452 Lincoln Hwy DeKalb, IL 60115
- Commercial real estate
- 0.36 lot acres
Current Use by Public Records
- Subway / Fast Food Restaurant / Takeout Restaurant
Property Details for 452 Lincoln Hwy
- Lot size
- 0.36 lot acres
- Property type
- Commercial real estate
- APN
- 08-23-302-025
- APU
- 823302025
Description
This exceptional 1,296 square foot Class A retail, office, or restaurant space is ideally situated at 452 E Lincoln Hwy in DeKalb, Illinois, 60115, near the intersection of 4th Street. The single-tenant space boasts high visibility on Lincoln Highway, a major thoroughfare, and ample parking. Its prime location offers excellent access to Northern Illinois University (NIU) and other national retailers. The property benefits from its position within a high-traffic commercial center, anchored by established businesses such as Dunkin' Donuts and Rosati's. Previously occupied by a sandwich shop, this versatile space is ready for immediate occupancy and presents a fantastic opportunity for a variety of businesses. The property is classified as Traditional Office and offers a contiguous space of 1,296 square feet. Its location near downtown DeKalb ensures high foot traffic and visibility, making it an attractive option for businesses seeking a strong presence in a vibrant community. The space is well-suited for a variety of uses, including retail, office, or restaurant operations.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,680,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,790,000
- 6.5%
- $1,680,000
- 7%
- $1,670,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,710,000
- Geo Method
- $1,950,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,075,000
- Retail
- $2,080,000
- Mixed-Use
- $2,130,000
- Hospitality
- $1,630,000
- Educational
- $1,685,000
- Residential Income
- $1,565,000
- Energy
- $2,040,000
- Income-Based Land
- $1,655,000
- Food Service
- $1,615,000
Location Insight
- Map
- Local Demand
- City
- Dekalb
- County
- Dekalb
- State
- Illinois
- Longitude
- -88.7491
- Latitude
- 41.929
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA