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    2619 Lincolnway Sterling, IL 61081

    • Commercial real estate
    • 1.87 lot acres
    For Sale
    View listing
    $279,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-3046722
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Professional Lot Maintenance / Asphalt Contractor / Snow Removal Service

    Property Details for 2619 Lincolnway

    Lot size
    1.87 lot acres
    Property type
    Commercial real estate
    APN
    1114377004
    APU
    1114377004

    Description

    This exceptional 4,000 square foot commercial property presents a remarkable opportunity for a variety of businesses. Strategically located on East Lincolnway in Sterling, Illinois, this property boasts a highly desirable east end location, directly across from Northland Mall and numerous other established businesses, ensuring high visibility and foot traffic. The property is zoned B-3, offering flexibility for a wide range of commercial uses. The building features two convenient overhead doors, perfect for loading and unloading, and is complemented by a substantial concrete area adjacent to the structure, providing ample space for storage, parking, or outdoor operations. This prime location, combined with the building's functional design and versatile zoning, makes this an ideal investment for entrepreneurs seeking a thriving business environment. The property's size and features offer significant potential for growth and expansion, making it an attractive option for businesses of all sizes. Don't miss this chance to secure a prominent location in a bustling commercial area. Act quickly to capitalize on this exceptional opportunity.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $235,000
      6.5%
      $225,000
      7%
      $250,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $205,000
      Mixed-Use
      $210,000
      Hospitality
      $250,000
      Educational
      $250,000
      Residential Income
      $205,000
      Energy
      $225,000
      Income-Based Land
      $215,000
      Food Service
      $210,000

    Location Insight

    • Map
    • Local Demand
    City
    Sterling
    County
    Whiteside
    State
    Illinois
    Longitude
    -89.6636
    Latitude
    41.8037
    CBSA code
    44580
    CBSA name
    STERLING, IL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,512
    $25,946
    $7,556
    $33,502
    -
    $77,838
    $22,668
    $100,506

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    2619 Lincolnway
    Sterling, IL 61081
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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