102 5th St Lincoln, IL 62656-2668
Property profile & analytics
102 5th St Lincoln, IL 62656-2668
- Commercial real estate
Property ID
US28-4061620
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.
Location Intelligence
Current Use by Public Records
- Stuffed-Aria Pizza / Restaurant
Property Details for 102 5th St
- Property type
- Commercial real estate
- APN
- 08-220-144-00
- APU
- 822014400
Description
This turnkey restaurant opportunity in Lincoln, Illinois, presents a fantastic chance for immediate operation. Located at 102 5th St., Lincoln, IL 62656, this 912 square foot commercial property is priced at $275,000. The sale includes all existing inventory, significantly reducing startup costs and allowing for a seamless transition. The property is fully equipped with essential restaurant equipment, including a pizza oven, a Hobart mixer, six prep tables, a deep freezer, and a walk-in cooler. This comprehensive setup eliminates the need for substantial upfront investment in kitchen infrastructure. The property's classification as both retail and land suggests potential for diverse uses beyond its current configuration. The location in Lincoln, Illinois offers access to a defined customer base within the Logan County area. This is a rare opportunity to acquire an established business with all equipment and inventory included, minimizing risk and maximizing potential for immediate profitability. The property's size and existing infrastructure make it an attractive proposition for experienced restaurateurs or entrepreneurs seeking a ready-to-operate business. Serious inquiries are encouraged to explore this exceptional opportunity further.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lincoln
- County
- Logan
- State
- Illinois
- Longitude
- -89.3676
- Latitude
- 40.1472
- CBSA code
- 30660
- CBSA name
- LINCOLN, 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
$1,903
$11,800
$8,320
$20,120
-
$35,400
$24,960
$60,360
