. A significant feature is the inclusion of a full basement, providing ample storage or additional development possibilities. Adding to the income potential, the upper level features two apartments, currently unoccupied, offering immediate rental income opportunities upon renovation and lease. The building is currently vacant and ready for immediate occupancy. The property is easily accessible and benefits from high visibility due to its corner location. A lockbox is in place for convenient access. This is an exceptional opportunity to acquire a substantial commercial property in a desirable location with significant upside potential. The property is being offered at $397,900. Serious inquiries only.
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
- Hinckley
- County
- DeKalb
- State
- Illinois
- Longitude
- -88.6413
- Latitude
- 41.7688
