Property summary
This exceptional commercial property, located at 500-508 BROADWAY Street in Lincoln, Illinois, presents a unique investment opportunity. The property, formerly home to the State Bank of Lincoln for over a century, comprises three buildings totaling 11,000 square feet and sits on a sizable land parcel. The main building boasts a grand lobby with high ceilings, perfect for creating a welcoming atmosphere for any business. The interior features over 20 private offices, ideal for individual… workspaces or small teams, along with multiple restrooms for convenience. Four large conference rooms provide ample space for meetings and presentations. A significant feature is the large walking vault, offering versatile potential for storage or repurposing. The property's diverse zoning allows for a variety of uses, including commercial, flex, executive office, and medical office spaces. The seller envisions the property becoming a valuable community asset in Lincoln, Illinois, and is open to creative repurposing ideas. This property is priced at $450,000 and offers significant potential for return on investment. The location in Lincoln, Logan County, IL, zip code 62656, provides excellent access to local amenities and transportation. This is a rare chance to acquire a substantial, historically significant property with immense potential for redevelopment.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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