2310 Lincoln AveCharleston, IL 61920

  • Other commercial real estate
  • 0.82 AC
For Lease

Property Details for 2310 Lincoln Ave

Lot size
0.82 AC
Property type
Other commercial real estate
APN
02-2-15952-000
APU
2215952000

Description

This exceptional 3,160 square foot freestanding former quick-service restaurant (QSR) presents a unique investment opportunity in Charleston, Illinois. Boasting a convenient drive-thru, the property sits on a sizable 1.32-acre lot, offering ample space for potential expansion or outdoor seating. Strategically located on Lincoln Avenue, a major thoroughfare with over 10,300 vehicles passing daily, this location ensures high visibility and significant foot traffic. The property benefits from exceptional tenant synergy, situated near established national brands such as Chick-fil-A, Starbucks, McDonald's, Taco Bell, Arby's, and Dunkin'. Its prime location as an outparcel at the signalized hard corner intersection of a Walmart Supercenter's entrance guarantees substantial crossover retail traffic from both Walmart and the ALDI grocery store across the street. Furthermore, its proximity to residential areas, including the 337-unit Campus Pointe Apartments and Eastern Illinois University (with over 7,000 students) just one mile away, provides a large and readily accessible customer base. The property's size, location, and existing infrastructure make it an ideal site for a variety of QSR concepts or other retail businesses seeking high visibility and strong consumer traffic in a thriving market. The Coles County location offers a stable and growing community, making this a compelling investment opportunity. The entire 3,160 square feet is currently vacant, providing immediate occupancy for a new tenant. The cross street is Hawthorne Drive.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,976,013
    Hospitality
    $9,137,975
    Educational
    $7,602,688
    Medical
    $7,864,156
    Retail
    $11,826,403
2310 Lincoln Ave, Charleston, Illinois
Leaflet | © OpenStreetMap contributors

Location Insight

City
Charleston
County
Coles
State
Illinois
Latitude
39.4871
Longitude
-88.1549
CBSA code
16660
CBSA name
CHARLESTON-MATTOON, 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
2020
$22,313
$113,535
$86,436
$199,971
-
$340,605
$259,308
$599,913

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.